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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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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Data Dive, Moving In And Moving On Edition: Apple, Venmo, Google And Visa
Data Dive, Moving In And Moving On Edition: Apple, Venmo, Google And Visa
August 19, 2019  |  Data Dive

The official end of summer is now less than two weeks away, but payments and commerce got an early jump on getting back to the fall...

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Real-Time Payments, Venmo And SCA Delay Top Week’s News
Real-Time Payments, Venmo And SCA Delay Top Week’s News
August 16, 2019  |  The Weekender

Top News Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

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Are Chinese Tech Stocks Set For Fizzle?
Are Chinese Tech Stocks Set For Fizzle?
August 15, 2019  |  Sizzle/Fizzle

A trade war tariff reprieve does not a sustainable rally make, at least not for Chinese tech stocks. However, the news Thursday (Aug. 15) was...

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P2P Payments Find Fresh Fuel As The 2020s Loom
P2P Payments Find Fresh Fuel As The 2020s Loom
August 14, 2019  |  Digital Payments

Peer-to-peer (P2P) payments are blazing a hotter path in the digital economy as the second half of 2019 gets underway – and there is fresh...

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Venmo Offers Instant Transfer To Bank Accounts
Venmo Offers Instant Transfer To Bank Accounts
August 12, 2019  |  Digital Banking

Venmo has added another option for instant transfer of money to a bank account, according to a blog post by the company on Monday (Aug....

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PayPal’s Q2 Rattles Investors
PayPal’s Q2 Rattles Investors
July 25, 2019  |  News

Product integration delays sent PayPal shares into a slump with growth forecasts below estimates — a top line hiccup, according to management — not lost...

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