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Abercrombie Adds Venmo As Payment Option

In an effort to satisfy its Millennial customers, Abercrombie & Fitch is accepting Venom for online payment. The PayPal subsidiary allows users to exchange money in a social-centric setting, complete with emojis and a newsfeed. The retailer, which targets 21- to 24-year-olds through its Abercrombie brand and teens through Hollister, said mobile app customers are visiting the brands twice as often as the average web customer.

Read the whole story at New York Business Journal »

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