Time to create a great PayPhrase

Amazon announced last week a new way to checkout on Amazon along with retailers that offer the Amazon checkout module.  They called it PayPhrase, and we think it is an interesting way to checkout.  This is really going to speed up the checkout process on retail websites.  The basics behind this are below.

First, as we indicated, you can only use Payphrase on a retail site that is already accepting checkout by Amazon.  There are more Retailers doing it so soon you can use this method at all the most popular retailers.  You would need to setup your payphrase on Amazon before you can use it, but it is essentially a set of words that is specific to you and a pin.  You can apparently have multiple payphrases for different addresses and payment methods that you have in your Amazon account.  When checking out at a retailers site, you will need to enter your phrase along with the corresponding pin.  This will then gather your information from Amazon and your checkout will be complete.  You would need to make sure that you  have all your information up to date in Amazon before you checkout or you might not be getting your packages on time.  There will be more information about Payphrase coming soon, but tell us what you think about it and will you use it?

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