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,
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.
including major U.S. carriers such as American, Delta, Southwest and United airlines, already accept payments using PayPal. Venmo, which is owned by PayPal, is a popular payment app in the United ...
including major US carriers such as American, Delta, Southwest and United airlines, already accept payments using PayPal. Venmo, which is owned by PayPal, is a popular payment app in the United ...
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UBS analyst Thomas Wadewitz revised the price target on JetBlue Airways (NASDAQ:JBLU) shares, reducing it to $5.00 from the previous target of $5.50. Despite the adjustment, the firm continues to recommend a Sell rating for the airline's stock.
JetBlue is the first airline to accept payments from the peer-to-peer payment app, which is owned by PayPal. Like Apple Pay, Google Pay, or PayPal itself, Venmo lets you complete a transaction without having to dig out your credit card or input your financial details into the website.
In an announcement last week, JetBlue says it's the first airline to accept payment for a plane ticket through Venmo. Many airlines already let you use PayPal (which owns Venmo), but this is the first airline partnership with the popular peer-to-peer payment platform.
In an announcement last week, JetBlue says it's the first airline to accept payment for a plane ticket through Venmo. Many airlines already let you use PayPal (which owns Venmo), but this is the first airline partnership with the popular peer-to-peer payment platform.
"We're continually looking for ways to make it easier to book a JetBlue flight on our website and mobile app."
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