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Everything You Need To Know About What Amazon Is Doing In Financial Services

CB Insights

Webpay failed to gain user traction and was shut down in 2014, unlike up-start Venmo (now a part of rival payments processor PayPal). It’s likely that Amazon was too early to P2P payments. The 2017 FDIC National Survey of Unbanked and Underbanked Households shows: Approximately 6.5% US households, composed of 14.1M