Venmo Welcomes Teens as Young as 13, With Parent’s Help
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PayPal Holdings Inc. is lowering the age requirement for its popular person-to-person payments app Venmo, allowing parents of children between the ages of 13 and 17 to sign them up for a teen account.
Parents will be able to monitor transactions and manage their children’s privacy settings, according to a statement Monday. Venmo was previously only available to those 18 and older.