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KDP Print Enters Public Beta

Historically speaking Amazon has had two distribution platforms, Createspace (for POD paper books) and Kindle (for ebooks), but starting last summer Amazon has been beta-testing a combined platform called KDP Print.

The closed beta was limited to only KDP users who had been invited, but today Amazon told KDP users that the beta test is now open to all.

It can be accessed from the KDP admin pages, and yes you can create a print edition for a new title or a previously published ebook.

I just got the email from Amazon:

Publishing a paperback can help you reach new readers. KDP prints your book on demand and subtracts your printing costs from your royalties, so you don’t have to pay any costs upfront or carry any inventory. You can use the KDP website in English, Spanish, German, French, Italian, Portuguese or Dutch. KDP automatically updates your title metadata based on information (book description, categories, keywords) you’ve already provided when setting up your eBook and vice versa. It also enables you to receive consolidated royalty payments for paperback and eBook sales. You can view combined reports and manage your print and eBook publishing from one website.

Benefits of publishing paperbacks with KDP include:

• Reach paperback readers through Amazon websites in the US, Europe (amazon.co.uk, amazon.de, amazon.fr, amazon.es, amazon.it), and Japan (amazon.co.jp)
• Earn up to 60% royalties on the list price you set, minus printing costs.

We’ll add more print features in the future, including the ability to order proofs and author (wholesale) copies at cost, and expanded distribution to bookstores.

Learn more about using the beta to publish paperbacks on KDP.

According to user reports, KDP Print doesn’t offer as many options as Createspace. I have been told that KDP Print doesn’t have color print options, and does not offer proof copies or expanded distribution.

So anyone who already has books in Createspace should probably leave them there.

But if you are a small publisher who has ebooks in the Kindle Store and no print edition, KDP Print is a way to add a print edition with minimal effort.

Why Audiobooks Are the Digital Book Format With the Most Growth Potential

The book publishing industry is prone to fads and obsessions. If it’s not Pottermore and direct sales (2012), it’s hybrid authors (2013), or book bundling, or subscription ebook services (2014), or coloring books (2015).

Many of these fads have come to naught, but the latest obsession – audiobooks – could prove to be the next explosively popular digital book format.

I know a lot of people have been saying that over the past year, but the data actually backs up the hype.

I was inspired to look into the topic when I read Joe Wikert’s piece on audiobooks this weekend. As is his usual, Wikert offered no data to back up his assertions, but after I started digging into the topic, two glaring facts stood out.

  • The first is that audiobook market is small, but consistently growing year over year, and
  • The second is that audiobooks don’t really cost a lot to produce.

Let’s take those in order.

According to Publishers Lunch, AAP members earned $205.6 million in revenue from digital audiobooks in 2015 (the last year where we have complete data). This was up significantly from $148 million in revenue in 2014.

That’s not the size of the market, of course, but instead is merely what 1,200 publishers are earning from their share of audiobook retail sales.

That $205.6 million is a relatively small number compared to the $1.4 billion those same publishers earned from ebooks in 2015, but the audiobook segment has also been consistently growing over the past few years, and the general consensus is that unless people run out of hours in the day there is no reason to expect the market to stop growing.

So what does it cost to tap into the next boom market?

Prices vary between production companies, and according to Quill & Quire they run anywhere from free (with royalties shared between narrator and author/publisher) up to around $20,000 – in Canada, where audiobook producers are as rare as hen’s teeth.

At the low end there is ACX, which has an option for no upfront cost so long as the royalties are divided between the narrator and the author/publisher. This is only open to American (edit: and British) authors and publishers, alas.

Fortunately, ACX is not the only option; there are many audiobook production companies, and you can find price quotes from a number of audiobook producers with a simple search.

For example, in 2015 Marshall Davis estimated that his services cost around $1900 for an 80,000-word book, and Premium Audio quotes their fee as "£40 per thousand words", or about £3200 (nearly $4000) for that 80,000-word book.

That fee looks like a lot but let’s not forget that the combined costs for the print and digital editions of a book could easily exceed $4000. Between developmental editing, cover design, formatting, and copyediting, a publisher or author could easily spend $10,000 (and it might be worth every penny).

While that $4,000 may be giving you sticker shock, it should be viewed as a one-time capital investment in a growing market.

And that leads to the question authors and publishers need to ask themselves: Is it worth the expense?

That will have to be answered on a case by case basis, and while you are pondering it, here is another point to consider:

How much should you charge for that audiobook?

Audiobooks cost about the same to produce as the ebook/print book, and yet they frequently sell for twice of three times the hardback price.

What might happen if a title’s audio edition was priced at or below the price of the print or Kindle editions? Wouldn’t that boost sales, and thus make the $4,000 a better investment?

Edit: As a reader pointed out, audiobooks sold through Audible are priced by Amazon, not the creators (thanks, mackay!). So the latter question is moot, but it raises another one: why does Amazon set audiobook retail prices so high? Wouldn’t it be better to price audiobooks in line with ebooks?

image by ActuaLitté

Edge Web Browser Reads eBooks Aloud in Latest Windows 10 Build

Microsoft has suddenly developed an acute interest in ebooks.

First they added support for epub ebooks to its Edge browser, and then they teased an ebookstore, and now eWeek reports that MS has added text to speech.

Microsoft Edge is gaining the ability to read e-books aloud in the upcoming Windows 10 Creators Update. Now, members of the Windows Insider early-access and feedback program can see, or rather listen to it, for themselves.

The company this week released Build 15025 for Windows 10 Mobile to insiders. Building on the new e-book functionality in the Edge browser, users can now go audible to consume literary content.

According to Microsoft’s announcement: "Just press the 'read aloud' button at the top-right corner after opening one of your e-books and listen to Microsoft Edge read you the book with focus on the line and the word being read along. This feature is also extended to all non-store EPUB files opened using Microsoft Edge."

The Edge browser onWindows 10 Mobile also gained Epub support in a recent update. It was introduced in build 14977, and currently supports only DRM-free Epub.

Has Amazon Ended Support for Older Kindle Models?

Don’t look now, but it seems Amazon has quietly ended support for its oldest Kindle models.

Numerous Kindle owners are reporting on Mobileread that their old-model Kindles can no longer connect to Amazon’s servers over 3G, and in several cases can’t be registered with Amazon.

The Kindles in question include the Kindle DX, the original Kindle, and the Kindle 2. All were updated with the latest official software, including last year’s security update, and yet they can’t download ebooks from the Kindle Store.

As one owner put it:

Now that I’ve performed a factory reset on my K2, I’m experiencing the same problem. I’ve got software v2.5.8 and the Kindle Services update installed and 5 bars of coverage that allows me to browse the Kindle Store, but the device refuses to register ("Unable to connect at this time").

A Kindle DX owner reported that they could not connect to the Kindle Store, and then could not register their DX after a factory reset.

Edit: It’s also worth noting that several Kindle owners on Amazon’s support forums are calling BS on this post because they can still download ebooks to their older Kindles. (Thanks, Albert!)

Edit: And a reader has left a comment reporting that his original Kindle went through the same cycle as the Kindle DX mentioned above. (Thanks, Tom!)

Amazon has not confirmed that they’ve stopped supporting the older Kindles; instead, Kindle CS suggested that the devices "may be too old to connect to our network" and pushed owners to buy a newer Kindle as a replacement.

At least one Kindle owner wasn’t going to take this lying down, and he sent an email to Jeff Bezos.

Here’s the response from Amazon’s executive customer service:

As mentioned, hardware updates exist for a very genuine reason. When a new device is developed, it goes through rigorous tests and quality checks. The final version of the device is released to public only when the vendor is fully satisfied with the product’s functionality and stability. When the devices are used by customers in a real-time environment, they may come across several areas of improvement and same gets reported back to the developers. Sometimes latest versions of applications will need new processes and tools to work properly, which the developers constantly include with the new software updates. However, in the occasion that the software is not enough , the needs of the apps are going to overdrive the capacity of the product, causing the malfunction of the it. To address those issues, the developers try to support those devices as much as possible until the customer needs are major than the device capabilities, then a new device with better qualities will be lunch so that users can have a convenient and well supported interface with the product.

Douglas, I’m sorry for any disappointment caused and appreciate your understanding. While we won’t be able to comment further on this matter, we’re always happy to help if you have any other questions – you can click a button to contact us by e-mail or phone from any Help page on our website.

I learned two things from this statement. The first is that Amazon’s executive customer service is staffed by engineers (read it again and you’ll see what I mean).

This statement also indirectly confirms that Amazon is no longer supporting the older models, even though it doesn’t want to come out and say so.

While it is understandable that Amazon doesn’t want to support the nine-year-old original Kindle or the Kindle DX, which launched in May 2009, Amazon still owes its customers an honest explanation.

The hardware still works (obviously), so if Amazon no longer wants to support the older devices on its platform then it should say so. This underhanded and secretive termination won’t cut it.

Amazon was contacted for a statement on this story but has not responded.

Amazon has replied with a statement which doesn’t match with their actions: "No we haven’t ended support.  Our Customer Service team is working directly with this customer to troubleshoot."

O O O

Fortunately for Kindle owners, they can still use their device in spite of Amazon. So long as a device is registered, it can still read ebooks bought in the Kindle store.

Owners of older Kindles can use their PC to download ebooks from the Amazon website, and then transfer those ebooks to the older Kindle.  this is not an ideal solution but it does work.

thanks, Darryl, for the tip!

image by Paul Jerry

 

Samhain Publishing to Close on 28 February 2017

Romance publisher Samhain Publishing has just told its customers that it is shutting down at the end of the month.

Greetings, Samhain Readers.

It’s with a heavy heart that we announce Samhain Publishing will be closing at the end of February. Due to the declining sales we’ve been experiencing with this changing market we’ve come to the sad conclusion it’s time to call it a day.

The last of our new titles launch February 21st; I hope you will check them out and support them as you have so many other Samhain titles through the years."

Our site will go dark at the end of the day, February 28th. Please take a few moments and visit, buy what you might have been planning on getting someday in the future, but download and back up your bookshelf because you won’t have access to it after February 28th.

Thank you for all your support through the eleven years we’ve been open. It’s been a pleasure to bring to market new voices in publishing and new works from familiar authors. From start to finish, we’ve always kept what the reader wants in mind and hope you enjoyed what we had to offer.

If you bought ebooks from them, you will have just over two weeks to download your purchases and strip the DRM.

That is really not enough time for a long-time customer to download their entire library, but at least it is better than the 3-day warning that All Romance eBooks gave to its customers before shutting down in late December.

image by Ben Husmann

Pronoun One-Ups CreateSpace, Now Lets Authors Control Their ISBNs

When it comes to recruiting authors away from the competition by offering competitive terms, ebook distributor Pronoun doesn’t think small.

 

Last month it increased its income split from a generous 100% of net to 70% of retail (including when Amazon is only paying 35%), and now Pronoun is offering a feature that not even Createspace currently matches.

Both CreateSpace and Pronoun will give authors free ISBNs to use on their books, but only Pronoun will let authors set the publisher tag:

Have your own imprint? Work with a small press? Control what name appears as publisher on retailers and inside your books by filling out the new “Set Custom Publisher” field on Pronoun, located in the ISBN section of your book’s details.

While there is still some disagreement over whether authors need to use an ISBNs, being able to get a free and unique ISBN is still going to be worth a lot.

Pronoun is not the only distributor that gives clients free ISBNs; both Smashwords and CreatSpace offer them, but both of those companies also list themselves as the publisher of any book which uses their free ISBNs.

This might not sound like a big deal, but appearances matter. It looks more professional to list a book under a publisher’s imprint rather than under "CreateSpace" or "Smashwords", or even the author’s name (and that is why authors set up their own publishing imprints).

Pronoun is taking on a huge expense by letting authors list their own publisher of choice, but they are fortunate in that they have a corporate parent, Macmillan, which is willing to burn money on their digital startup.

How long will that last, do you think?

Apple Doesn’t Love iBooks

Every so often a pundit makes the prediction that _this_ will be the year that Apple gets interested in iBooks (and, for example, launch iBooks apps for Android), but as but as Daniel Steinberg pointed out yesterday it is clear from Apple’s indifference to iBooks that they do not care about ebooks.

I’ve joked that if Eddie Cue loved reading the way he clearly loves music, then iBooks, the iBookstore, and iBooks Author would be amazing. Not only aren’t they amazing, they aren’t even good.

It’s like they’ve assigned a committed carnivore to design the meals and cook for Vegans. You need someone who loves and understands vegetables and shares the commitment to not using meat or meat products.

How do you find someone who loves books and reading?

Don’t worry, they’ll tell you.

Steinberg starts with laying out how iBooks Author could have become a focal point for ebook production, that "iBooks Author could have been a trojan horse into the personal publishing business" had Apple made it easy for users to push to Amazon as well as iBooks.

He does have a point; easy uploading would have given iBooks Author an advantage over competing apps like Scrivener and Oxygen. (Then again, when was the last time Apple made apps which played well with Apple’s competition?)

In any case, before Apple can care about being compatible with competing services, they would first have to care about user experience.

As has been pointed out before, Apple has an obsession with making sure rules are followed in iBooks:

Yesterday, I uploaded my latest version of my book to Gum Road and to iBooks. Within minutes I was getting email notifications of sales of my book on Gum Road.

An hour later my book was approved for sale on iBooks. This is remarkably quick. It used to take days. I looked online and my book wasn’t on the iBookstore yet. Also, my name was still listed incorrectly.

Sigh.

In the tool for uploading your book to the iBookstore, the prompt for the author’s name reads "Last Name, First Name". So I entered it that way. So my book appeared on the store as written by "Steinberg, Daniel H" and was not connected in any way to any of my other books. It turns out it’s been like that for months – I just found out about it.

I called customer support and opened a ticket. The person was as nice as can be and said they couldn’t change it but I could upload a new version of the book with my name corrected and then they could fix it.

So I called customer support yesterday after I uploaded the new version of my book to check that the name was fixed.

Derrick told me that it probably was but I couldn’t be sure until the book appeared on the store.

But, I told him, iTunesConnect says my book’s been approved – can’t he check.

Well, he said, it has been approved but it might not appear on the store for a day and I should check back.

As I found out later when the puzzled emails started to pour in to my Inbox, my book hadn’t been approved. In fact, the existing book was pulled from the store for violating Apple policy. The version that had been for sale on the store for two months incorrectly used the word "iBook" as in "When I released this iBook." Apple wants you to refer to it as a book. Using the word "iBook" in this context violates Apple policy and they had removed my book.

Then they went home.

I fixed the problem within minutes and uploaded it.

Apple rejected my upload. The version number wasn’t larger than the version number of the current book for sale on the store.

But they had rejected version 0.3 so it wasn’t for sale on the store. This was a correction that would be updating version 0.2.

No. Because they approved it before they rejected it my version had to be incremented.

So I incremented it and uploaded it.

I’m hoping that when they get into work this morning, they’ll check that I fixed what I needed to fix and they’ll sell my book again under my actual name.

We’ll see.

While Apple doesn’t have to remove that stick from their ass, it would be a good first step. They could then use the excess energy to improve how the iBooks unit functions, and then develop better software.

No, I take that back.

Do you know the one thing Apple would do first if they really cared about ebooks?

This move is so obvious that the only reason Daniel didn’t think of it was that it goes against everything Apple stands for, but if Apple really cared about ebooks, if Apple really cared about its customers, then –

It would let its competitors sell ebooks in their apps for iOS.

Apple has blocked this feature since early 2011, even though it hurt the very folks who pay Apple for its hardware. (Furthermore, for a long time there Apple wouldn’t even let content apps link to their websites – not even the help pages.)

Edit: A reader called me on my language. It would be more correct to say that Apple won’t let anyone sell content inside an iOS app without paying Apple its 30% vig. That point really doesn’t matter because Amazon can’t afford the vig, and the point remains that if Apple cared about users then they would stop demanding the vig.

Apple clearly cares far more about making sure rules are followed than they care about users on either the supply side or the consumer side, and until that changes (or until someone senior at Apple cares enough to change the rules) iBooks will continue to be a frustrating experience.

Draft2Digital Drops Minimum Payment for PayPal & US Direct Deposits

eBook distributor Draft2Digital sent its clients an email this morning with the news that it now offers automatic monthly royalty payments:

We are excited and proud to announce that there will no longer be a minimum payment threshold for PayPal or US Direct Deposit payments from Draft2Digital!

This means that if you are using either of these payment methods, you will receive any funds due to you on the very next payment period, each month.

Like many distributors, D2D had previously set a minimum threshold for royalty payments, and that meant that authors with less popular books may go months, or even a year or more, without getting paid.

That policy might not have made authors happy but it did reduce costs. Fortunately, it is less common than it used to be. Amazon, for example, dropped the minimum payout requirement from KDP in December 2013 and now pays authors by EFT on a monthly basis.

Coincidentally, have you considered what distributors are saying when they change payment terms like this? Or when Pronoun increased its royalty rate from 100% net to "burn, money, burn"?

D2D and Pronoun are competing fiercely for authors' business, and that tells us that they don’t think this segment of the industry is growing anymore. D2D and Pronoun are trying to recruit authors away from competitors

D2D and Pronoun are trying to recruit authors away from competitors by offering better terms because they don’t think new authors are entering the industry at the same rate as before.

Do you think they’re right?

image by aronbaker2

Google is Now Selling Snack-Sized eBooks in India

Hot on the heels of news that Radish had launched a reading service for bite-sized content comes a new report that Google is now selling micro-ebooks in India.

There’s no public announcement, and you can’t actually see the sale of you are outside of India, but Amar Vyas reports on FB that Google is selling ten- to fifteen-page booklets for 5 to fifteen rupees (INR), or between 7 and 22 cents USD. The ebooks are mostly written by A-list authors, and are written in a number of languages, including English and Hindi.

It is not clear how many titles are available, or if this is  a permanent part of Google Play Books. But from the description, this sounds more like Kindle Singles than like Radish or its competitors.

Launched in 2012, Kindle Singles is focused on selling long essays and short-short fiction, rather than serving up stories piecemeal.

It is the one most successful program largely due to who owns it; do you think Google will be able to compete?

 

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Baker & Taylor Launches Library eBook App for Your Web Browser

Baker & Taylor’s Axis 360 platform is one of the lesser known library ebook providers. Launched in 2011, it originally supplied ebooks in Blio format before giving up and offering Epub ebooks which could be read in the Axis 360 apps for Android or iOS, or on a compatible ereader.

Now those ebooks can also be read in your web browser. On Tuesday Baker & Taylor announced (PDF) the release of a web reading app:

With the Axis 360 Browser Reader, public and school libraries can utilize web-access terminals as ebook reading stations so library patrons do not need to bring their own devices to read ebooks at the library. Patrons will be able to read on a personal laptop or computer, instantly, or store ebooks for later using the offline access functionality.

Additionally, the browser reader comprises enhanced reading and annotation features, including a font and contrast control, reference lookups through Google, Wikipedia and the American Heritage Dictionary online, text highlighting, bookmarking and note-taking.

The Browser Reader has yet to be integrated with the existing apps. So if a reader starts a book in the Axis 360 iOS app, they cannot continue it in the Browser Reader.

While it is good to see Follett continue to invest in this platform after acquiring B&T in April 2016, Axis 360 still has a ways to go to catch up with OverDrive.

 

Radish Raises $3 Million, Serves Up Bite-Sized Fiction

Move over Crave, Bound, Rooster, Hooked, Wattpad, and the kid-focused Amazon Rapids; today there is a yet another startup offering bite-sized fiction.

Techcrunch reports that Radish has raised $3 million to implement basically the same two-decade-old idea used by the startups mentioned above:

Radish is officially launching its mobile apps for reading bite-sized chunks of serialized fiction — and it’s announcing that it has raised $3 million in seed funding.

…

But then, Radish co-founder and CEO Seung-yoon Lee isn’t claiming he invented the concept — he told me he was actually inspired by the popularity of serialized fiction on mobile devices in Asia, and he predicted that novels will see the same shift to cliffhangers and serialization that we’re already seeing in TV. (Meanwhile, in the publishing world, e-book sales are declining, while print seems to be rebounding.)

The model hasn’t taken off yet in the United States. Among fiction-related startups, Wattpad has had the biggest success, but it’s more focused on monetizing through TV and movie deals, as well as sponsored content, rather than having readers pay authors directly.

On Radish, on the other hand, readers buy coins, which can then be spent on the stories they’re following. (The exact price varies depending on how many coins you buy, but it can be less than 50 cents costs about 12 cents per coin.) For each story, you get the initial chapters for free, then need to pay three coins for early access to subsequent installments, with the revenue split 50-50 between Radish and the author.

Radish has been in beta testing for the past year, and Lee said the leading author on the platform is already making $13,000 per month. (He declined to identify the author, but said they’re writing “a historical romance serial set in the Victorian age.”)

If you had asked me when Hooked launched a little over a year ago, I would have told you that this idea would not attract enough paying customers to be commercially viable. That opinion was reinforced by the demise of Shelfie yesterday.

Nevertheless, bite-sized fiction has drawn support from Amazon, publishers, and venture capitalists; do they see something I don’t, or are they gambling on a long shot?

Either way, may the best startup win.

 

 

Shelfie to Shutdown on 31 January – Download Your eBooks NOW

If you got ebooks or audiobooks through Shelfie’s print-digital bundling service, you should download them right away and transfer them to another app.

Shelfie has announced, both on its site and in an email to users, that it is turning off its servers.

We regret to inform you that Shelfie will be ceasing operations on January 31, 2017. What this means for Shelfie users:

  • Our servers will be shutting down on January 31. You can re-download any DRM-free books between now and then.
  • You no longer have access to DRM (.acsm) books.
  • Your app will cease to function in a meaningful way on January 31.

We started Shelfie with the idea of connecting books and readers and we have worked hard over the past four years to make that a reality. We are grateful for the support we have received from amazing readers like you, who have been a part of Shelfie.

Keep reading,
The Shelfie Team

The email went out around 7pm eastern time on 30 January, meaning that users will barely have a day to rescue their purchases.

Launched in 2013, Shelfie (or as it was known then, Bitlit) was based on a simple idea. Download its app, take a photo of the print books on your shelves, and it would tell you which titles had matching ebooks you could download for free or at a low cost.

Amazon has a similar service called Kindle Matchbook, which also launched in 2013. And technical publisher O’Reilly has offered a similar bundle option for years, albeit only for titles sold through its website.

Shelfie was unique in that it was built to be platform independent and work with any participating  publisher. Shelfie offered both DRM-free and DRMed ebooks, and in 2015 it added audiobooks.

Shelfie signed over a hundred publishers to offer their titles through its platform, and it also worked with indie bookstores. Participating bookstores found that they could almost double their sales by promoting a book as having an optional bundle through Shelfie.

There’s no public mention of why the service is closing, but Shelfie founder Peter Hudson told me by email that "In the end the unit economics of ebook sales just don’t make much sense if you don’t own the platform like Apple, Google, or Amazon."

Basically, Shelfie died for the same reason Entitle died, or why Readmill sold out to Dropbox. They simply could not sustain themselves on the crumbs left by the major ebook platforms.

When asked whether he had plans to revive the platform later, or sell off the tech, Peter told me that "We’ll see where the tech ends up. It’s pretty cool and we still own all the patents. We’ve had a few people express interest."

Thanks, Brad, for the tip!

eBook Bundle Service Elly’s Choice Goes International, Rebrands as Book Choice

When it launched in August 2014 Elly’s Choice offered Dutch readers a monthly bundle of ebooks for a flat fee. They got ten Epub ebooks each month at a cost of 3 euros per month, and could read them in any app or device.

That’s a great deal compared to other bundle services like StoryBundle or Baen Books’s monthly bundle, but the downside was that Elly’s Choice was only available in the Netherlands and the ebooks were all in Dutch.

Starting next month, that is going to change.

Elly’s Choice sent out an email today with the news of how the service is going to change. Starting on 1 February, the monthly bundles will include eight titles and will be available both as ebooks and audiobooks.

The name will be changing to Book Choice, and the service will soon be offering titles in six European languages (English, German, French, Spanish, Portuguese, and Dutch).

Soon everyone will be able to sign up for Book Choice, and I can’t wait. Eight books for $4.27 is a great deal, so much so that it’s worth the gamble that I won’t like all the titles.

Do you plan yo sign up?

Thanks, Huub!

You Might Soon Buy Kindle eBooks With Your Paypal Account

Amazon is reportedly in talks with Paypal to integrate their payment platforms so that Amazon customers will be able to pay using their existing Paypal accounts.

From Bloomberg:

Amazon and PayPal have discussed letting shoppers pay for Amazon purchases using their PayPal accounts, highlighting how the digital payments company can attract new partners since its 2015 split from Amazon rival EBay.

“We have been in conversations with Amazon,” PayPal Chief Executive Officer Dan Schulman said Thursday in an interview with Bloomberg News. “We’re closing in on 200 million users on our platform right now. At that scale, it’s hard for any retailer to think about not accepting PayPal.”

There are no details to announce, but Schulman said the conversations have focused on “how to use one another’s assets to the mutual benefit of our customers.”

A spokesman for Seattle-based Amazon declined to comment.

Paypal is still just as much of a competitor to Amazon now as it was before it spun off Ebay, or even when Ebay owned Paypal, so this deal might surprise some, but not me.It just makes too much sense.

Both Amazon and Paypal offer a payment processing solution. Paypal’s solution works both direct and on third-party sites, while Amazon’s solution works mainly on external websites.

So yes, these two compete, and you can find both listed as a payment option on sites like Humble Bundle, but they are also out to maximize revenues, which in this case means working with a competitor.

So this deal is going to happen sooner or later.

ht to The International Indie Author group on Facebook

image by danielbroche