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May 23, 2023

Venmo starting service for teens

NEW YORK (AP) — Venmo will officially allow teenagers to open an account with their parents' permission, the company said Monday, expanding the popular social payments app to a demographic that is likely to embrace it almost immediately.

Venmo has been so popular with families even before this announcement that parents often set up accounts for their children, which is a violation of Venmo's terms of service.

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