Amazon Continues Attack on Apple’s iTunes By Jumping Into Mobile Payments

Amazon launches mobile payment solution with Handmark

Amazon.com (NSDQ: AMZN) is making a significant move into mobile today that puts it in direct competition with Apple’s iTunes and eBay’s PayPal. The announcement also provides a hint as to where the Seattle-based company is headed next: mobile content and applications.

Up until now, Amazon has only experimented in mobile, by releasing a few shopping and MP3 applications. But today, Handmark, a mobile content and storefront company, said it is integrating Amazon into its mobile storefronts, allowing users to pay for content and applications using their credit card on file with Amazon. Handmark

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