Take action against PayPal: Amazon Will Start Accepting Venmo Payments

From Forbes:

On Tuesday, Amazon and Venmo owner PayPal announced the initial rollout of a new Amazon-Venmo payment partnership. By Black Friday, all U.S.-based Amazon customers will be able to use Venmo at checkout – just in time for the holiday season.

Following the announcement, shares of Venmo owner PayPal surged 7% to close out Tuesday at $89.24. Amazon inched 0.65% higher to finish the day at $120.60.

According to Amazon’s press release, early rollout for Venmo checkout began Tuesday, October 25. That gives Amazon around a month to work out any bugs before the full rollout occurs prior to Black Friday on November 25.

Said Max Bard, vice president of Amazon Worldwide Payments: “We want to offer customers payment options that are convenient, easy to use and secure—and there’s no better time for that than the busy holiday season. Whether it’s paying with cash, buying now and paying later, or now paying via Venmo, our goal is to meet the needs and preferences of every Amazon customer.”

Continue reading Amazon Will Start Accepting Venmo Payments on Forbes

Do you have a complaint about PayPal or Venmo, such as locked accounts or funds seized for unspecified Acceptable Use Policy violations? Take your claim to FairShake, the consumer advocacy service.

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