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
In an earnings season defined by diminished expectations amid the worldwide economic shutdown, PayPal not only beat analysts’ expectations Wednesday (July 29) but enjoyed a...
In today’s top news, Amazon will expand its Amazon Fresh delivery service in the U.K., and Mastercard and the Bank of Shanghai have expanded cross-border...
“Be careful what you wish for – you just might get it.” Get the Full Story Complete the form to unlock this article and enjoy...
Plaid is facing a lawsuit which alleges that it has violated users’ privacy and used customers’ private data in inappropriate manners for years, affecting over...
In today’s top news, the CEOs of the four biggest tech companies will testify before Congress over antitrust issues, and Venmo introduced business payments for...
Venmo will introduce a new feature for businesses to accept payments separate from the individual owner’s account, a press release says. Get the Full Story...
People love to predict traditional money’s imminent demise. Countless think pieces have been written about how cash is on its last legs, but somehow it keeps...
PayPal will offer direct cryptocurrency sales for customers, CoinDesk reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....