PayPal s Venmo launches Cash Back to Crypto feature neowin.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from neowin.net Daily Mail and Mail on Sunday newspapers.
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I graduated from the University of Florida in 2017 and worked in operations management for Amazon before deciding I really like to write about finance and business. After spending two years in the private equity world, I switched gears to the public markets to cover tech and consumer goods stocks with the Fool. I m based out of sunny South Florida, and when I m not writing you can find me running my small business, cooking, listening to music, or watching Gordon Ramsay yell at people on TV.
Key Points
The app leads the peer-to-peer payments market but contributes minimally to PayPal’s top line.
Venmo Credit Card review: Up to 3% cash back with no annual fee businessinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessinsider.com Daily Mail and Mail on Sunday newspapers.
Venmo now has direct deposit and check cashing features along with credit and debit cards. Its advertising is enticing, promising “paychecks can show up in your account up to two days earlier.” But given issues with Venmo’s security and integrity of its product in the past, you might not want to rush to sign up. Featured Video Hide
The popular online payment system has been positioning itself as a fast and easy way to transfer money since its inception. However, by making it simultaneously quick and seemingly facile to move cash around, Venmo has also made it easier for scammers and hackers to steal from Venmo’s customers. And they can probably be doing a lot more to protect their customers, who they seem to now want to be all-in-one banking clients with them.