Amazon to no longer Venmo payments, PayPal stock ticks lower
PayPal (PYPL) shares are under pressure after Amazon (AMZN) announced it would stop accepting Venmo payments. The website for the popular PayPal-owned payment app states that “Venmo will remain available to users who currently have it enabled in their Amazon wallet until 01/10/24.” Yahoo Finance’s Josh Lipton and Julie Hyman break down the details of …