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Amazon Expands Micropayment System to Android

Amazon announced it will now support its virtual currency on Google Android mobile devices in the US, UK, and Germany. Amazon Coins are a virtual currency introduced by the company in 2013, originally intended for Kindle Fire tablet users to make micropurchases, including applications. Each coin is now worth a penny. The company is reportedly working toward establishing “an end-to-end ecosystem” for developers. Some observers are skeptical about Amazon billing it as a virtual currency since it is linked to a user, unlike Bitcoin, which is anonymous. (SlashDot – 1)(SlashDot – 2)(Tech Crunch)(Amazon.com)

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