Amazon to Add Venmo as Payment Option Ahead of Holiday Season

By Andrew McCollum On Oct 26, 2022

Venmo, with a community of over 90 million users, is known for being a safe and easy-to-use payment option, Amazon said.

Photo:

Tiffany Hagler-Geard/Bloomberg News

Amazon.com Inc.

AMZN 0.83%

said Tuesday that it is adding Venmo as a new payment option for its customers ahead of Black Friday and the holiday season.

The e-commerce company said the partnership with the payments app owned by

PayPal Holdings Inc.

PYPL 7.24%

would allow users to use this option when they check out for orders placed on Amazon.com and Amazon’s mobile app.

Venmo, with a community of over 90 million users, is known for being a safe and easy-to-use payment option, Amazon said.

“Venmo will start to rollout to select Amazon customers today, and it will be available to U.S. customers by Black Friday,” Amazon said of the last Friday of November, one of the busiest shopping days for the company.

This year, Black Friday is Nov. 25.

Related Video: WSJ’s Dalvin Brown explains why Amazon benefits from intentionally announcing exclusive devices, called Day 1 editions, that may never be available to the general public. Illustration: Elizabeth Smelov

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