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 Card Now Offers Cash-Back Rewards
Venmo Card Now Offers Cash-Back Rewards
October 29, 2019  |  Payment Methods

Venmo, the peer-to-peer (P2P) payments platform from PayPal, is rolling out a cash-back rewards program for its Venmo Mastercard debit card at certain retailers, Venmo...

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PayPal Active User Base Grows 16 Pct, Hits 295M
PayPal Active User Base Grows 16 Pct, Hits 295M
October 23, 2019  |  Earnings

PayPal reported third-quarter results Wednesday that showed continued growth in peer-to-peer (P2P) transactions and customer engagement — and the firm passed a monthly billion-transaction milestone....

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Top News In Payments: PayPal To Roll Out Venmo Credit Card; Mastercard Teams With WHSmith For Pay By Bank
Top News In Payments: PayPal To Roll Out Venmo Credit Card; Mastercard Teams With WHSmith...
October 18, 2019  |  News

Today in the payment’s news roundup, PayPal is teaming with Synchrony Financial to put forward a Venmo co-branded credit card next year. Also, Mastercard is...

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PayPal Launches Venmo Credit Card
PayPal Launches Venmo Credit Card
October 17, 2019  |  Payment Methods

Online payments giant PayPal is teaming with Synchrony Financial to roll out a Venmo co-branded credit card next year, marking a first for the peer-to-peer...

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Why Paper Checks Continue To Dominate Online Rebates
Why Paper Checks Continue To Dominate Online Rebates
October 03, 2019  |  Disbursements

Checks are still used for 75 percent of rebate payouts, but the tide may finally be turning. Online rebate providers are experimenting with new payout...

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As The Wind Blows, The Shift From Paper To P2P Payments Builds
As The Wind Blows, The Shift From Paper To P2P Payments Builds
September 12, 2019  |  Digital Payments

The frustration is a common one, and a form of friction very well-known to the PYMNTS New Orleans Bureau, in fact: having to send a...

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eBay: 24 Years In, A Look Back
eBay: 24 Years In, A Look Back
September 03, 2019  |  eCommerce

Today if one says the word eBay anywhere in the U.S. — and in multiple spots around the world — you will be hard-pressed to...

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Crypto.Com Creates Social Payment App
Crypto.Com Creates Social Payment App
August 19, 2019  |  Cryptocurrency

Crypto.com has launched “Pay Your Friends,” which will allow for no-fee, direct crypto payments and offers a $50 equivalent in rewards for getting friends to...

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