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amazonpayments All good things have to end…

With a hat tip to View from the Wing (via the tastefully-named Dans Deals), it looks like Amazon Payments will be eliminating the ability to send money person to person starting on October 13th.

Amazon Payments was an easy way to manufacture spending – good for a free $1000 each month (per person).  I think the best thing about it was the fact that it was an easy way to explain the concept of manufactured spending to people, as well as a great way for newbies to get started without having to know too much

They have recently updated their terms and conditions (HT: Dans Deals)

“Additionally, we have updated the terms and conditions of our User Agreement (https://payments.amazon.com/help/Personal-Accounts/User-Agreement-Policies/User-Agreement) that apply to your use of the products and services provided by Amazon Payments. Our updated User Agreement revises certain terms (including, among other things, the elimination of person-to-person payments). Our new User Agreement will become effective on October 13, 2014, which is more than 30 days from when we first posted our updated User Agreement. By continuing to use our services after October 13, 2014, you are agreeing to be bound by the terms and conditions of our new User Agreement.”

dollarcoinYou’ll be able to spend your $1000 for September (what? You haven’t done that yet?) as well as October (assuming you do it before the 12th), but that will be it.

Ah well, just like the mint, all good things will end, and creative people will find new ways to meet spending targets.


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