Amazon To Quit PayPal's Venmo in January and Amazon mobile app users won't be able to use Venmo as a payment option starting next month.

Illustration of hands holding smartphones with online banking payment apps.
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Amazon is removing PayPal's Venmo as a payment method for and its mobile app on January 10, an Amazon spokesperson told Kiplinger in an email.

“Customers can still use nearly a dozen other payment options, such as debit cards, credit cards, checking accounts or installments to pay for their orders,” the spokesperson said. She did not provide details about why the Venmo decision was made.

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Joey Solitro

Joey Solitro is a freelance financial journalist at Kiplinger with more than a decade of experience. A longtime equity analyst, Joey has covered a range of industries for media outlets including The Motley Fool, Seeking Alpha, Market Realist, and TipRanks. Joey holds a bachelor's degree in business administration.