Amazon Coin

Amazon Coin (English: Amazon coin), sometimes called Amazon cash, is an imagined by the U.S. Internet retailer Amazon in February 2013 virtual currency, which tied 1-1 at the U.S. cents and at least initially, to the trading platform is bound by Amazon. To be able to buy it, an account must have been previously established and real money (Euros, U.S. Dollars) will be paid. The credit will not accrue interest, can only be filled at fixed value blocks and not changed back without loss. From each transaction Amazon retains 30% as a fee.

Unlocks the Amazon Coin functionality was first introduced in May 2013, an advertising campaign which aimed at owners of the Amazon Kindle Fire in the United States.

Because of the way this " money " can not be spoken from a true currency ( also not in the sense of Bitcoins ), but it works like the usual gift, credit and prepaid systems.

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