Amazon's Plan to Disrupt the Payments Industry

The video discusses Amazon's potential to create its own payment system, similar to PayPal and Alipay, leveraging its vast consumer and merchant base. It highlights Amazon's technological capabilities and market position, emphasizing the risk it poses to existing payment players like PayPal. The video also explores Amazon Pay's promotion and its impact on competitors, particularly small and medium merchants.

What are the potential risks for incumbent payment players like Visa and PayPal if Amazon decides to build its own payment system?

What is the 'chicken and egg problem' in building a payments network, and how does Amazon address this issue?

How does Amazon's scale and technology capabilities contribute to its potential success in the payments market?

Discuss the implications of Amazon Pay for its competitors like PayPal and Apple Pay.

In what ways is Amazon targeting small and medium merchants, and why is this significant for its payment strategy?