More Payments Challenges to Checking Revenues!

Amazon already offers its users a payment option service which can steal revenue from checking accounts.  Now PYMTS.com announces that Amazon will begin a service this summer that will allow Amazon to offer its customers methods to pay in-store with the Kindle or a cell phone.  This disrupts the revenue, relationship and relevancy of checking accounts as consumers ultimately use checking accounts as the bottom of the settlement pack.

Fight back with the strategies we show in A Payments Approach to Checking Revenue.