E-commerce large Amazon just lately introduced that it’ll now not settle for Venmo as a fee technique on its platform, efficient January 10, 2024. This variation means Amazon prospects might want to change to different fee choices like bank cards, debit playing cards, or checking accounts when making purchases.

Notably, whereas standalone Venmo funds shall be banned, the Venmo debit card and Venmo bank card will nonetheless be permitted on Amazon after the built-in fee ban goes into impact. So prospects with these particular Venmo-affiliated playing cards shall be unaffected.

The fee coverage shift applies to all purchases made on Amazon’s on-line market Amazon.com. This consists of on a regular basis buying in addition to Prime membership charges and different subscription costs processed by means of the retail web site.

Amazon said that the change might influence some prospects’ subscriptions if they’ve Venmo set as their default fee technique. The corporate suggested members to proactively replace their fee particulars on their “Your Memberships and Subscriptions” web page to keep away from any disruptions.

The tech agency hasn’t defined their determination however harassed that there are nonetheless quite a few methods to pay on its platform. Alternate options embody main credit score and debit playing cards, Amazon present playing cards, and linking checking accounts.