/blog/fintech-product-&-biz/why-amazon-pay-failed

Why Amazon Pay Failed to Dominate

Amazon focused on e-commerce, while Apple focused on the ecosystem. Innovation needs market understanding.

AUTHOR

Fintech Poster

PUBLISHED

10/20/2024

TIME_EST

2 MIN

CATEGORY

Fintech Product & Biz

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Why isn't Amazon Pay like Apple Pay? Amazon focused inside its platform, ignoring the outside.

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Innovation isn't enough without understanding the market.

#FinTech#Payments#Strategy