Amazon Informs Arizona Customers: You Can No Longer Use This Payment Method
- 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 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 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.
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 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.
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:
- The Amazon Prime Visa
- Amazon Store Card
- Amazon Secured Card
- American Express
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?
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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