Teenagers will officially be allowed to open a Venmo account with their parent's permission, the company said Monday, expanding the popular social payments app to a age demographic that is likely to embrace it almost immediately.
Using Venmo won't necessarily be new to a good number of teens — parents often set up accounts for their children through their own accounts, which is a violation of Venmo's terms of service. There have been guides on the Internet for some time showing parents how to create a child's account without Venmo penalizing them.
