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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EXCLUSIVE: Who Is Generation Venmo – And How Can Retailers Reach Them?
EXCLUSIVE: Who Is Generation Venmo – And How Can Retailers Reach Them?
January 19, 2021  |  Digital Payments

The year 2020 has been disruptive across the board for consumers — changing how they shop, how they work, how they play, how they spend...

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Decoding QR Codes: Retailers Embrace Simple, Secure Touchless Payments Option
Decoding QR Codes: Retailers Embrace Simple, Secure Touchless Payments Option
January 15, 2021  |  Consumer Payments

The use of QR codes is growing more popular in the United States, enabling consumers to instantly access information and easily pay on their smartphones...

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Venmo Offers Free Service For Cashing US Stimulus Checks Via App
Venmo Offers Free Service For Cashing US Stimulus Checks Via App
January 04, 2021  |  Disbursements

Venmo, a mobile payments service, announced Monday (Jan. 4) it has launched a new Cash a Check feature — and that it will waive the...

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Burger King To Give Some Venmo Users $1 To Promote New Dollar Menu
Burger King To Give Some Venmo Users $1 To Promote New Dollar Menu
December 23, 2020  |  Retail

Burger King has launched a new promotion called the “$1 Your Way Menu” and in conjunction will put $1 in some Venmo users’ accounts through...

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PayPal Waives Check Cashing Fees For Stimulus Checks
PayPal Waives Check Cashing Fees For Stimulus Checks
December 22, 2020  |  Disbursements

PayPal will allow customers to cash their next stimulus checks free of charge, according to a press release. The payments giant said in the release...

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Deep Dive: How Real-Time Payments Can Help Meet B2B, P2P Expectations
Deep Dive: How Real-Time Payments Can Help Meet B2B, P2P Expectations
November 27, 2020  |  Faster Payments

Consumers and businesses alike have long been familiar with digital payments, but both now expect smoother payment experiences as the COVID-19 pandemic’s financial impacts continue. Friction points that once proved...

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American Express Links Up With PayPal, Venmo To Enable Customers To Split Payments
American Express Links Up With PayPal, Venmo To Enable Customers To Split Payments
November 16, 2020  |  Payment Methods

American Express is teaming up with PayPal and Venmo to offer a new way for their customers to send money, split purchases and manage their...

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CVS Taps PayPal For QR Code Payments For PayPal, Venmo Users
CVS Taps PayPal For QR Code Payments For PayPal, Venmo Users
November 16, 2020  |  Payment Methods

Customers at 8,200 CVS Pharmacy locations can use PayPal and Venmo to pay for purchases contact-free starting Monday (Nov. 16), the retailer announced in a...

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PayPal To Bring Buy Now, Pay Later To Venmo
PayPal To Bring Buy Now, Pay Later To Venmo
November 03, 2020  |  Earnings

It was another quarter of record-breaking results for PayPal, which saw both record transactions and new customer enrollments in Q3. Total payment volume rose 36...

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