Report: Amazon eyeing credit card for small businesses
Amazon is pursuing a new way to connect with business customers.
The online giant is planning to offer a credit card to small-business customers in the United States. The card will make it easier for companies to purchase office supplies from Amazon, from reams of paper to factory parts, according to Bloomberg.
Sources told Bloomberg that Amazon has been in talks with banks, including JPMorgan Chase & Co., about launching a co-branded credit card for small-business owners who shop on its website.
The move coincides with Amazon’s introduction of a Prime membership for businesses. The program, which launched in October, offering fast free delivery of office supplies.
An Amazon spokesman declined to comment, according to the report.
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The online giant is planning to offer a credit card to small-business customers in the United States. The card will make it easier for companies to purchase office supplies from Amazon, from reams of paper to factory parts, according to Bloomberg.
Sources told Bloomberg that Amazon has been in talks with banks, including JPMorgan Chase & Co., about launching a co-branded credit card for small-business owners who shop on its website.
The move coincides with Amazon’s introduction of a Prime membership for businesses. The program, which launched in October, offering fast free delivery of office supplies.
An Amazon spokesman declined to comment, according to the report.
To read more, click here.