Venmo Expands Cash-Back Rewards Program

Venmo, a PayPal-owned company, has broadened its Stash cash-back rewards program. This expansion signifies Venmo's strategic shift from a simple peer-to-peer payment application to a comprehensive money movement service. Users can now earn cash back on purchases made with a variety of popular lifestyle brands. The move aims to enhance user engagement and provide greater value beyond basic money transfers, aligning with the company's broader financial ecosystem strategy.