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Is Amazon Planning To Accept Bitcoins?

The world’s largest eCommerce platform, Amazon, may soon start accepting Bitcoin payments. Amazon is already hiring a product head to lead its digital currency payments team. 

Amazon’s latest job hiring included a post that read: “The Payments Acceptance & Experience team is seeking an experienced product leader to develop Amazon’s Digital Currency and Blockchain strategy and product roadmap.”

Explaining the role Amazon said: “You will leverage your domain expertise in Blockchain, Distributed Ledger, Central Bank Digital Currencies and Cryptocurrency to develop the case for the capabilities which should be developed, drive the overall vision and product strategy, and gain leadership buy-in and investment for new capabilities.” 

What It Means

Cryptocurrencies have gained immense popularity in recent years. It is not unlikely that eCommerce giants like Amazon are already mulling to support Bitcoin payments. The product development team is tasked to research the options. It becomes even more interesting as Elon Musk is once again considering accepting Bitcoin payments for Tesla’s electric cars in the US. 

As such, if Tesla starts accepting Bitcoin payments, other corporate leaders would not want to be left behind. Amazon’s new hiring and openly disclosing the role, suggests the global eCommerce giant is already gearing up to accept payments in digital currencies. Bitcoin is indeed the top in the race to be accepted as payments on Amazon.

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