Amazon's newest program called Amazon Synch is a credit and debit card for business. In essence, you can take your Amazon purchases with you wherever you go. You will not have to keep track of your purchases or store credit card numbers. Simply enter the card information and you will be able to make purchases from anywhere, even at the local grocery store.
Amazon says that this card will enable more merchants to accept credit cards at their stores. So the merchant will benefit by taking advantage of the opportunity to increase sales, but also the consumer.
One of the biggest perks of the Amazon card is that it comes with a 30 day money back guarantee if you are not completely satisfied. If you decide to cancel your account, you will be able to receive a refund minus the purchase amount. This card is not offered in all states, but is available everywhere.
The Amazon program allows you to use your business Visa or Mastercard as your merchant account. This will allow you to accept payments using the funds stored in your account instead of having to cash out your earnings immediately after making the transaction.
Because of the many benefits of this Amazon card, more merchants are jumping on the bandwagon and adding it to their existing merchant accounts. Even some of the major businesses such as Wal-Mart and Target are offering Amazon cards as an option to their current clients.
The Amazon card is not just for business, though. You can take this card on vacation, too. You can pay for things at the hotel and use your credit card there, which is a great convenience.} Amazon says that this program is only available in the United States, Canada, and the United Kingdom. Some retailers in other countries may also offer a card, but it is not yet available in these locations. Amazon is taking a risk in the process, because they may not be able to get the customer base they are looking for if people do not accept the card while they travel abroad.
This program is also beneficial to business owners who do not want to carry large amounts of cash. The card can be used to pay for items at the checkout. or they can be used to purchase drinks at the store and have the bill automatically debited from the merchant account.
If you are wondering whether or not the Amazon Synch will work for you, just ask. Amazon offers an online chat service where they will be happy to answer your questions. and guide you through the process. This program could be the answer for your business.