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Amazon Adds Option For Shoppers To Pay with Venmo

By
Ann Gehan
· · Source: The Information

Amazon announced Tuesday it would begin offering shoppers the ability to pay for items with Venmo at checkout, sending Venmo owner PayPal’s shares up more than 6%. The launch of the high-profile partnership is a boost for PayPal, whose shares have tumbled more than 50% this year as e-commerce growth slows following a boom during the pandemic. Venmo, which counts 90 million U.S.-based users,...

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