According to a filing at the U.S. Patent and Trademark Office, Amazon (AMZN +1.43%) could be gearing up to launch an anonymous mobile payment network. Not only would this move take direct aim at eBay's (EBAY +1.81%) PayPal unit, it could potentially threaten Google (GOOG +2.73%) as well. In this video, Motley Fool contributor Steve Heller weighs in on the filing and what other plans Amazon may have up its sleeve.
Is Amazon Developing a PayPal Competitor?
By Steve Heller – Apr 22, 2013 at 7:00PM
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Covering GE and 3D printing at the intersection of business, investing, and what it means for the future of manufacturing. Contributor since December, 2012.
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