TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer said investors are missing something key about PayPal's (PYPL) Venmo.

"Venmo is a community of millions that use it constantly," Cramer said, adding that the Zelle competitor from Bank of America (BAC) is not used constantly. 

For exclusive investing insight from Jim Cramer, get 24/7 access to Jim's charitable trust portfolio with a free trial to Action Alerts PLUS!

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