"Venmo and Uber Launch Teen-Focused Features and Debit Cards"
TL;DR
Venmo is launching teen accounts, which allow parents to open an account for their teenagers to send and receive money. The account comes with a Venmo Teen Debit Card and is managed by the parent's personal Venmo account. Parents can monitor transactions, manage privacy settings, and send money to their teen. Teens can track their own spending and may be eligible to receive direct deposits. Venmo is targeting young consumers and parents to build money management skills together. The Venmo Teen Account is rolling out to select customers next month and will be widely available in the coming weeks.
- Venmo targets young consumers and parents with new teen accounts and debit card TechCrunch
- An inside look at Uber's new feature for the next generation of riders GMA
- Venmo to be officially available for teenagers, although many use it already KSL.com
- Venmo will soon have accounts for teenagers, with no-fee debit card and ATM access Engadget
- Inside new Uber for teens features l GMA Good Morning America
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