When the feature goes live, "Pay with Venmo" will pop up as a payment option within the ride-sharing app's menu.
Uber said that more than 6 million people mentioned the ride-sharing company in Venmo transactions in 2017, presumably splitting rides with friends. The two companies contend this collaboration will simplify that fare-splitting process. Uber customers will also be able to pay for UberEATS, the company's food delivery venture, with PayPal-owned Venmo, too.
“Adding Venmo as a way to pay within Uber and UberEATS furthers our mission to provide a seamless way to pay for the services that matter most to our customers,” PayPal COO Bill Ready said in a statement.
Uber is the first ride-sharing company to directly feature a Venmo payment option within its app. But, the agreement is not exclusive, so Uber's top competitor, Lyft, could also potentially add the option down the line.
H/T: Tech Crunch










