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Small businesses looking to take occasional card payments without paying monthly fees now have a third option as Amazon has launched Local Register to compete with Square and PayPal Here – as we predicted last month over on 9to5Mac. The $10 card-reader is currently only compatible with the Samsung Galaxy S3, S4 and S5, along with the Kindle Fire HD and HDX tablets, but more devices are expected to be added.
Amazon is undercutting both competitor services with a flat fee of 2.5 percent per transaction (vs 2.7 percent for PayPal Here and 2.75 percent for Square). Not enough? Amazon is sweetening the deal with a special introductory rate of 1.75 percent until the end of 2015, and will also credit the $10 cost of the cardreader in full against transaction fees …
“From clothing stores to contractors, food trucks to accountants, businesses and organizations using Amazon Local Register will enjoy industry-leading low rates, trusted and secure payment processing, and access to award-winning customer support,” said Matt Swann, Vice President of Amazon Local Commerce.
The free companion app includes reporting features for “bottom line performance, sales trends, peak sales times and more.” For those who want to get more serious about it, Amazon is offering a range of accessories, including cash drawers, receipt printers, smartphone cases and stands.
The service is initially available in the U.S. and Japan only but is expected to roll out internationally. You can see more on the Local Register microsite, and the full press release is included below.
Introducing Amazon Local Register
New card reader and mobile app backed by award-winning customer support and the same services that securely power Amazon.com purchases
Free mobile app available on Amazon Appstore, Apple App Store and Google Play
Industry-leading low transaction rate – customers who sign up before October 31 receive rate of 1.75 percent on swiped transactions until January 1, 2016
SEATTLE–(BUSINESS WIRE)–(NASDAQ: AMZN) – Amazon.com today announced Amazon Local Register, a secure card reader and mobile app that provides local businesses with the tools they need to quickly and easily accept credit and debit cards from a smartphone or tablet and keep track of their growing business. Amazon Local Register customers will have access to the Amazon.com award-winning, fully dedicated customer support team, as well as in-app tracking tools. Customers who sign up for Amazon Local Register before October 31 will also receive a low promotional rate of 1.75 percent per card swipe on all major credit and debit cards until January 1, 2016. Additional details are available at localregister.amazon.com.
“We understand that every penny and every minute counts, so we want to make accepting payments so easy and inexpensive that it no longer gets in the way of a business owner doing what they love – serving their customers and growing their business.”SEATTLE–(BUSINESS WIRE)–(NASDAQ: AMZN) – Amazon.com today announced Amazon Local Register, a secure card reader and mobile app that provides local businesses with the tools they need to quickly and easily accept credit and debit cards from a smartphone or tablet and keep track of their growing business. Amazon Local Register customers will have access to the Amazon.com award-winning, fully dedicated customer support team, as well as in-app tracking tools. Customers who sign up for Amazon Local Register before October 31 will also receive a low promotional rate of 1.75 percent per card swipe on all major credit and debit cards until January 1, 2016. Additional details are available at localregister.amazon.com.
“From clothing stores to contractors, food trucks to accountants, businesses and organizations using Amazon Local Register will enjoy industry-leading low rates, trusted and secure payment processing, and access to award-winning customer support,” said Matt Swann, Vice President of Amazon Local Commerce. “We understand that every penny and every minute counts, so we want to make accepting payments so easy and inexpensive that it no longer gets in the way of a business owner doing what they love – serving their customers and growing their business.”
Customers can get started with Amazon Local Register in three simple steps: create an account on localregister.amazon.com, purchase a $10 card reader, and download the free mobile app from Amazon Appstore, Apple App Store or Google Play. Starting today, the card reader is available with Free Two-Day Shipping on Amazon.com. Beginning August 19, customers can also purchase a card reader at Staples retail locations nationwide. The Amazon Local Register card reader and free mobile app are compatible with a variety of smartphones and tablets, including Apple devices running iOS7, Kindle Fire tablets, select Android smartphones, and coming soon to the new Fire phone. Each customer’s first $10 in transaction fees will be credited back to the customer’s account once Amazon Local Register is in use – allowing customers to fully recoup the cost of the card reader. Money from transactions can be deposited directly into a bank account within one business day, or spent on Amazon.com within minutes – see the website for more details. Amazon Local Register also provides:
- Exceptional value: Amazon Local Register accepts all major credit and debit cards for a low, flat rate with no hidden fees. Plus, there are no long-term contracts. Customers who register before October 31 will receive a low promotional rate of 1.75 percent per card swipe until January 1, 2016. Customers who sign up after this promotional period will pay a flat rate of 2.5 percent on all swiped transactions.
- Amazon customer support: Access the award-winning, fully dedicated customer support team, available by phone and email. Plus, Kindle Fire HDX owners can take advantage of the Mayday button to connect to an Amazon tech advisor 24 hours a day, 365 days per year – for free.
- Secure and stabilized card reader: A stabilized card reader limits swivel, making it easier to swipe once and go. Plus, each transaction is backed by the same services that securely power Amazon.com purchases.
- Business tracking tools: In-app reporting enables a business to quickly check bottom line performance, sales trends, peak sales times and more. All reporting is easily accessible from a smartphone or tablet and is password-protected.
- Compatible accessories: Shop for compatible accessories including cash drawers, receipt printers, smartphone cases and stands. Find everything needed to build a point-of-sale system including massive selection, available at the best price, all on Amazon.com.
Early users of Amazon Local Register share their experiences:
“Amazon Local Register has simplified, organized and improved efficiency for my business. The feature I am most impressed with is the outstanding customer support I receive any time I have a question or for whatever help I need. The reports are easy to understand and help me figure out how my business is performing.” Erin H, hair & makeup artist
“I’m always looking for ways to reduce my business expenses. Amazon Local Register’s low price means that I can invest more in my business, while still ensuring that I’m accepting customer payments safely and securely.” Kevin L, gallery and event venue owner
“My customers used to always ask if they could pay with a credit card and I always said no, as it always seemed too complicated to set up. It was easy to get started with Amazon Local Register, and taking payments is a breeze. My customers are VERY happy and prefer to pay with their card. Another benefit is that I don’t have to deal with going to the bank to deposit cash and checks.” Jannine H, massage therapist
About Amazon Local Register
Amazon Local Register, a service of Amazon Payments, Inc., is a mobile point-of-sale solution that allows you to accept credit and debit card transactions from a smartphone or tablet. Find more details at localregister.amazon.com.
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