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
More consumers are turning to digital methods to pay friends and retailers during the global health crisis. Shoppers are looking to avoid exchanging cash and...
In today’s top news, LendingClub gets approval to acquire Radius Bancorp, and GDPR fines have escalated as European regulators step up enforcement. And Plaid plans...
The year 2020 has been disruptive across the board for consumers — changing how they shop, how they work, how they play, how they spend...
The use of QR codes is growing more popular in the United States, enabling consumers to instantly access information and easily pay on their smartphones...
Venmo, a mobile payments service, announced Monday (Jan. 4) it has launched a new Cash a Check feature — and that it will waive the...
Burger King has launched a new promotion called the “$1 Your Way Menu” and in conjunction will put $1 in some Venmo users’ accounts through...
PayPal will allow customers to cash their next stimulus checks free of charge, according to a press release. The payments giant said in the release...
Consumers and businesses alike have long been familiar with digital payments, but both now expect smoother payment experiences as the COVID-19 pandemic’s financial impacts continue. Friction points that once proved...
American Express is teaming up with PayPal and Venmo to offer a new way for their customers to send money, split purchases and manage their...