“I’ll Venmo you.” The phrase is now ubiquitous, as the money transferring service has helped friends settle drink tabs and office mates split lunch bills with ease. Now Venmo is taking its powers to the real world with the Venmo Debit Card. In collaboration with Mastercard, the Venmo Debit Card allows owners to use their Venmo balance to pay for things in stores that accept Mastercard. That makes it a lot like a regular debit card, but Venmo has some high tech tricks up its sleeves to make this piece of plastic a little more unique. If you lose the card, all you have to do is swipe in the app to disable it so no one else can make purchases. Payments don’t require inserting a chip or swiping the card; all you need to do is tap to pay. Plus, Venmo keeps track of your purchases, so you don’t need the receipt to try and split a purchase. The card is currently a limited release, so hop in the Venmo app to put your name on the list.
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