ADVERTISEMENT

Amazon said to seek office-supply dominance with credit card


Amazon is hoping the new credit card, which will feature rewards points for purchases, will also let it eventually add offerings such as business insurance through a portal designed for its small-business customers, according to one of the people familiar with the matter. — AFP

Amazon is hoping the new credit card, which will feature rewards points for purchases, will also let it eventually add offerings such as business insurance through a portal designed for its small-business customers, according to one of the people familiar with the matter. — AFP

Amazon.com Inc is planning to offer a credit card to US small-business customers, furthering its push to supply companies with everything from reams of paper to factory parts, according to people with knowledge of the matter. 

The e-commerce giant has been in talks with banks including JPMorgan Chase & Co on a co-branded credit card for small-business owners who shop on its website, said the people, who asked not to be named discussing private negotiations. An Amazon spokesman declined to comment. 

   

ADVERTISEMENT