The WSJ says Amazon envisions having the terminal located in stores where people often frequent for repeat purchases, like coffee shops, fast-food joints, and grocery stores. I know—Amazon doesn’t own coffee shops or fast-food restaurants (they do own Whole Foods), so what benefit would Amazon get out of having their hand payment readers in third-party stores and retailers? Customer data about where, how often, and what people shop for, which Amazon would then use to better target those customers with ads for products they buy on the company’s website. … [Read more...] about Amazon wants you to use your hand to pay for things at third-party retailers
