Venmo enables users to automatically buy crypto with ‘cash back’ rewards

Venmo enables users to automatically buy crypto with ‘cash back’ rewards

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....


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Venmo Credit Card Holders Can Now Buy Crypto With Cashback

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 […]

Venmo Is Letting Users Convert Cash-Back To Bitcoin For Free

The payments app has launched a new feature for its credit card offering that allows users to convert cash-back rewards into BTC for free.