We are reader supported. External links may earn us a commission.

industry

Amazon to add Venmo payment support in 2022

One of the first third-party payment solutions coming to Amazon
By Sanuj Bhatia November 9, 2021, 4:02 am
amazon logo Source: Amazon

You've probably Googled this in your life once, but yes, Amazon doesn't support third-party payment services like PayPal or Stripe. You need a debit or a credit card to complete a purchase on Amazon, but, today, the company has announced that starting 2022, the online shopping giant will start accepting Venmo as well.

This is probably the first time Amazon third-party payment service. The company partnered with Affirm, but it still requires a credit card. The company is now expanding its payment support to Venmo. The Verge says that the "details on the Amazon partnership are scarce right now," but Venmo owner PayPal says that you'll be able to use Venmo on both Amazon’s website and the mobile app starting in 2022. You'll be able to link your Venmo card to the account and use it to pay for the order.

The company didn't provide any details but said during its earnings call that PayPal was “still working” with Amazon on the details. The Verge says that Amazon might try to gain control over Venmo by requiring you to add balance to Amazon Wallet and then pay for the order via Amazon Wallet, but it's totally a speculation at this point.

Via: The Verge

Latest Articles

Search