Amazon to allow customers to pay with Venmo

Starting next year

PayPal has officially teamed up with Amazon to allow Amazon customers to pay with Venmo at checkout.

Starting next year, people shopping on Amazon will be able to connect their accounts to Venmo, a mobile payment service owned by PayPal, to make purchases, according to a press release from PayPal.

“We understand our customers want options and flexibility in how they make purchases on Amazon,” Amazon’s Director of Global Payment Acceptance Ben Volk said in a statement. “We’re excited to team up with Venmo and give our customers the ability to pay by using their Venmo accounts, providing new ways to pay on Amazon.”

PayPal notes that it has 80 million users in the US alone, so it makes perfect sense it will be accepted on Amazon. The company also mentions in an in-house “behavior study” they found that “65% of Venmo users said they increased their online purchasing behaviours amidst the pandemic and 47% are interested in paying with Venmo when checking out with merchants.”

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