• A convenient payment method is leaving Amazon
  • Amazon is informing customers of the change
  • Customers have a grace period until the switch is permanent

Amazon Will No Longer Accept a Popular Payment Method

Over the hectic holiday season, consumers are always looking for ways to make their lives easier. Shaving some time off common tasks, namely shopping, is one way to make the season a little simpler.

Amazon drops Venmo as a form of payment in Arizona
Amazon is making some changes to the way they accept online payments. // Canva
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Amazon just announced they're discontinuing a popular way to pay for purchases as we move through the busy holiday season this year. The Venmo site confirmed the announcement.

Amazon drops Venmo as a form of payment in Arizona
Venmo made the announcement on their website. // Venmo.com
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Amazon Doesn't Explain Its Decision

According to Forbes.com, Amazon announced they will no longer accept the app-based payment service Venmo as a payment method for purchases.

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Amazon is giving customers a grace period through the holidays and announced they will stop accepting Venmo as a form of payment beginning on January 10, 2024.

Amazon drops Venmo as a form of payment in Arizona
Amazon is one of the largest online retailers during the holiday season. // Canva
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Amazon hasn't stated an official reason for the decision. Industry experts speculate that Venmo isn't a secure enough payment platform, leading Amazon to drop its connection to the online payment company.

Other Ways to Pay Amazon for Products

While Amazon will no longer accept PayPal or Venmo as forms of payment, their customers can still make payments in a variety of other ways.

Amazon drops Venmo as a form of payment in Arizona
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Gift cards are always an option, and Amazon not only accepts its own, but consumers can use third-party gift cards from Visa, MasterCard, or American Express gift cards.

Amazon will still accept other payment methods:

  • Visa
  • The Amazon Prime Visa
  • Amazon Store Card
  • Amazon Secured Card
  • MasterCard/EuroCard
  • Discover
  • American Express
  • JCB
Amazon drops Venmo as a form of payment in Arizona
Will Venmo be inspired to step up its security methods? // Canva
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Will Venmo Step Up Its Game or Will Other Retailers Drop Venmo?

With the economic clout that Amazon wields, the question is, will other retailers also drop Venmo, or will the app payment platform step up its security measures?

Amazon drops Venmo as a form of payment in Arizona
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For those who use Venmo and other payment apps regularly, the hope is that the payment model remains the same, but that payments become safer and more secure under the hood.

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