Venmo Launches ‘Cash Back to Crypto’ Feature
PayPal’s payment platform Venmo is expanding its cryptocurrency offerings with its new “Cash Back to Crypto” service.Sponsored Sponsored “Cash Back to Crypto” enables customers to automatically buy crypto from their Venmo account using cash back earned from purchases. Using this method, the purchases won’t have any transaction fees. Instead, there will be a cryptocurrency conversion spread built into each monthly transaction. According to Darrell Esch, senior vice president and general manager of Venmo at PayPal, customers can choose from four cryptocurrencies. Customers can use their cash back earned each month