Amazon is adding a new payment option: Venmo. Starting Tuesday, some US customers will be able to pay for orders using the popular money send and receive service, with availability in the country starting on Black Friday or November 25.
Using Venmo to pay for an Amazon order is relatively easy; to set it up as a payment method, tap ‘Select a payment method’ during checkout, then tap ‘Add a Venmo account’. From there, you’ll be prompted to authorize Amazon to use your Venmo account and choose where you want the funds to be withdrawn from your balance, linked bank account, or eligible debit card. After you agree, Amazon will ask you if you want to set this as your default payment method, and you can choose to pay with it when you order using the Amazon app or website.
PayPal, Venmo’s parent company, announced it was coming late last year, but now we’re finally seeing it in action; it’s not every day that Amazon adds a third-party payment option to its service. We can also answer whether this means that you can pay for an Echo speaker with crypto, for example: no, according to PayPal spokesperson Tom Hunter.