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Amazon Flexible Payments Service

Amazon announced another new service for web developers.. Amazon Flexible Payments Service (FPS). Developers can now add a new payment service to their websites which is far more flexible than even PayPal service.

This service has no setup fees. The pricing is as follows:

For Transactions >= $10:
1.5% + $0.01 for Amazon Payments balance transfers
2.0% + $0.05 for bank account debits
2.9% + $0.30 for credit card

For Transactions < $10:
1.5% + $0.01 for Amazon Payments balance transfers
2.0% + $0.05 for bank account debits
5.0% + $0.05 for credit card

For Amazon Payments balance transfers < $0.05:
20% of the transaction amount, with a minimum fee of $0.0025
Qualified developers can apply for the following monthly volume discounts for credit card transactions:
2.5% + $0.30 per transaction for payment volume from $3K- $10K
2.2% + $0.30 per transaction for payment volume from $10K – $100K
1.9% + $0.30 per transaction for payment volume over $100K

This service blows out my 2CheckOut account which is not flexible at all and cost me around 50$ for setup. It

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