City
Epaper

Amazon rolls out option to pay using Venmo

By IANS | Updated: October 26, 2022 11:15 IST

San Francisco, Oct 26 Amazon is rolling out the option to use Venmo balance, a linked bank account, ...

Open in App

San Francisco, Oct 26 Amazon is rolling out the option to use Venmo balance, a linked bank account, or an associated debit card for payments for its users.

Users can make Venmo the default if they like, and that service's purchase protection still applies in addition to Amazon's own safeguards, reports Engadget.

The Venmo option is available to some Amazon shoppers, and it should be available to everyone in the US in the next few weeks, the company said.

The report also mentioned that users can add their choice through Amazon's website or mobile app.

The new payment choice could encourage that large audience to use Venmo more often in general, especially for shopping, the report said.

For Amazon, meanwhile, this opens the door to customers who rarely use conventional payment methods, it added.

This Amazon move also comes as PayPal increasingly makes Venmo a catch-all platform. Users can use Venmo to pay for Lyft rides, manage cryptocurrency, and even cash checks.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: usamazonSan FranciscoPaypalSan francisco bayCurrencies researchJose d'saForeign servicesApi holdingsKredit business
Open in App

Related Stories

BusinessUS Visa Medical in Pakistan: How to Book Your Appointment Fast & Stress-Free

TechnologyAmazon Web Services Down: Snapchat, Amazon Prime, Among List of Apps and Websites Affected by Cloud Outage

InternationalSan Francisco Earthquake: 4.3 Magnitude Tremor Jolts Bay Area at 3 AM, No Tsunami Threat

InternationalIndian-Origin Man Beheaded In US In Front Of Family After Violent Dispute

EntertainmentAmazon Music India unveils ‘Track by Track’With Karan Aujla’s new album P-POP CULTURE

Technology Realted Stories

TechnologyHydrogen may replace natural gas in India in 5 to 10 years: Top official

Technology8 in 10 Indians embrace return to office policy, flexibility, well-being major concern: Report

TechnologyOil and gas hunt stepped up in 7 sedimentary basins across India: Hardeep Puri

TechnologyAdani Ports clocks robust 29 pc net profit growth in Q2, revenue jumps 30 pc

TechnologyStockbrokers must ensure clean, auditable books to earn investors' trust: SEBI chief