Venmo

Venmo is a mobile payment service owned by PayPal. Venmo account holders can transfer funds to others via a mobile phone app; both the sender and receiver have to live in the U.S. Venmo is a type of payment rail. It handled $31 billion in transactions in the first quarter of 2020.

Source: venmo.com

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PayPal: Venmo Volume Gains 29% to $61B, Super App in Focus
PayPal: Venmo Volume Gains 29% to $61B, Super App in Focus
February 01, 2022  |  News

First thing’s first: PayPal’s stock dropped 17% after hours in the wake of its fourth-quarter earnings report — shows the vagaries of earnings forecasts, of...

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Venmo Debuts Gift-Wrapping Feature
Venmo Debuts Gift-Wrapping Feature
January 13, 2022  |  Digital Payments

Venmo on Thursday (Jan. 13) unveiled its gift-wrapping feature, giving users a new way to send money to their friends and family members. Users can...

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Bitcoin Daily: Bitcoin Sees Price Spike Above $57,000 for a Brief Period
Bitcoin Daily: Bitcoin Sees Price Spike Above $57,000 for a Brief Period
November 24, 2021  |  Bitcoin

Bitcoin has continued a trend of surprising price spikes, passing $57,400 for a brief time on Wednesday (Nov. 24), a report from Cointelgraph says. The...

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Venmo Unveils Crypto Price Alert Tool
Venmo Unveils Crypto Price Alert Tool
November 12, 2021  |  Cryptocurrency

Venmo has rolled out a feature that lets customers set price alerts for the four cryptocurrencies on its platform. As the company announced on Friday...

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IRS Tightens Rules for Digital Business Payments
IRS Tightens Rules for Digital Business Payments
November 10, 2021  |  Taxes

For consumers who use services like PayPal, Venmo or Square to conduct business, next year’s tax season could be a lot more complicated. As CNN...

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PayPal, Crypto and the Continued Super App Evolution
PayPal, Crypto and the Continued Super App Evolution
November 09, 2021  |  Ecosystems

In the establishment of the connected economy, there’s room for cryptocurrencies, for digital wallets and for consumers to use cards in the mix to transact....

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PayPal: Venmo Coming to Amazon, Pay Later User Hit 9.5M
PayPal: Venmo Coming to Amazon, Pay Later User Hit 9.5M
November 08, 2021  |  Earnings

The biggest buzz for PayPal and its latest quarterly results released on Monday (Nov. 8) is a new partnership with Amazon that will allow U.S. shoppers...

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#VenmoU Cash Drop To Give Away up to $10K to College Students
#VenmoU Cash Drop To Give Away up to $10K to College Students
September 29, 2021  |  Cash

Venmo on Wednesday (Sept. 29) announced an all-day cash giveaway in partnership with Grammy-nominated rapper Jack Harlow called the #VenmoU Cash Drop. College students can...

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Bank Of The West: How Merchants Can Keep Pace With Emerging A2A, P2P Payment Preferences
Bank Of The West: How Merchants Can Keep Pace With Emerging A2A, P2P Payment Preferences
September 24, 2021  |  Next-Gen Debit

Consumers are expanding their use of peer-to-peer (P2P) payment apps, and merchants are taking notice. In the Next-Gen Debit Tracker, Bank of the West's Hisham...

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