Amazon cuts ties with Venmo, causing PayPal shares to plummet
TL;DR Summary
Amazon has decided to remove Venmo as a direct payment option on its platform after just 14 months, signaling a shift in its payment strategy. The move comes as Amazon continues to expand its own payment services, including Amazon Pay, and aims to provide a seamless checkout experience for its customers.
- Amazon ditches Venmo as a direct payment option after just 14 months Engadget
- PayPal shares slide after Amazon drops Venmo as payment option CNBC
- Amazon will no longer accept Venmo as a payment option starting next month TechCrunch
- Stock Market Rally Includes The Dow; Venmo Gets Dumped By Amazon Investor's Business Daily
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