I came across an interesting article today on TechFlash where the reporter has noticed that Amazon is seeking to trademark the therm ‘Unpay’. He speculates that it’s a refund feature, but I don’t know that seems like a stretch. Why would you trademark the term you use for refunds.
Over on eBay Strategies, we have a couple of Paypal news items in the payment world. One area Paypal is really spending some effort on is mobile. So my guess is this is a new mobile payment system coming from Amazon.
According to the whois database, unpay.com is registered to a Tom Adler under private registration at network solutions. I checked and don’t see any Tom Adler’s working at Amazon.
What do you think? Let us know in comments.
SeekingAlpha disclosure – I am long Amazon and Google. eBay is an investor in ChannelAdvisor.