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10/24/2022

Amazon Allows Customers to Pay Using Venmo

The ability to pay via Venmo is rolling out starting Oct. 25 and will reach all Amazon customers by Black Friday.
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screenshots that show a customer paying on the amazon app using venmo
  • Amazon will now accept Venmo as payment.
  • Shoppers will be able to connect their Venmo account during checkout and set it as their preferred payment method. 
  • The option is rolling out now and will be available to all customers by Black Friday. 

Amazon will now let its customers pay for items using Venmo, the popular mobile payment application, as the holiday shopping season gets underway.

The e-commerce giant first announced the partnership with Venmo nearly a year ago. Payment through Venmo will be available to select Amazon shoppers beginning Oct. 25 and will roll out to all of its customers by Black Friday, Amazon said in a release

“We want to offer customers payment options that are convenient, easy to use, and secure — and there’s no better time for that than the busy holiday season,” said Max Bardon, VP of Amazon worldwide payments, in the release. “Whether it’s paying with cash, buying now and paying later, or now paying via Venmo, our goal is to meet the needs and preferences of every Amazon customer. We’re excited to continue to offer customers even more options when it comes to how and when they want to pay for their order.”

To use the new payment option, shoppers can link their Venmo profile to their Amazon account. They can also set Venmo as their preferred payment method, Amazon said. According to the retailer, payments made through Venmo are secured using Amazon’s back-end technology and are protected through its A-to-Z guarantee and Venmo’s purchase protection guidelines. 

 “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,” said Doug Bland, senior VP and general manager, head of consumer at PayPal, which owns Venmo, in the release.

Venmo has nearly 90 million users. While the service is popular as a peer-to-peer transaction service, an increasing number of retailers accept Venmo directly as a payment method, including Adidas, Amazon, Coach, Dick’s Sporting Goods, Home Depot, Kohl’s, Macy’s, Nike, Nordstrom, Samsung, The North Face, Under Armour, Walmart and Wayfair, MassLive reported earlier this year. 

The grocer Giant Eagle in August 2021 began accepting Venmo and Paypal as a payment method at its stores. Venmo also offers a debit card that customers can link to their account that can be used at any store that accepts Mastercard.