What is PayPhrase? - Definition from WhatIs.com
Part of the Business software glossary:

Amazon’s PayPhrase is an Internet point-of-sale (POS) shortcut that allows Amazon customers to use their Amazon payment and shipping authorization credentials while shopping at third-party partner sites.

The advantages of PayPhrase are that consumers don't have to share credit card information with multiple websites and businesses can leave the complex task of ensuring that customer data remains safe to Amazon. By providing partner businesses and consumers with a mechanism to ensure secure financial transactions, Amazon hopes to compete with eBay’s PayPal and Google Checkout. By making the login a phrase and allowing the consumer to customize their own PayPhrases, Amazon is well positioned to simplify the shopping experience on mobile Internet devices equipped with voice recognition technology.

To use PayPhrase, consumers must create their own customized PayPhrase at Amazon’s website. The phrase needs to have two or more words and can be up to 100 characters in length. Unlike a traditional password, no digits or special characters are allowed. Each PayPhrase is then associated with a four-digit personal identification number (PIN), which is also created by the consumer. Amazon PayPhrase account activity can be controlled through monthly spending limits and monitored online, by email or by text message.

See also: augmented reality, 2D barcode, mobile marketing

Learn more about IT:

The Amazon website has more information about PayPhrase.

This was last updated in November 2009
Posted by: Margaret Rouse

Related Terms

Definitions

  • private cloud (internal cloud or corporate cloud)

    - Private cloud (also called internal cloud) is a marketing term for an enterprise computing architecture that's protected by a firewall. Promotion of the private cloud model is designed to appeal to... (searchCloudComputing.com)

  • enterprise search

    - There are a number of kinds of enterprise search including local installations, hosted versions, and search appliances, sometimes called “search in a box.” Each has relative advantages and disadvan... (WhatIs.com)

  • LinkedIn

    - LinkedIn is a social networking site for the business community. The LinkedIn service allows registered members to establish and document networks of people they know and trust professionally. (WhatIs.com)

Glossaries

  • Business software

    - Terms related to business software, including definitions about billing and words and phrases about supply chain, CRM, POS, ERP, accounting, payroll and inventory.

  • Internet applications

    - This WhatIs.com glossary contains terms related to Internet applications, including definitions about Software as a Service (SaaS) delivery models and words and phrases about web sites, e-commerce ...

Ask a Question About PayPhrasePowered by ITKnowledgeExchange.com

Get answers from your peers on your most technical challenges

Tech TalkComment

Share
Comments

    Results

    Contribute to the conversation

    All fields are required. Comments will appear at the bottom of the article.