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Mobile Minutes: Amazon payments; Apparel ecommerce; Toyota, Microsoft partnership; New Kindle

Amazon has stepped up its efforts in the online payments space by expanding the reach of its product as it looks to take on PayPal, the company announced at the Money 2020 fintech event in Copenhagen on Monday.

Clothing and accessories overtook computer hardware as the biggest e-commerce category for the first time last year, as free shipping and mobile shopping spread, according to a new study.

Toyota Motor Corp is expanding a five-year-old partnership with Microsoft Corp to develop new internet-connected vehicle services for owners and dealers, Toyota said on Monday.

Amazon CEO Jeff Bezos gave Twitter followers a helpful heads up Monday: The 8th generation Kindle is almost ready.