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Finance & Economics

Amazon customers will be able to pay with Venmo

Starting next year, American customers will be able to make purchases on Amazon using their Venmo accounts

Amazon Venmo

Amazon customers will be able to pay with Venmo. Source: shutterstock.com

According to the official press release, Amazon customers in the US will be able to pay with Venmo for purchases on the marketplace in 2022.

PayPal has announced a collaboration with Amazon allowing Venmo’s 80+ million users in the US to pay with Venmo at checkout using funding methods that include their linked bank account and Venmo balance.

A recent Venmo Behavior study revealed that 65% of Venmo users said they increased their online purchasing behaviors amidst the pandemic and 47% are interested in paying with Venmo when checking out with merchants.

Over the last year, we have focused on giving our Venmo community more ways to use Venmo in their daily lives, including the ability to pay with QR Codes and providing more shopping features like purchase protections. We’re thrilled to make it possible for our users and Amazon customers to pay with Venmo starting next year
Darrell Esch, Senior Vice President and GM, Venmo

The ability to pay with Venmo on Amazon.com will be available in 2022. To create a Venmo account, download the Venmo app from the?Google Play?or?iOS?app stores.

We’ve reported that Klarna is now available in Ireland.

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