Amazon increases payment options for US customers

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.”

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