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, Square Cash Vie For Stimulus Funds Distribution
Venmo, Square Cash Vie For Stimulus Funds Distribution
March 29, 2020  |  Payment Methods

Venmo and Cash App want to be considered as ways the U.S. government could deliver its stimulus funds to help the coronavirus-wrecked economy. The popular...

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Venmo App Lets Parents Create Debit Card For Kids
Venmo App Lets Parents Create Debit Card For Kids
February 24, 2020  |  Merchant Innovation

Venmo is branching out to target a new demographic in its payments service: teenagers, according to published reports on Monday (Feb. 24). A new proposed...

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Chevron And Texaco Apps Now Accept Venmo
Chevron And Texaco Apps Now Accept Venmo
February 12, 2020  |  Mobile Applications

Chevron has announced that its new Texaco and Chevron smartphone apps will have Venmo as an option for payment, according to a press release. Chevron...

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PayPal Hits 305M Active Users In Q4, Cautions Future Economic Uncertainty
PayPal Hits 305M Active Users In Q4, Cautions Future Economic Uncertainty
January 30, 2020  |  Earnings

PayPal put on a strong finish to 2019, managing to beat analyst estimates nearly across the board in terms of revenue, active usership and total...

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Venmo Launches Animated Custom Stickers For App Users
Venmo Launches Animated Custom Stickers For App Users
January 21, 2020  |  Payments Innovation

As of today (Jan. 21), users of cash-sending app Venmo will have the ability to send animated custom stickers through the app’s newsfeed. The stickers...

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Top News in Payments: Citigroup Names New Retail Banking Leader; NY Lawmakers Push For Public eBanking System
Top News in Payments: Citigroup Names New Retail Banking Leader; NY Lawmakers Push For Public...
January 08, 2020  |  News

In today’s top news, CitiGroup named David Chubak to head its retail banking division, lawmakers in New York proposed a public eBanking system similar to...

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NY Lawmakers Push For Public eBanking System
NY Lawmakers Push For Public eBanking System
January 08, 2020  |  Digital Banking

Lawmakers in New York have proposed a public electronic banking system that would essentially function like payment service Venmo, with the purpose of including more...

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Venmo App Goes Down Monday
Venmo App Goes Down Monday
December 30, 2019  |  Mobile Applications

Popular financial app Venmo briefly went down for a few hours on Monday (Dec. 30), the company confirmed, according to reports. The desktop version of...

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Data Dive: Dust-Ups, Hiccups And POS Attacks Edition
Data Dive: Dust-Ups, Hiccups And POS Attacks Edition
December 23, 2019  |  Data Dive

While peace on earth and goodwill toward men tends to be the theme in the last two weeks of the year, payments and commerce has...

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