October 23rd, Lyft, the rideshare APP announced in its official blog that Lyft riders will soon be able to pay with Venmo and easily split the cost of their ride. From then on, Venmo will become another payment choice, apart from PayPal, credit card, debit card and Lyft Cash.
Using Venmo for payment, there’s only one step: the Lyft riders authorize the new payment method in the APP. As Lyft said, the new payment method will be rolled out in October. Previously, Uber has already support Venmo since 2018. Venmo could be regarded as a social network on financial basis. It helps the users to split all kinds of payment.
After the ride, users can open Venmo and choose Lyft in their payment options. Venmo will then ask the users to choose the other users who need to share the cost together. Previously, Lyft has once released cost splitting function in their APP, while it is removed at present.
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