Amazon will allow customers to pay for their purchases using Venmo.
Venmo, which is owned by PayPal, will be available to selected Amazon customers from today. It will roll out to all US customers by Black Friday.
Amazon said that the transactions with Venmo are secure and protected by back-end technology that Amazon has built. The online retailer added that Venmo purchase protection also applies to eligible purchases.
Commenting on the news Doug Bland, senior vice president and general manager head of consumer at PayPal, said: “We know that the Venmo community of nearly 90 million users value the safety, security, ease, and familiarity that paying with Venmo helps to bring to the checkout experience.”
He added: “The ability to pay with Venmo on Amazon continues our ongoing commitment to offer the community more ways to spend, send, receive, and manage their money with Venmo.”
Latest News
-
Hot weather and promotions lift May retail sales
-
John Lewis Partnership commits to recruit further 1,000 care-experienced young people
-
Kraft Heinz reorganising operations into three regions
-
Industry celebrates at 2026 Retail Systems Awards
-
AO World boss blames Labour government for move to South Africa amid record profits
-
Allbirds becomes Smartbird as AI pivot accelerates
From CapEx to AI: Understanding the evolving cost structure of retail technology
This Retail Systems webinar, sponsored by Aptos, brings together leading voices from across the retail technology ecosystem to examine how modern PoS has transformed the cost ownership model – and how the emergence of agentic commerce is poised to rewrite the rules once again.
Beyond Channels: Redefining retail with Unified Commerce
This Retail Systems fireside chat with Nikki Baird, Vice President, Strategy & Product at Aptos will explore how unified commerce strategies enable retailers to tear down these barriers and unlock new levels of operational agility and customer satisfaction.
© 2024 Perspective Publishing Privacy & Cookies
Recent Stories