Venmo payment app diversifies with credit card QR code launch

Credit card QR code - Venmo Credit Card

The mobile payments company has taken its first steps into the plastic card business with mobile features. Payment app Venmo, owned by PayPal Holdings Inc., has launched its first physical payment option with a credit card QR code prominently displayed on the front. The option to apply for this payment method is being rolled out in a gradual way. The cards themselves, featuring the credit card QR code, are issued by Synchrony Financial. The first wave of availability is to US consumers, according to the company. Cardholders can opt for…

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