Payment: Paypal’s subsidiary Venmo loses Amazon contract

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Venmo, the Paypal-owned online and offline application for mobile payments between individuals, will no longer be one of the payment methods available on the Amazon‘s U.S. website from January 10th, 2024, Venmo said on the website. “Venmo and Amazon agreed to deactivate Venmo as a payment option on Amazon for the time being”, PayPal simply stated this in a press release dated December 7th, 2024. Users will still be able to add a Venmo card to their Amazon wallet to purchase a product, but will

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