website statistics
Amazon has announced a new virtual currency of its own, called 'Amazon Coins.' The service will launch in May and will be available only to U.S. customers.

Your Gadget shopping list for Holiday?

View Results

Loading ... Loading ...
1 Star2 Stars3 Stars4 Stars5 Stars (Rate This)

A number of virtual currency systems are already in use around the globe. Amazon has joined that league by announcing its own virtual currency called ‘Amazon Coins.’ At the time of its launch, Amazon Coins will be available only to the U.S. customers and could be used by Kindle Fire users to pay for apps and in-app purchases.

Amazon coins

The e-retail giant seems rather serious about Amazon Coins and has promised that once the service launches in May, it will be handing out tens of millions of dollars worth of Amazon Coins free to the customers. It remains to be seen what kind of incentive the new payment system holds for the developers.

It is possible that customers may be less reluctant in spending their Amazon Coins and that, in turn, may lead to more in-app purchases. Nonetheless, the developers will still get a 70% cut of the total app revenues, regardless of whether the users pay in Amazon Coins or through their credit cards.

Commenting on the new offering, Amazon’s Vice President of Apps and Games, Paul Ryder said, “Developers continue to report higher conversion rates on Amazon compared to other platforms. Now we have another new way to help developers reach even more of our millions of customers. Amazon Coins gives customers an easy way to spend money on developers’ apps on Kindle Fire in the Amazon Appstore—and we’re giving customers tens of millions of dollars in Amazon Coins to get started. Developers who aren’t yet in the Amazon Appstore will want to make sure their apps have been submitted and approved by April 25 so they’re ready for customers to start spending their Amazon Coins.”

Such developers who already have their apps on Amazon’s Appstore need not bother since their apps will be eligible for Amazon Coins by default. Once the service is launched in May, we shall see how it fares with the users.

Source: Amazon

Courtesy: TechCrunch

Buy Cheapest Related Product From

Android 4.2.2 May Launch During This Month Or Next

Google Drive Now Lets Developers Host HTML Websites
You can also press the left/right arrow key on your keyboard to go to previous/next post
  On February 6, 2013(2 years, 9 months ago.)

You May Also Like:

Recent Products

Buy Now | Compare  
Buy Now | Compare  
Buy Now | Compare  
Buy Now | Compare  

What Do You Think?

Loading Facebook Comments ...

FTC Disclosure: Some of the links of this website are "affiliate links." This means if you click on the link and purchase the item, we will receive an affiliate commission.

Recent Search

Recent Tutorials

Now you can set custom ringtones to individual skype contacts on android. It's easy to setup. Take a look.
Now you can install Microsoft's Cortana on Android devices. It's pretty easy to install. Follow the steps below, check the screenshot.
Want to install Android lollipop 5.0.2 on pc? This post is for you. It's pretty easy to install and run. Just take a look.
With our partnership with Mode Media, we just got a jump start. Here is our first story of hand picked curated content on Android Tutorials.
Want to change theme on android ? We will show you how to change theme on android. It will makes your phone looks like new and smart.
You can record your screen on android very easily. No root Required. All you have to need a pc and USB cable. Let's find out.
A simple tutorial on how-to block a phone number on Android device, without an external app. Its pretty easy and straight-forward. Take a look.
Here we will show how to take Screenshot on your Apple Watch.
For too many people, the realization that they need to back up their photos and videos only comes when they misplace or break their smartphones and lose everything. Here we a report on possible solution and best tools.
Not sure if you are aware that your Wi-Fi Router Or Modem could be hacked too. Here we found a quick tips, how to check if your Router or Modem is hacked.
Close You Have To Login
Login With »Login With TwitterLogin With Facebook