JetBlue is the first airline to accept payments from the peer-to-peer payment app, which is owned by PayPal. Like Apple Pay, Google Pay, or PayPal itself, Venmo lets you complete a transaction without having to dig out your credit card or input your financial details into the website.

JetBlue announced this week that it will now accept Venmo payments, a first for the airline industry. The new arrangement has many advantages but also a few uncertainties, especially for travelers who live for their credit card’s bonus points.

Venmo payment options are the latest announcement in a broader effort from JetBlue to enhance its services and boost profits. The struggling low-cost carrier has searched for new revenue streams as larger airlines introduce their own budget options, increasing competition for those flyers.

JetBlue marks the latest in a growing number of companies, including online merchants like Amazon and eBay and brick-and-mortar stores like CVS, that have started accepting Venmo as a payment method.

JetBlue has announced it is the first airline to accept Venmo as a payment option when you book online. Whether you’re using your Venmo balance, a linked bank account, or even a credit card, paying for your flight just got a whole lot easier.

Venmo payment options are available on JetBlue website, and will roll out on carrier's mobile app in coming months.

JetBlue now takes Venmo in bid for young fliers - Customers can use Venmo to purchase flights on JetBlue’s website

JetBlue says you'll be able to purchase flights using your Venmo balance or linked bank accounts, debit cards or credit cards through the additional payment option. "We're continually looking for ...

JetBlue now allows U.S. customers to pay for flights using Venmo, providing a seamless option through jetblue.com, with mobile app integration coming soon. This move aims to enhance convenience for travelers, according to the airline.

Airline officials said that by accepting Venmo, it now offers customers an easy and secure payment option when they book flights directly with JetBlue online. As of Tuesday, the option was only available on jetblue.com. The airline said it would be available on its app in the coming months.

UBS analyst Thomas Wadewitz revised the price target on JetBlue Airways (NASDAQ:JBLU) shares, reducing it to $5.00 from the previous target of $5.50. Despite the adjustment, the firm continues to recommend a Sell rating for the airline's stock.

"We're continually looking for ways to make it easier to book a JetBlue flight on our website and mobile app."