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Amazon Allows US Customers To Pay With Venmo

By 10/25/2022 7:59 PMNo CommentsBy YidInfo Staff

Thanks to a new feature, customers will soon be able to use their Venmo accounts to pay for things on Amazon.

Starting on Tuesday, a limited number of Amazon.com customers will have the option to pay with Venmo, the e-commerce giant announced in a news release.

It will be accessible across the country by Black Friday, the day following Thanksgiving.

Although Venmo is mostly recognized for peer-to-peer exchanges, it has been extending its range of services to include payments to companies.

Amazon’s decision to expand its payment alternatives comes as the business has had to postpone plans to expand its warehouse due to slow sales.

Retailers are giving additional discounts to clear out their overstocked shelves and entice inflation-stricken customers due to their increased trepidation about the holiday shopping season.

For the first time, Amazon staged its second significant sales event of the year earlier this month only for Prime members.

Although the retail giant remained mum about the amount of money it made from the occasion, some estimates suggested reduced sales.

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