Amazon teams up with PayPal to offer Venmo payments

Amazon is teaming up with PayPal to enable its customers to pay with Venmo for purchases on its e-commerce site and mobile shopping app.

“We understand our customers want options and flexibility in how they make purchases on Amazon,” said Ben Volk, director of global payment acceptance, Amazon. “We’re excited to team-up with Venmo and give our customers the ability to pay by using their Venmo accounts, providing new ways to pay on Amazon.”

Venmo’s more than 80 million users in the US will have access to the payment service, which will enable them to checkout using funding methods that include their linked bank account and Venmo balance, when it officially launches next year.

“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,” said Darrell Esch, senior vice president and general manager, Venmo. “We’re thrilled to make it possible for our users and Amazon customers to pay with Venmo starting next year.”

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