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.

Starting today, U.S.-based travelers can now use Venmo to pay for flights at checkout, the airline announced in a statement. This widely used peer-to-peer mobile payment app, powered by PayPal, allows users to send payments to individuals and retailers using their Venmo balance,

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"The added ability to pay with Venmo for flights on JetBlue and manage travel costs during the trip through Groups helps solve the pain points of shared expenses from the time of booking to returning home," PayPal's John Anderson, senior vice president and general manager of consumer, said in a statement.

JetBlue is flying into the future after becoming the first airline to accept Venmo as payment for booking flights. The company announced on Tuesday that you will have the option to use Venmo to pay for your flights when booking through the airline’s main website. The feature hasn’t hit the app yet, but will in the coming months, CBS News reported.

JetBlue is adding a new premium travel tier to its flights with perks including more leg room, two complimentary alcoholic drinks and early boarding as part of the airline’s blitz of higher-end options to draw more travelers to its flights.