Amazon introduces PayPhrase payment shortcut -- InformationWeek

In an effort to simplify e-commerce and increase the appeal of its online payment platform to merchants, Amazon (NSDQ: AMZN) Payments, a subsidiary of Amazon.com, on Thursday announced the availability of PayPhrase, a way for online shoppers to authorize purchases without entering a username and password.

PayPhrase lets online shoppers complete the online checkout process using their Amazon preferred payment and shipping settings without sharing payment information across multiple Web sites...