Published on July 12th, 2018 | by Chuck4
Uber Partners with Venmo for Seamless Payment Option
Uber and Venmo announced today a partnership to have Venmo as a payment option directly in the Uber app. Venmo will be an option both for Uber rides and UberEats.
You’ll be able to use your Venmo balance or a linked credit card, debit card, or bank account to easily split the cost with family and friends. The option is set to go live in the coming weeks.
Venmo found over 6 million payments tagged as ‘Uber’ in their description over the past year, making it a natural choice to integrate directly in the Uber app.
Uber is always looking for unique new ways to provide an even better experience to our customers. With so many of our riders and eaters already turning to Venmo as a way to pay a friend back for that last ride or meal, we’re proud to have built a seamless, easy-to-use connection between our apps.
Don’t see any exciting category bonus gains here on a regular basis. Venmo has been working to get 3x on CIP, but CIP should work to earn 3x on Uber directly due to the travel category. Anyway, this could be a convenient way of paying or splitting a ride. Paypal may have attracted a larger audience, but Uber is probably more after getting the chic and young feel of Venmo.