PayPal says Amazon customers will be able to pay with Venmo

PayPal announced that Amazon customers will be able to pay using Venmo starting in 2022, helping the company mute the reaction to a Q3 revenue miss.

The announcement came as the company released its Q3 earnings Thursday after the market closed. PayPal (NASDAQ: PYPL) stock was up more than 1.5% in after-hours trading Thursday.

Revenue in the quarter came in just under expectations at $6.18 billion, up 13% year-over-year, but missing the Seeking Alpha consensus of $6.42 billion. PayPal posted a...

https://www.freightwaves.com/news/paypal-says-amazon-customers-will-be-able-to-pay-with-venmo

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