Venmo's new credit card is set to garner spend among core audience - Business Insider

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ICYMI: Venmo's credit card could gain traction among its large and growing user base, thanks to its flexible rewards structure, low cost, and digital-first interface

have a credit card yet, thanks to its flexible rewards structure, low cost, and digital-first interface. Venmo directly through fee revenues and incentives to use other monetized features, like Instant Transfer.

And at the same time, it could indirectly grow engagement with and loyalty to the app by making it a more prominent part of customers' daily lives. This could ultimately generate volume not just for PayPal, but also for Synchrony, which has been Join other Insider Intelligence clients who receive this Briefing, along with other Payments & Commerce forecasts, briefings, charts, and research reports to their inboxes each day.

 

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Good concept, don't think I would be an adopter but I'm sure many will

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