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Could this month get any better for Amazon? -It's December -Mastercard.com and Paypal.com went down making Amazon one of the few on-line shops that could stil

by tybris 16y ago

Could this month get any better for Amazon? -It's December -Mastercard.com and Paypal.com went down making Amazon one of the few on-line shops that could still process payments -Since no Amazon service went down under DDoS, big companies will come crawling to them to use AWS -SimpleCDN goes down, no doubt driving lots of customers to bigger parties like AWS -They are making boat loads of money http://www.wolframalpha.com/input/?i=AMZN+vs+GS+vs+GOOG http://www.wolframalpha.com/input/?i=AMZN+vs+GS+vs+GOOG Boycott? Pfff. I predict record revenues.

mdaniel 16y ago
Does mastercard.com process payments? I got the impression that it was just the marketing/corporate presence that was affected.
- tybris 16y ago
  Securecode was affected as well, which is the payment portal you need to go through for many on-line shops.
  - dannyb 16y ago
    I guess it didn't affect everyone since I was able to use it on the day in question to make a Ticketmaster purchase on 12/8.
  - skorgu 16y ago
    Securecode is theoretically optional in most cases, transactions that go through it generally cost less than non-securecode ones but it shouldn't stop all transaction processing in most cases.
jonknee 16y ago
"... making Amazon one of the few on-line shops that could still process payments" is a huge overstatement. Mastercard.com and Visa.com being down has no material effect on almost all eCommerce (I don't remember the last time I had visited either). PayPal does, but that affects Amazon as well since they accept PayPal at places like Zappos and Diapers.com.
- citricsquid 16y ago
  both visa and mastercard had their payment processing servers down along with their websites.
  - jonknee 16y ago
    Well I was able to process payments just fine for both during the DDOS...
    - citricsquid 16y ago
      oh really? I spoke to someone who was unable to process payments and I saw a lot of people reporting it. Maybe it was isolated due to location? The people reporting it I saw were in the UK.
      - PostOnce 16y ago
        Hearsay, but I read it was a Mastercard problem limited specifically to the UK.
      - ErrantX 16y ago
        It was a relatively isolated problem in some parts of the UK I think (I was able to buy stuff during the supposed outage over here).
    - enjo 16y ago
      I'll vouch for that. We had no issues at all. Ran a lot of transactions throughout the period as well.
deleted 16y ago
[deleted]
brown9-2 16y ago
"They are making boat loads of money http://www.wolframalpha.com/input/?i=AMZN+vs+GS+vs+GOOG http://www.wolframalpha.com/input/?i=AMZN+vs+GS+vs+GOOG " I'm not sure what the point of comparing Amazon to Goldman and Google, as the latter two are way more profitable than Amazon is. Is the comparison to show that they're in the same league as these two companies, or are you just looking at the stock price alone?
- tybris 16y ago
  Mostly revenue / employee, stock price. Bezos' lack of interest in profit is well-known, e.g. http://www.businessweek.com/magazine/content/06_46/b4009001.htm http://www.businessweek.com/magazine/content/06_46/b4009001.... (2006).

by tybris 16y ago

mdaniel 16y ago

Does mastercard.com process payments? I got the impression that it was just the marketing/corporate presence that was affected.

tybris 16y ago
Securecode was affected as well, which is the payment portal you need to go through for many on-line shops.
- dannyb 16y ago
  I guess it didn't affect everyone since I was able to use it on the day in question to make a Ticketmaster purchase on 12/8.
- skorgu 16y ago
  Securecode is theoretically optional in most cases, transactions that go through it generally cost less than non-securecode ones but it shouldn't stop all transaction processing in most cases.

jonknee 16y ago

"... making Amazon one of the few on-line shops that could still process payments" is a huge overstatement. Mastercard.com and Visa.com being down has no material effect on almost all eCommerce (I don't remember the last time I had visited either). PayPal does, but that affects Amazon as well since they accept PayPal at places like Zappos and Diapers.com.

citricsquid 16y ago
both visa and mastercard had their payment processing servers down along with their websites.
- jonknee 16y ago
  Well I was able to process payments just fine for both during the DDOS...
  - citricsquid 16y ago
    oh really? I spoke to someone who was unable to process payments and I saw a lot of people reporting it. Maybe it was isolated due to location? The people reporting it I saw were in the UK.
    - PostOnce 16y ago
      Hearsay, but I read it was a Mastercard problem limited specifically to the UK.
    - ErrantX 16y ago
      It was a relatively isolated problem in some parts of the UK I think (I was able to buy stuff during the supposed outage over here).
  - enjo 16y ago
    I'll vouch for that. We had no issues at all. Ran a lot of transactions throughout the period as well.

deleted 16y ago

[deleted]

brown9-2 16y ago

"They are making boat loads of money http://www.wolframalpha.com/input/?i=AMZN+vs+GS+vs+GOOG http://www.wolframalpha.com/input/?i=AMZN+vs+GS+vs+GOOG " I'm not sure what the point of comparing Amazon to Goldman and Google, as the latter two are way more profitable than Amazon is. Is the comparison to show that they're in the same league as these two companies, or are you just looking at the stock price alone?

tybris 16y ago
Mostly revenue / employee, stock price. Bezos' lack of interest in profit is well-known, e.g. http://www.businessweek.com/magazine/content/06_46/b4009001.htm http://www.businessweek.com/magazine/content/06_46/b4009001.... (2006).