Paypal’s Venmo Launches ‘Cash Back to Crypto’ Feature to Auto Purchase Crypto...
Venmo, a Paypal service, has introduced the “Cash Back to Crypto” feature to allow credit card customers to automatically buy four types of cryptocurrencies with their cash back without incurring transaction fees. Cash Back to Crypto on Venmo Payments giant Paypal announced Tuesday a new feature on its Venmo platform called “Cash Back to Crypto” that enables Venmo credit card customers to “use monthly cash back in their Venmo account to auto-purchase cryptocurrency of choice, with no transaction fees.” The announcement details: Starting today, Cash Back....
Related News
Paypal-owned payments firm Venmo has expanded its crypto support by enabling credit cardholders to convert their cash back rewards into four digital assets hosted on the platform. Paypal-owned payments firm Venmo has launched a new crypto 'cash back' feature that includes zero transactions on crypto purchases. According to an Aug. 10 announcement, Venmo’s “Cash Back to Crypto” service went live yesterday and enables credit card customers to spend their cashback rewards on digital assets hosted on the platform. Say hello to Cash Back to Crypto with the Venmo Credit Card, rolling out to....
Venmo has announced the rollout of its “crypto on Venmo” service, allowing over 70 million users to buy, sell, and hold four types of cryptocurrencies, including bitcoin, using the popular Venmo app. Venmo’s new crypto service further shows Paypal’s commitment to the crypto space, the company detailed. Venmo Launches Crypto Service Venmo, a service by Paypal, announced Tuesday the launch of “crypto on Venmo,” which it described as “a new way for Venmo’s more than 70 million customers to buy, hold and sell cryptocurrency directly within the....
Bitcoin.com spoke with a Wall Street trader on why PayPal’s centralized P2P payment system Venmo is preferred among his circle over Bitcoin to uncover what is preventing the cryptocurrency from breaking into the mainstream. It appears that the never ending stream of Bitcoin eulogies is not slowing down anytime soon, as the world’s first decentralized....
Venmo is following in the footsteps of its rival, Square’s Cash App, by introducing cryptocurrency trading. Payments app Square made headlines — and dollars — when it integrated Bitcoin trading into its mobile platform back during the crypto bull market of winter 2017. Now, rival payments firm Venmo, owned by PayPal, is following suit by launching cryptocurrency trading for four major coins: Bitcoin (BTC), Ether (ETH), Litceoin (LTC) and Bitcoin Cash (BCH).Beginning on Tuesday and set to be widely available within the new few weeks, Venmo’s 70 million+ customers will be able to buy, hold....
A recent announcement by PayPal has revealed that Venmo users can now convert cashback rewards to crypto. The new feature will allow credit card-holding customers to be able to purchase crypto on their accounts. But they would only be able to do so using the cashback rewards earned for their spending. The feature is known […]