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Technology Venmo will launch its first credit card in 2020

20:40  17 october  2019
20:40  17 october  2019 Source:   engadget.com

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Today, Venmo announced that it's launching a credit card in partnership with Synchrony. The card should be ready in the second half of 2020, and users will be able to apply for, use and manage it through the Venmo app. Cardholders will get real-time, granular alerts and be able to easily split and share purchases.

a person sitting at a table with a cup of coffee

Synchrony already partners with Venmo's parent company PayPal, as well as many retail brands. As TechCrunch notes, adding a Venmo-branded card could help Venmo generate more revenue. Venmo launched a debit card last year, so it was only a matter of time before it added a credit card. It's actually surprising that it took this long.

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Synchrony

PayPal acquires the company behind the Honey deal-finding extension for $4 billion .
PayPal should have tried a coupon codeWhen you’re shopping on one of the 30,000 online retailers Honey works with, the extension will find coupon codes for things you add to your cart and attempt to automatically apply them for you. In my experience, though, the codes Honey finds don’t always work — Best Buy’s online store didn’t take a Honey-found coupon for an order I created for a Nintendo Switch, for example — but it’s a useful service to at least help you check for coupon codes before you buy something.

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