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: Venmo Coming to Amazon, Pay Later User Hit 9.5M
PayPal: Venmo Coming to Amazon, Pay Later User Hit 9.5M
November 08, 2021  |  Earnings

The biggest buzz for PayPal and its latest quarterly results released on Monday (Nov. 8) is a new partnership with Amazon that will allow U.S. shoppers...

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#VenmoU Cash Drop To Give Away up to $10K to College Students
#VenmoU Cash Drop To Give Away up to $10K to College Students
September 29, 2021  |  Cash

Venmo on Wednesday (Sept. 29) announced an all-day cash giveaway in partnership with Grammy-nominated rapper Jack Harlow called the #VenmoU Cash Drop. College students can...

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Bank Of The West: How Merchants Can Keep Pace With Emerging A2A, P2P Payment Preferences
Bank Of The West: How Merchants Can Keep Pace With Emerging A2A, P2P Payment Preferences
September 24, 2021  |  Next-Gen Debit

Consumers are expanding their use of peer-to-peer (P2P) payment apps, and merchants are taking notice. In the Next-Gen Debit Tracker, Bank of the West's Hisham...

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Fiserv: Real Time Payouts To Millennials’ PayPal Or Venmo Accounts Could Take 50 Pct Share
Fiserv: Real Time Payouts To Millennials’ PayPal Or Venmo Accounts Could Take 50 Pct Share
August 26, 2021  |  Payment Methods

Nandan Sheth, head of Fiserv’s Carat and Digital Commerce business, said the payouts industry was held back for far too long by an inability for...

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Fiserv Carat Enables Digital Payouts To Venmo, PayPal 
Fiserv Carat Enables Digital Payouts To Venmo, PayPal 
August 18, 2021  |  Digital Payments

Global FinTech Fiserv’s Carat ecosystem is broadening its digital payout options to enable businesses to send money directly to PayPal and Venmo accounts.  Fiserv’s Head...

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ACI Worldwide Teams With PayPal On Bill Payments Via Digital Wallet
ACI Worldwide Teams With PayPal On Bill Payments Via Digital Wallet
August 16, 2021  |  Digital Payments

PayPal and Venmo will be payment options for utility customers as part of an effort ACI Worldwide is undertaking to expand digital wallet payments, ACI...

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Giant Eagle Grocery Stores Become First In US To Accept PayPal, Venmo
Giant Eagle Grocery Stores Become First In US To Accept PayPal, Venmo
August 13, 2021  |  Retail

The divides between the ways people pay peers, workers and businesses are breaking down, as consumers are increasingly able to use the payment options with...

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Venmo Lets Users to Buy Crypto With Cash Back From Credit Card
Venmo Lets Users to Buy Crypto With Cash Back From Credit Card
August 10, 2021  |  Cryptocurrency

PayPal’s peer-to-peer vending app Venmo unveiled a program Tuesday (Aug. 10) called Cash Back to Crypto, which allows customers using its credit card to automatically...

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Zelle, Venmo Gains Reflect Rising Use And Stakes In The P2P Race
Zelle, Venmo Gains Reflect Rising Use And Stakes In The P2P Race
July 29, 2021  |  Earnings

Peer-to-peer (P2P) payments are having a very good week. First, PayPal’s blockbuster earnings report Wednesday (July 28) was led by 58 percent growth at Venmo....

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