Folks who have gotten used to using Venmo to pay for goods on Amazon will have to switch to another payment method to renew their Prime membership or order goods. Amazon is ditching Venmo as a direct payment option just 14 months after enabling it.
It's no longer possible to add Venmo as an Amazon payment option. Those who already have Venmo enabled in their Amazon wallet can use it to check out until January 10. Amazon told customers that it will still accept Venmo debit and credit cards.
Amazon has not disclosed why it's getting rid of Venmo as a direct payment option. However, it told CNBC that customers still have almost a dozen other payment methods to choose from. A Venmo spokesperson told the outlet that “We have a strong relationship with Amazon and look forward to continuing to build on it.“
For what it's worth, Amazon doesn't accept direct payments from PayPal, Venmo's parent company, either. As with Venmo, though, it allows customers to pay with PayPal debit cards.