Amazon in new deal with convenience store giant

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Amazon in new deal with convenience store giant

By Marianne Wilson - 11/06/2017
Amazon has expanded its service that makes it easier for consumers without credit cards (or who prefer to use cash) shop its site.

The online giant has expanded Amazon Cash to nearly 8,000 7-Eleven stores. It's a big rollout of the service, which launched in April and is currently available at CVS, GameStop, and a few supermarket chains and convenience stores.

To load money into their Amazon account, customers present their personalized Amazon barcode to a 7-Eleven cashier along with the money they want to load. The amount will immediately appear in the customer's online Amazon account and be available for use. Between $15 and $500 can be loaded in a single transaction, with no fees charged.

"7-Eleven constantly updates and introduces new forms of payments to respond to continued shifts in customer preferences, life styles, and adoption of new technologies," said Tony Stapleton, 7-Eleven senior product director.

The new arrangement marks an extension of Amazon's relationship with 7-Eleven. Five years ago, the convenience store retailer started installing Amazon Lockers at select locations in Seattle and Manhattan for package deliveries. The lockers are now available in select stores in more than 300 cities. 7-Eleven also carries Amazon prepaid gift cards.