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CNBC

CNBC

Business

Business & Economics

Venmo adds debit card perks, checkout options in push to catch rival Cash App

CNBC
Summary
Nutrition label

71% Informative

Pay with Venmo transaction volume jumped 50% in the first quarter .

45% of branded U.S. branded checkout now runs through PayPal 's upgraded Venmo platform.

Venmo Debit Card now offers 15% cash back at major retailers including Sephora, Walmart , Lyft, McDonald's , and Walgreens .

VR Score

76

Informative language

78

Neutral language

51

Article tone

formal

Language

English

Language complexity

47

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links