While Amazon's checkout system is no doubt easy, fast and secure, other options such as Affirm are great additions. Regardless, Venmo support is an excellent first step in allowing additional payment options at the checkout. Support for other peer-to-peer services such as the Cash app would be a nice bonus, too.
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Of course, this isn't always feasible as payment processors charge a fee for every transaction. Similar to how Amazon Pay works on third-party websites, Amazon should be allowing mobile payment solutions such as Google and Apple Pay on the platform to allow for even faster checkout times. Now that Venmo is in the works and Affirm is fully integrated, Amazon should allow other payment processors to work on the site. However, outside of Affirm, which loans customers money to make monthly payments via credit, Venmo is the first major payment processor to work with Amazon. At this time, details are scarce, and no exact date has been given. According to the press release, Amazon customers will be able to use Venmo at checkout starting sometime next year. Today, Amazon and Venmo (owned by PayPal) are coming together to create a more streamlined purchase system. Related: Amazon Prime: Everything Members Get In 2021 Of course, users can fund their Venmo accounts via a bank account. And with Venmo balance, that money is immediately available as soon as it's received - no waiting several days for the bank to process the funds. For some, Venmo is like having cash as it allows users to quickly and securely send money from one person to the next. and is a popular peer-to-peer payment service. Venmo has over 80 million users in the U.S. Instead, Amazon has traditionally only used its in-house system to process payments for purchases in apps, online at, and even in physical locations for Amazon Go.
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Amazon has infamously not allowed third-party payment options such as Google Pay, Apple Pay, or PayPal on the platform. Starting next year, Amazon will allow customers to pay for Amazon purchases with Venmo.