More specifically, Bloomberg is reporting that Amazon is exploring a mobile payment service based on NFC technology, which would let you pay for items and receive things like loyalty points using nothing other than an NFC-equipped cellphone.
Payment services like Google and Amazon take a small cut of the transaction, but they allow customers to skip all the form fields simply by entering a password.
He was previously co-founder and CEO of Accept.com, a consumer-to-consumer payment services company acquired by Amazon in 1999, and Good Technology, a provider of secure mobility solutions, which Motorola bought in 2007.