Venmo, the popular digital payment app owned by PayPal, has launched its own physical credit card. Issued by Synchrony Bank and powered by Visa, the no-fee card is available in five vibrant designs. It comes with a unique QR code on the front and an RFID-enabled chip, so customers can tap to pay for a contact-free transaction. A personalized cash-back program automatically rewards users in their most popular spending categories. Applications for the Venmo credit card are now available for a limited number of users who have had an account for at least 30 days. Scroll down for video Issued by Synchrony Bank and powered by Visa, Venmo’s no-fee card comes with a QR code that makes it easy to split purchases and an RFID-enabled chip, so customers can tap to pay for a contact-free transaction A QR code on the face of the card can be scanned via your phone’s camera to activate the card, or by friends in the Venmo app to send a payment or split purchases. Customers earn cash rewards from what they spend the most on – up to three percent in their top spending category, up to two percent on the second highest, and up… Read full this story
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Venmo launches physical credit card backed by Visa with a scannable QR code for contactless payments and an individualized cash-back program have 241 words, post on www.dailymail.co.uk at October 5, 2020. This is cached page on Europe Breaking News. If you want remove this page, please contact us.