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)

QR Codes Gain More Mainstream Traction Through PayPal And Fiserv
QR Codes Gain More Mainstream Traction Through PayPal And Fiserv
April 27, 2021  |  Mobile Payments

In the latest evidence of how what’s old is new again — or at least of a technology that’s continuing to find its moment amid...

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Fiserv Delivers POS QR Codes With PayPal And Venmo
Fiserv Delivers POS QR Codes With PayPal And Venmo
April 27, 2021  |  Payment Methods

Global payments platform Fiserv is teaming up with PayPal and Venmo to introduce QR codes for payments at the checkout process. Small and medium-sized businesses...

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Today In Payments: Amazon’s Biometric Tech Lets Whole Food Shoppers Pay By Hand; Venmo Users Can Now Buy, Sell, Hold Crypto
Today In Payments: Amazon’s Biometric Tech Lets Whole Food Shoppers Pay By Hand; Venmo Users...
April 21, 2021  |  Payment Methods

In today’s top news, Amazon is launching its pay by hand technology in Seattle Whole Foods stores, and Venmo users can now trade in cryptocurrencies....

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Venmo Users Can Now Buy, Sell And Hold Cryptocurrency
Venmo Users Can Now Buy, Sell And Hold Cryptocurrency
April 20, 2021  |  Cryptocurrency

PayPal’s peer-to-peer (P2P) payment app Venmo is now offering its estimated 77 million users an entrée into the cryptocurrency arena, the company said in a...

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How The Pandemic Is Accelerating P2P, Mobile Wallet Personalization Among Online Shoppers
How The Pandemic Is Accelerating P2P, Mobile Wallet Personalization Among Online Shoppers
March 29, 2021  |  Next-Gen Debit

Consumers are still shopping online in greater numbers during the pandemic, even as brick-and-mortar stores reopen. More customers are also tapping peer-to-peer (P2P) apps or...

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Retailers Tap Debit-Linked Mobile Wallets To Keep Consumers Engaged
Retailers Tap Debit-Linked Mobile Wallets To Keep Consumers Engaged
March 26, 2021  |  Next-Gen Debit

Consumers continue to tap online channels more often to make retail transactions, interact with their financial institutions (FIs) or pay their bills during the pandemic....

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Venmo Makes Business Profiles Available For SMBs
Venmo Makes Business Profiles Available For SMBs
February 24, 2021  |  SMBs

Venmo has made business profiles available to the public, according to a company blog. The company, which announced the idea last year, has now rolled...

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Selz, Credit Unions, Crypto Exchanges Top This Week’s News
Selz, Credit Unions, Crypto Exchanges Top This Week’s News
February 19, 2021  |  The Weekender

In this week’s news, we saw Amazon snapping up Selz in addition to new insight on crypto exchanges and credit unions (CUs). The Weekender is...

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Venmo Expands General Availability Of Credit Card
Venmo Expands General Availability Of Credit Card
February 16, 2021  |  Payment Methods

Venmo is introducing a Visa-powered credit card released in conjunction with Synchrony, the company said in a blog post on Tuesday (Feb. 16).  The Venmo...

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