Sections
Venmo
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1.6KDigital BankingPayments Remain Key To Customer Service For Bank Of The West
Most consumers look at banking as a time-consuming chore. They have many options to choose from and their loyalty can be fickle,...
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3.0KDigital PaymentsAs P2P Payments Spreads Its Wings, Challenges Loom
The spotlight burned brighter for peer-to-peer (P2P) payment services in the first quarter of 2019, with those payment methods finding popularity among...
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3.2KNewsAmazon’s Bitcoin Embrace And Cannabis Burgers Top The Week’s News
The end of a busy week provides a chance to catch up on the biggest news from the world of digital payments...
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5.0KEarningsPayPal Q1: Venmo Users Hit 40M, Payments Volume Dips
Venmo took center stage during PayPal’s Q1 2019 earnings report as PayPal CEO Dan Schulman released user numbers for the first time: 40...
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2.6KEarnings
PayPal Q1 Payments Volume Dips, Venmo User Base Grows
Payments app Venmo reached 40 million users at the end of Q1. This is the first time parent company PayPal has revealed any user...
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3.9KDigital PaymentsZelle Processes $39B In Q1
Digital payment company Zelle sent $39 billion through its network on 147 million transactions during the first quarter of this year, the...
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5.7KDigital PaymentsPayPal Eyes Credit To Monetize Venmo
Venmo, the digital payments company, is reportedly considering launching credit cards as a way to profit from its large customer base. According...
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2.9KPayment MethodsUber Eats Now Supports Apple Pay
Uber announced on Wednesday (April 17) that it is adding Apple Pay to its popular Uber Eats app, according to reports. Customers...
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1.9KDisbursementsDeep Dive: Where Disbursements Fall Short
P2P services like Venmo and Zelle enable users to quickly transfer funds via their smartphones, and the speed and convenience they offer...
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6.4KDisbursementsWill Disbursements Put Payday Cycles Out To Pasture?
The rise of fast-acting payment solutions is changing the way businesses and governments issue payments to consumers and citizens. Demand for instant...
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5.1KPayment MethodsVenmo Pursues Customers With Negative Balances
Venmo, the digital money transfer company owned by PayPal, is going after consumers who have a negative balance in their accounts. According to...
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4.6KSecurity & FraudSchoolsFirst Federal Credit Union’s Lesson In P2P Security
Usage of Zelle surged in 2018, with $119 billion exchanged in P2P transfers on the platform. That volume has attracted fraudsters eagerly...
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7.1KFaster PaymentsWhy Digital Disbursements Need More Than Speed
When it comes to payments, consumers overwhelming prefer them to be faster. It’s a trend visible in the latest edition of the...
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4.6KRetailChipotle’s Loyalty Program And Developing A Digital Experience
Though Chipotle rolled out its points-based loyalty system nationwide yesterday, the upgrade itself has been a long time coming. The fast casual...
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6.0KDigital PaymentsVenmo, Chipotle Pair On Loyalty Program
Chipotle Mexican Grill has teamed up with Venmo to expand its loyalty program amid huge growth of its digital platform. The quick-service...
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2.2KToday In DataPicking Up The Pace Of Payments To Stay Competitive
Consumers have been trained – by Venmo and other P2P payments providers in the U.S. and around the world – to expect...
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8.7KNewsVenmo, Girl Scouts And Bitcoin: The Week In Unexpected Upsides
Usually when we talk about unintended consequences here at PYMNTS, we are talking about something that has gone terribly wrong, or at...
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6.7KMobile CommerceVenmo Debuts Limited Edition Rainbow Card
Today Venmo will be rolling out its latest card offering for consumers. Joining the lineup of the six brightly colored, Mastercard-branded debit...
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11.7KDigital PaymentsPayPal’s Schulman: Digital Payments To Be $100T Market
There are markets, and there are $100 trillion markets. And might digital payments be in that $100 trillion classification? In an interview...
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2.5KRetailWhy Subscription Merchants Are Offering Mobile Optimization With Payments
From consumer packaged goods (CPG) to technology, companies in all sorts of industries are adopting the subscription business model. But, despite the...
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3.2KDigital PaymentsTidal Music Streaming Service Now Accepts Venmo
Tidal, the music streaming service owned by Jay-Z, now accepts Venmo as a way to pay for the service, according to reports....
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8.9KDigital PaymentsVenmo And Zelle’s P2P Battle Royale
The fourth quarter of 2018 was kind to Venmo and Zelle, the two big peer-to-peer (P2P) services that are battling for consumer...
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4.9KEarningsPayPal’s Hit And Miss For Q4
PayPal kept its 2018 earnings beat streak alive, notching its fourth consecutive earnings beat with its Q4 results announcement yesterday (Jan. 30). Revenue, however, was...
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3.0KCommentaryModo CEO: 2018 Was The Year Of Utility
Bruce Parker, founder and CEO of Modo, contributed the following piece as part of PYMNTS’ 2018 year-end eBook. ’Twas December 2017, and...
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9.2KDigital Payments
Venmo Payment Fraud Leads To $40M In Losses
Venmo, the digital money transfer service owned by PayPal, suffered payments fraud earlier in 2018 that played a role in the company...
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4.9KeCommerceBigCommerce Now Supports Venmo, Masterpass
BigCommerce, the eCommerce platform for fast-growing and established brands, announced Wednesday (November 14) the addition of Venmo and Masterpass as supported payment...
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5.1KRetailRetailers Team With Providers For eCommerce Payments’ Tear
Online shopping is on a tear, and marketplaces are reaping the rewards. Some sites are seeing more active buyers and higher gross...
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5.9KDigital PaymentsVenmo Now Accepted At Shopify Merchants
Shopify announced late last week that it is adding Venmo as a checkout option for its Shopify Merchants that use PayPal checkout....
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5.9KDigital PaymentsZelle, Venmo P2P Payments Race Gains Fresh Fuel In Q3
The third quarter proved more than kind to peer-to-peer (P2P) payments, at least according to financial results for the two main competitors,...
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4.9KPayments InnovationPayPal Shares Jump On Positive Venmo, Earnings News
Following a third-quarter earnings and revenue beat as well as a strong quarter for Venmo, shares of PayPal jumped 9 percent on...
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5.0KEarningsPayPal Posts 25 Pct Jump In Payments Volume
PayPal posted results Thursday (Oct. 18) after the markets closed that showed double-digit growth in overall transaction volume and payments volume, and...
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7.5KFaster Payments
Venmo Raises Rate For Instant Transfers
Venmo, the digital payment unit of PayPal, has raised the fee for instant transfers when moving money from their account to a...
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6.2KPersonnelSquare CFO Departs, Shares Sink
Square announced that its CFO is stepping down, which caused the company’s shares to fall in after-hours trading. Square’s CEO Jack Dorsey...
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4.8KDisbursementsWhy Gig Workers Prefer PayPal Over Direct Deposit
In the latest Disbursements Tracker, PYMNTS looks at why a growing group of gig workers and freelancers would rather be paid via...
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4.0KDeliveryFood Delivery Firms Battle To Stand Apart As Business Grows
Food delivery is moving into a higher realm, one that is about much more than ordering up a meal via a mobile...
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6.1KMobile Applications
Square Eyes Banking Services Via Cash App
Square is in consideration of offering traditional banking services through its peer-to-peer (P2P) payment app. At Recode’s annual Code Commerce conference in...
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5.6KPayments InnovationPayPal Smart Buttons Goes Global
Two and a half months ago, PayPal launched Smart Buttons in the U.S. as a way to improve the checkout experience for...
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5.0KStartup Check-InHow Banks Can Connect To Emerging Payment Methods
Banks have honed their systems for decades to manage payments seamlessly and efficiently, while providing great client service with Titanic amounts of...
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5.3KSecurity & Fraud
Venmo Might Get Rid Of Public Transaction Posts To Protect User Privacy
Executives at PayPal are deciding whether they should remove the option to post and view public transactions on Venmo. According to Bloomberg,...
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2.6KData DiveData Dive: Expanding Efforts — Good, Bad And Unpredictable
Variety, we are told, is the spice of life — and it is important to always try new things. Sometimes this is...
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16.0KPayment MethodsZelle Eyeing Expansion Into Small Business Payments
Zelle, the digital payment app that enables consumers to send money to friends and family, is gearing up to expand its offering...
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3.7KMobile PaymentsSquare Cash Downloads Top Venmo
Cumulative downloads of Square‘s Cash App surpassed PayPal‘s Venmo for the first time ever after Square’s service grew three times faster than its...
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3.4KEcosystemsA Bundle Of Contradictions: The Online Privacy Landscape
At first glance, 2018 is shaping up to be a year that has brought meaningful consumer, regulatory and legislative backlash against lax...
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3.5KRetailAbercrombie & Fitch Adds Venmo To Mobile Apps
Abercrombie & Fitch is adding Venmo to its app, and the Hollister app, in an effort to bring a payment option geared...
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3.9KMobile PaymentsVenmo Critics Cite Ongoing Privacy Concerns
As PayPal tries to turn Venmo into a mainstream payments app, there are concerns over consumer privacy. Venmo users link their bank...
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8.0KDigital Payments
Zelle P2P Volume Grew To $28 Billion In Q2, Against Venmo’s $14 Billion
Venmo, the P2P service owned by PayPal, took in more than $14 billion in payments volume during the second quarter of 2018,...
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3.9KEarningsPayPal Pays A Price For A Disappointing Revenue Forecast
PayPal second quarter earnings were in yesterday (July 25), and despite the fact that PayPal beat analysts’ expectations on revenue, usership and...
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3.5KData DiveWinning, Losing And Playing Catch-Up
While the world loves to pick winners and losers – and will occasionally turn things into horse races that possibly shouldn’t be...
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4.6KMobile PaymentsSnapchat Exits P2P
Snapchat is closing down Snapcash, its peer-to-peer payment space, on August 30. According to reports, there is code buried in Snapchat’s Android...
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6.9KMobileZelle Catches A Growth Wave, Threatening Venmo
The Q2 earnings season has just kicked off, and it’s already helping shedding light on recent developments in the peer-to-peer (P2P) world...
