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Amazon rolls out option to pay using Venmo

By IANS | Published: October 26, 2022 11:06 AM

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

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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

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