Uber remains one of the more dominant tech companies on the market. Despite the opposition of the ride-sharing app, it is still going strong. A new partnership with Venmo has been announced to offer a more seamless payment experience. Venmo payments will be integrated into the Uber and Uber Eats apps respectively.
Maintaining a dominant market position requires innovation. For Uber, that innovation comes in the form of adding new payment options. Introducing Venmo support for both Uber and Uber Eats seems like a smart decision. A lot of Venmo users have made Uber-themed payments in the past prior to the company accepting this payment option.
More Payment Convenience for Uber Users
Clients across the US can order rides and foods with Venmo. It is an additional payment option next to credit or debit cards and bank accounts. This new feature makes it a lot easier to split payments with friends and family members. This option will be supported at no additional fee. Sharing an Uber or Uber Eats experience in one’s Venmo feed is another option. Every small marketing push can go a long way in this day and age.
Uber Head of Payment Partnerships Marco Mahrus adds:
“Uber is always looking for unique new ways to provide an even better experience to our customers. With so many of our riders and eaters already turning to Venmo as a way to pay a friend back for that last ride or meal, we’re proud to have built a seamless, easy-to-use connection between our apps.”
The new payment method will begin rolling out in the coming weeks. For now, it remains a US-only venture. Uber has not commented on adding additional payment options for international clients. It is a smart step for its domestic market, though. Convenience trumps virtually everything else for US consumers. Venmo provides that convenience in the world of payments.