Unlike many traditional rewards programs, Venmo Stash is always on and flexible, evolving alongside customers as they engage across Venmo’s expanding suite of products and services.
Venmo, the money movement app redefining social payments for the next generation, has announced the launch of Venmo Stash, an innovative rewards program designed to give customers more value that grows with every interaction.
Unlike many traditional rewards programs, Venmo Stash is always on and flexible, evolving alongside customers as they engage across Venmo’s expanding suite of products and services.
Venmo Stash builds on the app’s evolution from a peer-to-peer payment app into an everyday commerce platform, designed to drive greater engagement with Venmo products. It incentivises users to do more with Venmo, bringing more funds into the ecosystem, spending in-store and online, and earning meaningful rewards.
The more customers interact with Venmo products, the more they can earn, with cash back going directly into their Venmo balance each month to spend however they choose.
“Traditional rewards programs make customers work for points they may never use. Venmo Stash flips that model—rewarding spending and money management habits our customers have already built with Venmo,” said Diego Scotti, General Manager of Consumer at PayPal.
“Our cash back multiplier allows us to grow adoption and usage of our different products and recognise our customers for doing more with more value back to them.”
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