Amazon debuts its new shopping portal on Monday, Oct. 3. The company named it “Amazon Access,” and it was specially built for customers who are receiving government assistance.
As per CNN Business, Amazon already has services for customers under the low-income bracket. The company is offering them various services, including discounted membership on Amazon Prime.
It also accepts Supplemental Nutrition Assistance Program (SNAP) benefits for the customers’ grocery purchases on Amazon Fresh, Whole Foods, and Amazon Grocery. Now this will also be integrated into the new Amazon Access through the SNAP Electronic Benefits Transfer (EBT), a layaway program that customers can use to pay for their purchases over time.
There will be coupons for essential grocery items in addition to other discounts. The e-commerce and tech firm said that the portal was designed to put all the benefits in one place to become a centralized hub for everything related to government assistance for low-income individuals and families.
In addition, Amazon announced that it has also changed the name of its discounted Prime membership to Prime Access to celebrate the new milestone of making discounts more accessible to shoppers. All qualified customers are welcome to register for the service via the Amazon Access portal.
“We are introducing Amazon Access, a one-stop-shop for customers to explore programs, discounts, and features that make shopping on Amazon even easier and more affordable,” Amazon said in a statement on Monday, Oct. 3. “Over the last five years, we have committed to making Amazon’s everyday selection and savings accessible to customers by offering a discounted membership for qualifying government assistance recipients.”
Retail analyst and managing director at GlobalData Retail, Neil Saunders, said that Amazon Access could really be very useful for customers with low income. He added that this is really a good program that shows Amazon helping shoppers who are in a tight spot amid the tough economic situation today.
“It is something positive Amazon can point to, which shows it is helping hard-pressed consumers during a more difficult economic period,” he said. “Amazon should be able to generate some incremental sales out of consolidating the benefits into a new shopfront.”


Dollar Weakens as Middle East War Reshapes Global Rate Expectations
Microsoft Eyes Legal Action as Amazon-OpenAI Deal Threatens Azure Exclusivity
GE Vernova and Hitachi's $40 Billion SMR Investment Signals a New Era for U.S. Nuclear Energy
Asian Currencies Slide as Oil Prices Surge Amid U.S.-Israel-Iran Conflict
HSBC Considers Cutting 20,000 Jobs Amid AI-Driven Transformation
Gold Prices Stabilize but Head for Worst Weekly Drop in Six Years Amid Iran War Inflation Fears
DOJ Antitrust Chief Rejects Political Fast-Track for Paramount-Skydance Deal
Judge Dismisses Sam Altman Sexual Abuse Lawsuit, But Sister Can Refile
EA's $15B Debt Offering Draws $25B in Investor Demand Amid Credit Market Turmoil
Japan's Parliament Backs Dovish BOJ Board Members, Raising Questions on Rate Hike Path
US-Iran War: Trump Eyes Military Exit as Markets React to Potential De-escalation
S&P 500 Rebounds After Netanyahu's Statements on Iran's Military Setbacks
Israel Defies Trump's Warning, Launches New Strikes on Iran Amid Growing Global Energy Crisis
Oil Prices Slide as U.S. Eyes Iranian Supply Relief Amid Middle East Tensions
Asian Currencies Rebound as Dollar Weakens, BOJ Holds Rates
Amazon's "Transformer" Phone: Can It Succeed Where Fire Phone Failed?
Netflix Eyes South Korea for More Live Events as BTS Concert Livestream Approaches 



