![]() ![]() consumers would be allowed to check out at millions of businesses using cryptocurrencies, while Venmo recently expanded its support for cryptocurrency through new features that allow users to buy cryptocurrency using cash-back from Venmo credit card purchases. It bears mentioning, however, that PayPal is not currently natively supported as a payment option on the service, so the addition of Venmo is a nice win for the company.īroadly speaking, PayPal’s impending integration with Amazon could bring a much awaited crypto edge to the multinational e-commerce company. Its current slate of payment options includes credit or debit cards, store cards, checking accounts, HSAs or FSAs or EBT cards. The broader question is how widely the service will be utilized for Amazon users who have thus far had little problem relying on credit payment. The company also cites a recent in-house “behavior study” that notes, “65% of Venmo users said they increased their online purchasing behaviors amidst the pandemic and 47% are interested in paying with Venmo when checking out with merchants.” As PayPal notes, it currently counts north of 80 million users in the U.S. The deal is no doubt mutually beneficial for both parties. “We’re excited to team up with Venmo and give our customers the ability to pay by using their Venmo accounts, providing new ways to pay on Amazon.” “We understand our customers want options and flexibility in how they make purchases on Amazon,” Amazon’s Director of Global Payment Acceptance Ben Volk said in a statement. The news arrived as the online payment giant announced solid third quarter results, with a 13% year-over-year revenue increase.īeginning at some point in 2022, Amazon shoppers will be able to link their accounts to popular mobile payment services for purchases made through both and the company’s mobile shopping app. The payment process is embedded into the checkout. ![]() You must also specify totalOrderAmount if one was provided for the Checkout Session object. The chargeAmount in the request must match the Checkout Session object paymentDetails.chargeAmount to verify order amount. PayPal today announced that will be adding a Venmo option to checkout for users in the U.S., starting next year. After you activate Amazon Pay, eligible customers can select Amazon Pay during checkout. Use Complete Checkout Session to confirm that the buyer has successfully returned to your site. ![]()
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