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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Venmo Launches Credit Card Featuring User QR Codes
Venmo Launches Credit Card Featuring User QR Codes
October 05, 2020  |  Payment Methods

Venmo, the mobile payment service owned by PayPal, announced Monday (Oct. 5) it has introduced its first-ever credit card issued by Synchrony and powered by...

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Pandemic Has Consumers Embracing QR Codes And Contactless Payments
Pandemic Has Consumers Embracing QR Codes And Contactless Payments
October 05, 2020  |  Digital Payments

While the global pandemic has taken a toll on almost every business, consumer demand for all things touchless is surging — and has even been...

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Visa, PayPal Expand Global Real-Time Payments Partnership
Visa, PayPal Expand Global Real-Time Payments Partnership
September 10, 2020  |  Global Payments

As the pandemic fuels digital payments, Visa and PayPal have expanded ways for small to medium-sized businesses (SMBs) and consumers to move money quickly, according...

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Deep Dive: Harnessing Cloud Technology To Accelerate And Secure Real-Time Payments
Deep Dive: Harnessing Cloud Technology To Accelerate And Secure Real-Time Payments
August 28, 2020  |  Payments Innovation

The payments economy is continuously growing and becoming more digital. The global mobile payments market was valued at more than $3.7 trillion in 2019 and...

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How The COVID-19 Pandemic Is Pushing Checks Out Of The Investment Disbursement Business
How The COVID-19 Pandemic Is Pushing Checks Out Of The Investment Disbursement Business
August 10, 2020  |  Disbursements

Fifty-seven percent of millennial investors want their dividends and payouts from those investments just like they want everything else: right now. In our latest Disbursements...

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Deep Dive: The Pressures Pushing Banks To Modernize Their Payments Infrastructures
Deep Dive: The Pressures Pushing Banks To Modernize Their Payments Infrastructures
August 10, 2020  |  Payments Innovation

A multitude of payments flow between businesses, government agencies, individuals and others in the U.S. The Federal Reserve recently estimated that there were 174.2 billion...

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Cloud Technology For FIs, Debit Cards, Potential Credit Card Default Crisis Top This Week’s News
Cloud Technology For FIs, Debit Cards, Potential Credit Card Default Crisis Top This Week’s News
July 31, 2020  |  The Weekender

It’s the end of the work week, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments...

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Today In Payments: Enova To Aquire OnDeck In $90M Deal; PayPal Reports Record Quarter
Today In Payments: Enova To Aquire OnDeck In $90M Deal; PayPal Reports Record Quarter
July 30, 2020  |  News

In today’s top news, Enova will purchase OnDeck in a $90 million stock and cash deal, and PayPal reported record second-quarter earnings. Plus, the testimony...

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