Venmo payment options are the latest announcement in a broader effort from JetBlue to enhance its services and boost profits. The struggling low-cost carrier has searched for new revenue streams as larger airlines introduce their own budget options, increasing competition for those flyers.
Starting today, U.S.-based travelers can now use Venmo to pay for flights at checkout, the airline announced in a statement. This widely used peer-to-peer mobile payment app, powered by PayPal, allows users to send payments to individuals and retailers using their Venmo balance, linked bank accounts, or debit and credit cards.
JetBlue has become the first airline to accept Venmo for flight bookings, offering travelers a seamless payment option via the JetBlue app.
Catch up on the latest business headlines with Jane King, including a recall of space heaters and JetBlue accepting Venmo payments.
Shares of United Airlines Holdings Inc (UAL) rose over 3% in Wednesday’s pre-market session after the company’s fourth-quarter earnings topped Wall Street expectations, and projections for the current quarter also beat estimates.
JetBlue (JBLU) is now accepting Venmo (PYPL) as a payment option for flights booked on its website, making it the first airline to do so, the company announced on Tuesday.