Venmo unveils cashback rewards program

Wednesday 30 October 2019 11:05 CET | News

PayPal’s P2P platform Venmo has announced it is launching its first rewards program that pays cash back to customers when they use their card at participating merchants.As per a blogpost, these include Target, Dunkin' and Chevron stations. Moreover, the limited time rewards will be offered by new retailers after existing offers expire. Also, the rewards cash will automatically be deposited back into customer accounts. 

Users can track their earned rewards in the 'my feed' section of the mobile app. Among the cashback rewards, purchases are paying back the following:

  • Cashback rewards of 5% at Target, Sephora, Chevron, Papa Johns, and more;
  • Cashback rewards of 4% back at Dunkin', Sam's Club.

More: Link

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Keywords: Venmo, launch, cashback, rewards program, retailers, merchants, mobile app
Categories: Payments & Commerce | Online Payments
Countries: World
This article is part of category

Payments & Commerce