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Business Wars Daily

Venmo Rolls Out New Accounts for Teens

Business Wars Daily

Audible

Business, Business News, News, Daily News

4.6717 Ratings

🗓️ 30 May 2023

⏱️ 6 minutes

🧾️ Download transcript

Summary

Today is Tuesday, May 30, and we're looking at Venmo vs. PayPal.

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Transcript

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0:00.0

Wonderly Plus subscribers can listen to Business Wars daily ad-free right now.

0:04.8

Join Wonderly Plus in the Wondery app or on Apple Podcasts.

0:08.5

How do I cope with waiting for results?

0:11.6

It's all I can think about.

0:13.5

Is the cancer going to come back?

0:16.0

I can't sleep.

0:17.6

How do I stop worrying?

0:19.5

We know what goes through your head when you're living with

0:21.7

cancer. The questions, the anxieties. We understand because we've been there too. If you or

0:27.9

someone you care about has been diagnosed with cancer, McMillan Cancer supports online community

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can help from day one. It's a free, safe, online forum for people with cancer to connect anonymously.

0:39.8

No question is too big or too small. With over 80,000 members, we get it. We've been there.

0:46.3

Whatever you need to ask, we're here. To join, search McMillan online community.

1:05.6

Thank you. McMillan Online Community. From Wondry, I'm David Brown, and this is Business Wars Daily on this Tuesday, May 30th.

1:10.5

Ah, parenting. It can be one of the most rewarding jobs in the world, and this is Business Wars Daily on this Tuesday, May 30th. Ah, parenting. It can be one of the

1:12.6

most rewarding jobs in the world, and one of the toughest, too. Parents want to teach their children

1:17.4

many things. The joy of being a lifelong learner, the importance of being kind, why you really

1:22.8

need to sniff the weak old milk before you take a big gulp of it. Among the most important things parents

1:28.4

can teach their children is how to manage money, and that can be tough in this world where so many

1:33.1

transactions are made with cards and apps that young people can't open for themselves until

1:38.8

they're 18. Financial Technology or FinTech company Venmo wants to help.

1:49.3

Last week, Venmo announced the launch of teen accounts, which give minors a way of sending and receiving money. Parents or guardians can open a Venmo teen account on the child's behalf, linking

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