City
Epaper

Amazon rolls out option to pay using Venmo

By IANS | Updated: October 26, 2022 11:15 IST

San Francisco, Oct 26 Amazon is rolling out the option to use Venmo balance, a linked bank account, ...

Open in App

San Francisco, Oct 26 Amazon is rolling out the option to use Venmo balance, a linked bank account, or an associated debit card for payments for its users.

Users can make Venmo the default if they like, and that service's purchase protection still applies in addition to Amazon's own safeguards, reports Engadget.

The Venmo option is available to some Amazon shoppers, and it should be available to everyone in the US in the next few weeks, the company said.

The report also mentioned that users can add their choice through Amazon's website or mobile app.

The new payment choice could encourage that large audience to use Venmo more often in general, especially for shopping, the report said.

For Amazon, meanwhile, this opens the door to customers who rarely use conventional payment methods, it added.

This Amazon move also comes as PayPal increasingly makes Venmo a catch-all platform. Users can use Venmo to pay for Lyft rides, manage cryptocurrency, and even cash checks.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: usamazonSan FranciscoPaypalSan francisco bayCurrencies researchJose d'saForeign servicesApi holdingsKredit business
Open in App

Related Stories

BusinessGlobal Tech Firms Eye India for Manufacturing Amid US-China Tensions

InternationalIllinois Plane Crash: 4 Killed After Cessna C180G Aircraft Goes Down After Hitting Power Lines in Trilla

EntertainmentOTT Releases This Week: Khauf, Mere Husband Ki Biwi, Logout, Daveed & More – Top Picks for Your Weekend Watchlist

NationalPM Narendra Modi Discusses Tech and Innovation Collaboration With Elon Musk

InternationalCalifornia Shooting: 6 People Injured in Firing Outside Barbershop in Stockton

Technology Realted Stories

TechnologyPilot plant of fortified rice kernels launched at CSIR-NIIST

TechnologyAIIMS Bhubaneswar launches Robotic Knee Replacement facility

TechnologyQuantum computing to revolutionise innovation and scientific discovery: Jyotiraditya Scindia

TechnologyStudy links antibiotic exposure before age two to childhood obesity

TechnologyBoult Audio’s net profit declines by 37 pc in FY24, revenue up 41 pc