Is Amazon dropping Venmo as a payment option? As of January 2024, Amazon will no longer accept Venmo as a payment method. The online retail giant confirmed this change through emails sent to customers, urging them to update their preferred payment methods before the deadline.
This news may surprise some, as Venmo was only introduced as a payment option on Amazon in November 2022. The reason behind this sudden change is still unclear, but it could be due to factors such as low usage, integration challenges, or evolving payment trends.
What does this mean for you?
If you have Venmo currently connected to your Amazon account, here’s what you need to know:
- You will no longer be able to use Venmo to make purchases on Amazon after January 2024.
- Any existing Venmo transactions will be processed as usual.
- You must update your default payment method on Amazon to another option, such as a credit card, debit card, or Amazon Pay balance.
Here’s how to update your default payment method on Amazon:
- Go to your Amazon account settings.
- Click on “Payment options.”
- Select “Add a payment method.”
- Choose your desired method and enter the necessary information.
- Click “Add to your wallet.”
Updating your payment method is a simple process, and it will ensure that you can continue to shop on Amazon without interruption.
What are the alternative payment options on Amazon?
Amazon offers a variety of other payment options, including:
- Credit cards (Visa, Mastercard, American Express, Discover)
- Debit cards
- Amazon Pay balance
- Amazon Store Card
- Amazon Secured Card
- Gift cards
You can choose the payment option that best suits your needs and preferences.
Looking for more information?
Here are some additional resources:
- Amazon Help Center: https://www.amazon.com/gp/help/customer/display.html?nodeId=GPXYBCMDK83JYUXR
- Venmo Help Center: https://help.venmo.com/hc/en-us
- Amazon press release: https://help.venmo.com/hc/en-us/articles/10529670624531-Using-Venmo-on-Amazon-
With Venmo out of the picture, knowing the alternative payment options available on Amazon is important. Updating your preferred method before the January 2024 deadline will ensure a smooth shopping experience.