News for hackers. Stuff that matters.

A comment on Amazon Hit by Extensive Fraud with Hackers Siphoning Merchant Funds. Parent comment

Re:Amazon Hit by Extensive Fraud with Hackers Siphoning Merc... by mcpherrinm on Friday May 10, 2019 @03:07AM (#19875718)
Loaning money to their merchants allows their merchants to buy more inventory to ship to Amazon to sell. Thus Amazon benefits by making more sales, too.
[ Parent | on HN ]
Re:Amazon Hit by Extensive Fraud with Hackers Siphoning Merc... by pbhjpbhj on Friday May 10, 2019 @05:34AM (#19876318)
It's crazy really, they loan the money they would in the past have to use to buy stock, but they also don't have to pay for warehousing (straight away).

Presumably it helps with inventory management too - like the loanee indicates the inventory they're buying which means Amazon can factor that in.

Then they charge interest ...

However, whilst this sounds good for Amazon, is it more efficient - in economic terms - or does it just reduce Amazon's risks and costs.

[ Parent | on HN ]