"Venmo and Uber Expand Services to Teenagers with New Accounts and Debit Cards"
TL;DR
Venmo will officially allow teenagers to open accounts with parental permission, expanding the app's market to an age demographic that has been using it already. The Venmo Teen Account will come with a debit card and parental controls, including transaction monitoring and privacy settings. The move is in response to frequent requests from users and could create 25 million potential new customers. Other banks, such as Chase, have also created similar products for children and teenagers.
- Venmo to be officially available for teenagers, although many use it already The Associated Press
- Venmo is introducing accounts and debit cards for teens The Verge
- Venmo will soon have accounts for teenagers, with no-fee debit card and ATM access Engadget
- Uber program for teens launches in Phoenix ABC15 Arizona
- Uber launches teen accounts in Houston KPRC Click2Houston
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Read on The Associated Press