Amazon has added another payment type for users to choose at checkout in time for Black Friday.
in Advertising (Opens in a new tab) By parent company PayPal, Venmo has shared news of its new partnership with Amazon, which will be added as a payment method to Amazon.com and Amazon app users across the US.
The effort has already begun to “select Amazon customers,” with more to be added next month – although it will only be available in the US for now.
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According to PayPal, Venmo users (including nearly 90 million active users in the US) shop nearly twice as much as an “average shopper.” Its partnership with Amazon, which enables fast delivery and easy repeat purchases, appears to be a no-brainer.
Once Venmo is added to eligible accounts, users will be able to use their app balance or any linked bank accounts or debit cards to make purchases. Mobile payments are still covered by Amazon warranty from A to Z (Opens in a new tab)as well as Venmo’s proprietary monitoring and encryption technology.
inside press release (Opens in a new tab)Max Bardon, Vice President of Amazon Worldwide Payments, explained the company’s commitment to providing flexibility to its customers:
“We want to offer customers convenient, easy-to-use, and secure payment options — and there’s no better time for that than during the busy holiday season. Whether it’s cash, buy now, pay later or pay now with Venmo, our goal is to meet the needs and preferences of every customer from Amazon customers.
Pro radar technology I communicated with both companies about the possibility of expanding Venmo upon exit to other countries.
