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Venmo unveils Visa-powered credit card

Wednesday 17 February 2021 10:53 CET | News

Venmo has revealed a Visa-powered credit card released in conjunction with Synchrony, making the Venmo Credit Card available for all eligible Venmo customers to apply from the Venmo app.

Venmo’s first-ever credit card officially launched in October 2020 to select customers, and now the company expanded its availability to allow more of Venmo’s community of customers to apply for the no annual fee card. The Venmo Credit Card can be used everywhere Visa credit cards are accepted, giving the opportunity to make purchases at millions of retailers worldwide in-store and online.

The Venmo Credit Card comes equipped with a personal Venmo QR code printed on the front. The QR code can be scanned with the mobile device to seamlessly activate the card once it arrives, or scanned by friends in the Venmo app so they can send a payment or split a purchase with ease. 

You already use Venmo to conveniently spend, share and manage your money – whether you’re splitting a payment with your friends for a shared experience, having your paychecks sent to your account with Direct Deposit on Venmo, or using Venmo to checkout online or in-store. 


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Keywords: Venmo, expansion, credit card, Synchrony, Visa, product launch, fee, retail, online payments, in-store
Categories: Payments & Commerce
Companies:
Countries: World
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Payments & Commerce






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