Amazon Adds Venmo , As Checkout Option.
Amazon Adds Venmo , As Checkout Option.
CNBC reports that Amazon
made the announcement on Oct. 25.
The feature will be available to U.S. users by Nov. 25, otherwise known as Black Friday.
Venmo, which began as a peer-to-peer payment service, has vastly expanded in recent years to be accepted by retailers. .
Other retailers to have added Venmo as a payment source include Shopify and Lululemon.
Other retailers to have added Venmo as a payment source include Shopify and Lululemon.
After Amazon announced that it will accept the new payment option, shares of Venmo owner PayPal rose 7%.
To use the new feature, simply
add your Venmo account in the payment details of your Amazon account.
Then at checkout, select Venmo
as the payment option. .
Other forms of payment that Amazon currently accepts include credit and debit cards, HSA and
FSA accounts, store cards and EBT cards.
Other forms of payment that Amazon currently accepts include credit and debit cards, HSA and
FSA accounts, store cards and EBT cards.
Last year, Amazon also got in on the buy now, pay later trend by announcing a partnership with Affirm.
Last year, Amazon also got in on the buy now, pay later trend by announcing a partnership with Affirm