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 Critics Cite Ongoing Privacy Concerns

Venmo Critics Cite Ongoing Privacy Concerns
Venmo Critics Cite Ongoing Privacy Concerns
August 08, 2018  |  Mobile Payments

As PayPal tries to turn Venmo into a mainstream payments app, there are concerns over consumer privacy. Get the Full Story Complete the form to...

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Zelle P2P Volume Grew To $28 Billion In Q2, Against Venmo’s $14 Billion
Zelle P2P Volume Grew To $28 Billion In Q2, Against Venmo’s $14 Billion
July 26, 2018  |  Digital Payments

Venmo, the P2P service owned by PayPal, took in more than $14 billion in payments volume during the second quarter of 2018, a 78 percent...

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PayPal Pays A Price For A Disappointing Revenue Forecast
PayPal Pays A Price For A Disappointing Revenue Forecast
July 26, 2018  |  Earnings

PayPal second quarter earnings were in yesterday (July 25), and despite the fact that PayPal beat analysts’ expectations on revenue, usership and earnings (and announced...

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Winning, Losing And Playing Catch-Up
Winning, Losing And Playing Catch-Up
July 23, 2018  |  Data Dive

While the world loves to pick winners and losers – and will occasionally turn things into horse races that possibly shouldn’t be – it is...

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Snapchat Exits P2P
Snapchat Exits P2P
July 23, 2018  |  Mobile Payments

Snapchat is closing down Snapcash, its peer-to-peer payment space, on August 30. Get the Full Story Complete the form to unlock this article and enjoy...

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Zelle Catches A Growth Wave, Threatening Venmo
Zelle Catches A Growth Wave, Threatening Venmo
July 17, 2018  |  Mobile

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 — most notably,...

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Users Of Digital Payment Services Have Difficulty Recovering Mistakes
Users Of Digital Payment Services Have Difficulty Recovering Mistakes
July 13, 2018  |  Security & Fraud

Digital peer-to-peer payment services like Venmo are growing in popularity, but according to a report in The Wall Street Journal, consumers who make faulty payments...

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Uber And Venmo Ink Payment Partnership
Uber And Venmo Ink Payment Partnership
July 12, 2018  |  Partnerships / Acquisitions

Uber and Venmo, the payment app owned by PayPal, announced on Thursday (July 12) that they’re partnering to deliver a new payment experience available with...

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Smaller Firms Targeted For Big Hauls By Payments Fraudsters
Smaller Firms Targeted For Big Hauls By Payments Fraudsters
July 05, 2018  |  B2B Payments

Size matters when it comes to payments fraud, it seems.  Recent stories show local companies targeted for big payouts, done through fake invoices, and of...

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