Tidal has confirmed that it’s adding Venmo as a new payment method for subscribers. It has thus become the first music streaming service to allow subscribers to pay for their plans with Venmo. They will be able to select this as a payment option in the app and the company will charge their monthly subscription fee to their Venmo account or linked payment method.
“We want to ensure listening to music is a seamless experience for all users,” Tidal COO Lior Tibon said in a statement, adding that allowing subscribers to make payments using Venmo provides them with an “unmatched level of convenience financially.”
New Tidal subscribers will be able to select Venmo as a payment option when they’re signing up for the service. Existing users can switch to it from Tidals’ mobile website. Once it’s selected, Tidal will bill the Venmo account and if it happens to not have the required funds, the linked payment account would be charged then.
This doesn’t appear to be an exclusive arrangement between Venmo and Tidal so there’s nothing stopping the former to ink similar arrangements with other music streaming services like Spotify. Whether or not that ends up happening remains to be seen.