Amazon is developing its own 'digital currency' project
Job listings online reveal the company is building a product that will allow customers to “convert their cash into digital currency”
11 February 2021 • 11:42am
Amazon is preparing to launch its own "digital currency" project in emerging markets, according to series of job adverts posted online.
The job listings for Amazon’s “Digital and Emerging Payments” division reveal the company is building a product that will allow customers to “convert their cash into digital currency”, which can be used to buy products on its site.
The post said: “We are building a tech team to build innovative payment products for customers in emerging markets.”