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Amazon adds Venmo as payment option

PayPal has struck a deal with Amazon to enable US shoppers to pay for purchases using their Venmo accounts.

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Amazon adds Venmo as payment option

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

PayPal is not a payment option on Amazon but from next year, the 80 million users of its Venmo service will be able to pay for purchases on the e-commerce giant's app and website.

“We understand our customers want options and flexibility in how they make purchases on Amazon,” says Ben Volk, director, global payment acceptance, Amazon.

Amazon has mainly restricted its payment options to cards but recently inked a deal with Affirm to offer customers a buy now, pay later option.

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