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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PayPal Reaffirms Its Commitment To Financial Inclusion

PayPal Reaffirms Its Commitment To Financial Inclusion
PayPal Reaffirms Its Commitment To Financial Inclusion
April 26, 2018  |  Earnings

There was a lot going on during PayPal’s quarterly earnings report yesterday (April 25), as the original “Pay” player managed to beat analyst expectations nearly across...

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PayPal Adds 8M Active Users, Grows Mobile Volume 52 Percent 
PayPal Adds 8M Active Users, Grows Mobile Volume 52 Percent 
April 26, 2018  |  Earnings

“I’m pleased to say PayPal had another quarter of great results and we’re off to a great start in the new year,” CEO Dan Schulman...

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Grubhub Rolls Out Venmo Integration
Grubhub Rolls Out Venmo Integration
April 17, 2018  |  Mobile Payments

To offer customers more convenient payment options, Grubhub is adding Venmo to its platform. With the new functionality, consumers will have an easier way to...

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Data Dive: Embracing The Uncertainty Edition
Data Dive: Embracing The Uncertainty Edition
March 26, 2018  |  Today In Data

Despite living in a world awash in data, it’s surprising how much our lives are defined by uncertainty. What’s coming next is hard to measure...

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Venmo Puts Pause On Instant Transfers
Venmo Puts Pause On Instant Transfers
March 23, 2018  |  Mobile Payments

Venmo abruptly removed its instant money transfer feature on Wednesday, saying it needed to “make a few changes” to the service. Get the Full Story...

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Women Use Venmo To Show Solidarity For ‘Bachelor’ Contestant
Women Use Venmo To Show Solidarity For ‘Bachelor’ Contestant
March 06, 2018  |  Payment Methods

Last night’s “The Bachelor” season finale saw star Arie Luyendyk Jr. dump his new fiancée, Becca Kufrin, to begin a relationship with runner-up Lauren Burnham....

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Cardtronics Identifies Crypto, P2P Payments As Business Risks
Cardtronics Identifies Crypto, P2P Payments As Business Risks
March 02, 2018  |  Payment Methods

As new payment technologies — such as digital coins  make it less necessary for people to handle cash, Cardtronics said cryptocurrencies could impact its business....

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Venmo Settles Privacy Violations
Venmo Settles Privacy Violations
February 28, 2018  |  Legal & Regulation

The Federal Trade Commission (FTC) announced that it has reached a settlement with PayPal over the handling of privacy disclosures and money withdrawals in its...

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