Amazon to allow US customers to pay with Venmo

Oct 24, 2022, 6:01 PM | Updated: Oct 25, 2022, 6:34 am
FILE - This March 20, 2018, file photo shows the Venmo app on an iPad in Baltimore. Amazon is rolli...

FILE - This March 20, 2018, file photo shows the Venmo app on an iPad in Baltimore. Amazon is rolling out a feature that allows shoppers to pay for items using their Venmo accounts. The e-commerce giant said in a news release the payment option will be available for select customers beginning on Tuesday, Oct. 25, 2022. By Black Friday, it will be available nationally. Venmo is largely known for peer-to-peer transactions, but it has been expanding its offering to allow payments to businesses. (AP Photo/Patrick Semansky, File)

(AP Photo/Patrick Semansky, File)

NEW YORK (AP) — Amazon is rolling out a feature that allows shoppers to pay for items using their Venmo accounts.

The option to pay with Venmo will be available for select Amazon.com customers beginning on Tuesday, the e-commerce giant said in a news release. By Black Friday — the day after Thanksgiving — it will be available nationally.

Venmo is largely known for peer-to-peer transactions, but it has been expanding its offering to allow payments to businesses.

Amazon’s move to offer more payment options comes as sluggish sales numbers have pushed the company to put brakes on its warehouse expansion plans. Retailers have also been more skittish about the holiday shopping season, and are offering more discounts to clear out their bloated inventories and lure in inflation-hit consumers.

Earlier this month, Amazon held its second major sales event this year for its Prime members, the first time the company offered such discounts twice in one year. The retail behemoth did not reveal how much revenue it pulled from the event, but some estimates showed it saw lower sales.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

AP

FILE - Traders work on the floor at the New York Stock Exchange as the Federal Reserve chairman Jer...
Associated Press

Fed matches year of hot inflation with feverish rate hikes

NEW YORK (AP) — Wall Street expects the impact of the Federal Reserve’s most aggressive year of interest rate hikes in at least three decades to continue to be felt through next year. The central bank’s plan to fight stubbornly high prices on everything from food to clothing has been the central focus for Wall […]
1 day ago
FILE - Jamie Lee Curtis appears at the Governors Awards in Los Angeles on Nov. 19, 2022. Curtis is ...
Associated Press

Jamie Lee Curtis to receive AARP Career Achievement Award

LOS ANGELES (AP) — “Scream Queen” Jamie Lee Curtis will be this year’s recipient of AARP The Magazine’s Movies for Grownups Awards career achievement honor. Curtis will receive the honor at the AARP’s annual Best Movies and TV for Grownups ceremony, the group announced Thursday. Alan Cumming returns to host the ceremony, which will be […]
1 day ago
FILE - In this Sept. 30, 2019, file photo, Seminole County Tax Collector Joel Greenberg talks to th...
Associated Press

Gaetz friend to be sentenced on sex crimes, other counts

ORLANDO, Fla. (AP) — A former Florida tax collector whose arrest led to a federal probe into U.S. Rep. Matt Gaetz has cooperated in investigations of two dozen people for sex trafficking and other crimes, but it may not be enough to spare him a long time in prison when he is sentenced Thursday. Joel […]
1 day ago
Associated Press

Lufthansa settles dispute with excluded Jewish passengers

BERLIN (AP) — German airline Lufthansa said Thursday that it has reached a settlement with most members of a group of Orthodox Jewish passengers who weren’t allowed to board a flight in Frankfurt earlier this year after some had refused to wear masks. Lufthansa apologized after the incident on May 4, which involved passengers from […]
1 day ago
German President Frank-Walter Steinmeier, left, speaks next to his Albanian counterpart Bajram Bega...
Associated Press

German president hails Albania’s pro-European stand

TIRANA, Albania (AP) — The German president on Thursday hailed Albania’s pro-European stand and urged its authorities to continue reforms toward membership into the European Union. Frank-Walter Steinmeier is visiting Albania to talk with its top officials on EU membership negotiations and the situation in the Western Balkan region. “Please keep on further work in […]
1 day ago
Miroslav Milosevic pours plum brandy into the bottle in the village of Rozanci, 20 kilometers south...
Associated Press

Cheers! Serbia’s plum brandy gets UN world heritage status

BELGRADE, Serbia (AP) — It’s time to raise a glass for sljivovica – Serbia’s traditional plum brandy that authorities said Thursday is being added to the U.N.’s list of intangible cultural heritage as a cherished tradition to be preserved by humanity. UNESCO experts gathering in Morocco this week decided that “social practices and knowledge related […]
1 day ago

Sponsored Articles

Comcast Ready for Business Fund...
Ilona Lohrey | President and CEO, GSBA

GSPA is closing the disparity gap with Ready for Business Fund

GSBA, Comcast, and other partners are working to address disparities in access to financial resources with the Ready for Business fund.
SHIBA WA...

Medicare open enrollment is here and SHIBA can help!

The SHIBA program – part of the Office of the Insurance Commissioner – is ready to help with your Medicare open enrollment decisions.
Lake Washington Windows...

Choosing Best Windows for Your Home

Lake Washington Windows and Doors is a local window dealer offering the exclusive Leak Armor installation.
Anacortes Christmas Tree...

Come one, come all! Food, Drink, and Coastal Christmas – Anacortes has it all!

Come celebrate Anacortes’ 11th annual Bier on the Pier! Bier on the Pier takes place on October 7th and 8th and features local ciders, food trucks and live music - not to mention the beautiful views of the Guemes Channel and backdrop of downtown Anacortes.
Swedish Cyberknife Treatment...

The revolutionary treatment of Swedish CyberKnife provides better quality of life for majority of patients

There are a wide variety of treatments options available for men with prostate cancer. One of the most technologically advanced treatment options in the Pacific Northwest is Stereotactic Body Radiation Therapy using the CyberKnife platform at Swedish Medical Center.
Work at Zum Services...

Seattle Public Schools announces three-year contract with Zum

Seattle Public Schools just announced a three-year contract with a brand-new company to the Pacific Northwest to assist with their student transportation: Zum.
Amazon to allow US customers to pay with Venmo