Crypto.Com Launches Social Payment App to Rival Venmo By Cryptovest

Crypto.Com Launches Social Payment App to Rival Venmo announced the launch of its Pay Your Friends app today, to potentially compete with the business model of Venmo. The app allows for direct, no-fee crypto payments, and is incentivized with $50 equivalent in rewards for adding friends that also stake Chain (CRO). moved on to app-based activity, in a drive to popularize digital assets. In addition to its debit card business, is adding to financial innovation with direct in-app payment. With the latest launch, competes with payment systems like Venmo and Revolut, as well as Circl…

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