Venmo introduces the first rewards program for its debit card - Business Insider

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Adding rewards and giving users cash back could boost Venmo's debit card adoption and usage:

in 2018 that enables users to make payments wherever Mastercard is accepted, split costs and tips, withdraw funds from certain ATMs, and manage their Venmo balance.

Adding rewards and giving users cash back with a number of potential uses could boost adoption and usage of Venmo's debit card. The number of Venmo cardholders hasn't been reported — the entire platform had 40 million users at the end of

 

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