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Amazon Removes Venmo as Payment Option, PayPal Shares Slide

1 min read
Source: Fox Business
Amazon Removes Venmo as Payment Option, PayPal Shares Slide
Photo: Fox Business
TL;DR

Amazon is dropping Venmo as a payment option starting next month, but customers can still use Venmo debit or credit cards on the platform. The decision comes as Amazon aims to drive profitable revenue growth in its payment services. Venmo, which was acquired by PayPal in 2013, has been added as a payment option by various brands, including McDonald's, Starbucks, and Uber.

Topics:businessbusinesstech#amazon#businesstech#e-commerce#payment-options#paypal#venmo
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  1. Amazon drops Venmo payment option  Fox Business
  2. PayPal shares slide after Amazon drops Venmo as payment option  CNBC
  3. Stock Market Rally Includes The Dow; Venmo Gets Dumped By Amazon  Investor's Business Daily
  4. Amazon will no longer accept Venmo as a payment option starting next month  TechCrunch

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