Introducing the Venmo Credit Card

“We are pleased to deepen our longstanding relationship with PayPal and Venmo to bring the Venmo/Synchrony card to market,” said Dennis Bauer, Senior Vice President & General Manager of PayPal and Venmo at Synchrony. “The Venmo Credit Card sets a new standard in the industry through its auto-personalized rewards program in a native app experience that we feel Venmo customers will find very appealing.” 

“Venmo is one of the first platforms to successfully blend payments and social experiences at scale,” said Matt Dill, Senior Vice President Global Head of Digital Partnerships & Ventures at Visa. “We are really excited to help take that unique capability to the next level by partnering with Venmo and Synchrony to introduce a digital-first Visa credit card that will connect the Venmo community with Visa sellers worldwide.”

The Venmo Credit Card is now available for select customers to apply using the latest version of the Venmo app and will be available to all eligible Venmo customers in the U.S. in the coming months. To learn more, visit venmo.com/about/creditcard[2].

About PayPal

PayPal has remained at the forefront of the digital payment revolution for more than 20 years. By leveraging technology to make financial services and commerce more convenient, affordable, and secure, the PayPal platform is empowering more than 300 million consumers and merchants in more than 200 markets to join and thrive in the global economy. For more information, visit paypal.com[3].

About Synchrony

Synchrony (NYSE: SYF) is a premier consumer financial services company. We deliver a wide range of specialized financing programs, as well as innovative consumer banking products, across key industries including digital, retail, home, auto, travel, health and pet. Synchrony enables our partners to grow sales and loyalty with consumers. We are one of the largest issuers of private label credit cards in the United States; we also offer co-branded products, installment loans and consumer financing products for small- and medium-sized businesses, as well as healthcare providers.

Synchrony is changing what’s possible through our digital capabilities, deep industry expertise, actionable data insights, frictionless customer experience and customized financing solutions.

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