Amazon unlikely to introduce crypto payments, says chief exec

The chief executive of Amazon has said that the company is unlikely to introduce cryptocurrency payments.

“We’re not probably close to adding crypto as a payment mechanism in our retail business, but I do believe over time that you’ll see crypto become bigger,” Andy Jassy told CNBC in an interview.

The Amazon CEO, who said he is optimistic about cryptocurrencies but doesn’t own bitcoin himself, did say that he could see a possibility for the company to sell NFTs.

“I think it’s possible down the road on the platform,” he said to the news organisation.

According to CNBC, Amazon has shown interest in cryptocurrency in the past. Last year, it reported, the e-commerce giant was exploring adding a digital currency and blockchain expert to its payments team.

    Share Story:

Recent Stories


From CapEx to AI: Understanding the evolving cost structure of retail technology
This Retail Systems webinar, sponsored by Aptos, brings together leading voices from across the retail technology ecosystem to examine how modern PoS has transformed the cost ownership model – and how the emergence of agentic commerce is poised to rewrite the rules once again.

Beyond Channels: Redefining retail with Unified Commerce
This Retail Systems fireside chat with Nikki Baird, Vice President, Strategy & Product at Aptos will explore how unified commerce strategies enable retailers to tear down these barriers and unlock new levels of operational agility and customer satisfaction.

Advertisement