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)

PayPal Unlocks Enterprise Merchant Features for Small Business With Advanced Checkout Upgrades
PayPal Unlocks Enterprise Merchant Features for Small Business With Advanced Checkout Upgrades
April 04, 2023  |  Payment Methods

Online merchants have long used PayPal and Venmo to drive checkouts. But in the current macro environment, for smaller online sellers to move beyond the...

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Spreedly Announces New Integration With PayPal Products
Spreedly Announces New Integration With PayPal Products
March 07, 2023  |  Payment Methods

Spreedly has teamed with PayPal to give customers more ways to pay. The new integration, announced by the payments orchestration platform Tuesday (March 7) lets...

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IRS Rule Delay Means P2P, Gig Economy Platform Volumes Will Surge
IRS Rule Delay Means P2P, Gig Economy Platform Volumes Will Surge
January 11, 2023  |  Gig Economy

The new tax rules have been delayed — and nothing’s certain — so P2P will continue to be a gig economy mainstay. And amid the...

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Nonprofits Say ‘Thanks For Giving’ as Next Gen Payments Power Contributions
Nonprofits Say ‘Thanks For Giving’ as Next Gen Payments Power Contributions
November 24, 2022  |  Payment Methods

By many accounts, we’re living during a golden age of philanthropy and charitable giving. Urged on by Bill Gates and Warren Buffet, 236 of the...

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Venmo Offers Help for High Inflation Holidays
Venmo Offers Help for High Inflation Holidays
November 22, 2022  |  Mobile Payments

With Americans preparing to enter a holiday shopping season they might not be able to afford, Venmo has debuted a pair of tools it says...

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PayPal Claims Top Spot in BNPL as Q3 Volume Spikes 157%
PayPal Claims Top Spot in BNPL as Q3 Volume Spikes 157%
November 03, 2022  |  Platform Payments

PayPal’s users are still engaged, but spending is clearly slowing. But even as PayPal, like other firms, is not immune to macro headwinds and inflation’s...

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Amazon, Venmo Team on New Secure Payments Partnership
Amazon, Venmo Team on New Secure Payments Partnership
October 25, 2022  |  eCommerce

Online shoppers can now pay for their Amazon purchases though their Venmo accounts thanks to a new partnership announced Tuesday (Oct 25). Both Venmo and...

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Data Brief: Fewer Than 1 in 10 US Consumers Use FinTechs as Primary Bank
Data Brief: Fewer Than 1 in 10 US Consumers Use FinTechs as Primary Bank
September 19, 2022  |  Digital Banking

The corner bank branch — the brick-and-mortar kind — may be giving way to a digital one embedded in our phones. We’re seeing the rise...

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46% of Merchants Say They Accept Crypto, but Nonnative Wallets Rule
46% of Merchants Say They Accept Crypto, but Nonnative Wallets Rule
August 12, 2022  |  Cryptocurrency

The number of merchants who accept cryptocurrency payments in some form is high, but far and away the most common source of those payments are...

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