Payments Source

NOVEMBER 2, 2020

Reflecting the rapid transition to digital payments, PayPal has reported its strongest growth in total payment volume and revenue in its history, coupled with strong growth for Venmo, its P2P app.

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Venmo Volume PayPal Continuity 136

PayPal

JANUARY 25, 2024

Company introduces reimagined checkout and guest checkout experiences, new advanced offers platform for merchants, and new consumer app to earn cash back and give customers more reasons to shop with PayPal New Venmo enhancements enable local small businesses to be discovered and grow

Venmo 128

Venmo PayPal Innovation Small Business 128

PYMNTS

OCTOBER 6, 2020

But Venmo – which dropped its first credit card for consumers on Monday (Oct. Darrell Esch , Venmo’s senior vice president and general manager, told Karen Webster in a conversation shortly before the launch that Venmo is trying to add a fourth leg to the three-legged stool that has historically defined a card’s value proposition.

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Venmo Credit Cards Consumer Returns 125

Payments Dive

APRIL 25, 2019

PayPal and Visa reported strong earnings in the first quarter of 2019, with PayPal breaking out Venmo numbers for the first time.

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Venmo PayPal Posting 132

Fintech Finance

JUNE 14, 2024

eBay is expanding payment method choice at checkout by adding Venmo. Known for its popularity among Gen Z and Millennials, buyers can enjoy the simplicity of paying for purchases with their Venmo balance, or their bank account, debit card, or credit card linked to their Venmo account.

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Venmo Debit Card Payments Credit Cards 97

PayPal

JANUARY 16, 2024

PayPal will provide an exclusive preview on January 25, 2024 at 9:30 am PT of the first innovations PayPal and Venmo are piloting and bringing to market this year.

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Venmo PayPal Innovation 128

Payments Source

FEBRUARY 5, 2021

The inquiry into Venmo's debt collection practices is a taste of what PayPal can expect as it expands to other categories that increasingly face regulatory pressure.

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Venmo PayPal CFPB Compliance 113

Payment Savvy

JUNE 7, 2023

When looking for a new payment method for business, Venmo may not be the first option to spring to mind. Venmo can also be used by companies to provide their customers with yet another convenient payment option. Venmo can also be used by companies to provide their customers with yet another convenient payment option.

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Venmo Transaction Limits Accounts Transactions 98

Payments Source

OCTOBER 31, 2016

The race to dominate person-to-person transfers has been a curious one so far, because P-to-P typically isn’t a money-maker for banks or even for PayPal, whose Venmo unit is generating red-hot growth this year in the category.

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Venmo PayPal Mobile Payments Payments 113

PYMNTS

OCTOBER 5, 2020

Venmo , the mobile payment service owned by PayPal , announced Monday (Oct. The Venmo Credit Card lets Venmo's more than 60 million customers to shop, share or split purchases and earn cash back wherever Visa credit cards are accepted, the release stated. A customer’s unique QR code is printed on the front of each card.

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Venmo Credit Cards PayPal Online and Mobile Banking 90

PYMNTS

JULY 2, 2020

Venmo will introduce a new feature for businesses to accept payments separate from the individual owner’s account, a press release says. are sole proprietors, the release says, and Venmo wants to aid them in the times when the pandemic has shut down many businesses or rendered them inoperable due to the risk of transmitting the coronavirus.

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Venmo Business Payments Payments Small Business 92

PYMNTS

NOVEMBER 16, 2020

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 expenses. Cardholders will be able to send money to any PayPal or Venmo customer directly from the American Express App. We have a large roadmap around this for Venmo as well.”.

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Venmo PayPal Enrollments BNPL 103

Payments Source

SEPTEMBER 12, 2018

New payment apps, like Venmo, and widely adopted mobile wallets, such as Apple Pay and Alipay, have made the consumer payment experience incredibly convenient, writes Ralph Dangelmaier, CEO of BlueSnap. It all comes down to convenience.

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Venmo Consumer Payments ISOs 104

PYMNTS

MARCH 29, 2020

Venmo and Cash App want to be considered as ways the U.S. Officials with Square and Venmo parent PayPal expressed optimism that the Treasury could potentially come around to utilizing their apps for payment services eventually, saying the talks weren’t close to done yet.

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Venmo Treasury Federal Reserve Direct Deposit 97

PYMNTS

NOVEMBER 25, 2018

Venmo , the digital money transfer service owned by PayPal , suffered payments fraud earlier in 2018 that played a role in the company posting losses that were higher than forecasted for the first quarter of this year. percent of overall volume at Venmo in March compared to 0.25 percent in January. percent and are now lower.

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Venmo PayPal Payments Transactions 89

PYMNTS

DECEMBER 23, 2020

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 Dec. 28, the day the new menu takes effect, the company announced in a press release. The big question now becomes, what to get?”.

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Venmo Government Governance Accounts 125

Payments Dive

JUNE 30, 2022

Yet another lawsuit related to alleged fraud on a peer-to-peer payment app targets digital payments company PayPal.

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PayPal Venmo Digital Payments Payments 159

Payments Source

JULY 18, 2019

Ever since PayPal took control of Venmo as part of its 2013 purchase of Braintree, it has woven Venmo into more and more of its products. Even other acquisitions aren't immune to the spread of Venmo.

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Venmo PayPal Product Mobile Payments 87

Payments Source

NOVEMBER 12, 2018

Taking a cue from his previous success in commercial cash checking services, Conext CEO Michael Casalini hopes a Venmo-style mobile app that supports a quick conversion of checks to digital money can attract small businesses.

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Venmo B2B Small Business Checks 99

Payments Dive

OCTOBER 25, 2022

The e-commerce giant’s new payment method was first teased in an announcement from Venmo owner PayPal last year.

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Venmo PayPal Payments 88

PYMNTS

NOVEMBER 2, 2020

Venmo also reported its best quarter ever in terms of payment volume — reporting a 61 percent year-on-year TPV increase to $44 billion. We have a large roadmap around this for Venmo as well.”. The company now forecasts $900 million in revenue for Venmo during 2021. And by the way, there's a ton more we can do with this too.

Venmo 105

Venmo PayPal BNPL Volume 105

Tearsheet

APRIL 22, 2024

At the time, Visa+ outlined plans to make the service widely available to Venmo and PayPal users in the US by mid-2024. Expanding on last year’s announcement, the recent development marks the official [consumer] launch of the service with inaugural partners PayPal, Venmo, and DailyPay.

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Venmo PayPal Payment APIs and Integration P2P 98

Payments Source

AUGUST 13, 2020

Payments platform APEXX Global is working with PayPal to expand payment methods to e-commerce merchants using APEXX, including the addition of the Venmo P2P digital wallet.

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Venmo PayPal P2P Payments 83

Payments Dive

MARCH 21, 2024

PayPal has been striving for more than a decade to better connect Venmo to merchants and make it pay off. Now, a new CEO has inherited the challenge.

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Venmo PayPal 78

PYMNTS

JANUARY 19, 2021

Venmo customers as of October 2020 offers a clearer snapshot of these customers' new financial habits and purchase and shopping behaviors, and how they view Venmo as a payment method. Generation Venmo, some 65+ million consumers who have downloaded and used the app, according to the new data released Tuesday (Jan.

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Venmo Wire Wires P2P 79

PYMNTS

OCTOBER 6, 2020

Venture capital firm Greycroft , based in New York and Los Angeles, has raised $680 million to fund new startups, according to Bloomberg , looking for "the next Bumble or Venmo.". The firm plans to invest $310 million in early-stage startups and $370 million in growth-stage startups, the report stated.

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Venmo Technology Continuity Posting 117

Finextra

JANUARY 25, 2024

Manhattan's district attorney has written to the firms behind Venmo, Zelle and the Cash App, calling on them to up their security measures in the face of growing fraud.

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Zelle Venmo Security 84

PYMNTS

JULY 29, 2020

And the company credited its Venmo peer-to-peer (P2P) payments platform and QR code-based contactless-payments system for a big part of that success. “In PayPal said that in addition to the overall company’s record performance, Venmo put up all-time-best numbers as well. And we’re seeing all of that reflected in the usage of Venmo.

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Venmo PayPal Direct Deposit Adjustments 84

Payments Source

DECEMBER 22, 2019

PNC Bank has made it more difficult for its customers to use Venmo, and although competition plays a role, the bigger issue is the expanding risks financial institutions face when sharing data with third parties.

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Venmo Risk Zelle Process 83

The Paypers

OCTOBER 18, 2024

US-based crypto payments firm MoonPay has announced that eligible US users can now use Venmo as a payment method to fund their accounts.

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Venmo Payments Accounts 74

Payments Source

OCTOBER 5, 2020

Coronavirus galvanized the use of NFC payments and QR codes, and PayPal wants to harness both trends for Venmo’s first credit card.

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Venmo Credit Cards PayPal Payments 149

PYMNTS

MAY 21, 2020

Vaughan was also former COO at Venmo. Oak HT/FC Executive in Residence Michael Vaughan will now serve as an advisor for accounts payable and automation and business intelligence firm xtraCHEF , where he’ll help the company expand software offerings.

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Venmo Advisors Automation FinTech 91

Finextra

JUNE 14, 2024

eBay is expanding payment method choice at checkout by adding Venmo. The move to introduce new, popular and modern payment options aligns with the evolving preferences of today’s digital natives.

Venmo 59

Venmo Payments 59

Finextra

OCTOBER 14, 2024

Venmo today announced a new, highly requested feature that allows users to schedule one-time or recurring payments or requests with friends and family on Venmo.

Venmo 52

Venmo Payments 52

Payments Dive

NOVEMBER 28, 2022

The digital payments pioneer is scouting for new ways to increase customer use of its digital wallet, including plans to add a new Venmo teen account.

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Venmo PayPal Digital Payments Accounts 147

Payments Dive

NOVEMBER 24, 2020

Mobile Payments Today interviewed Holler's CMO, Sarah Aitken on a unique partnering with Stella Artois and Venmo to support the James Beard's Foundation for restaurants and businesses, #OpenForGood.

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Venmo Mobile Payments Payments 146

Payments Source

SEPTEMBER 13, 2016

NEW ORLEANS -- What do millennials really want from their financial providers? Bankers with average customer ages in baby boomer territory puzzle over this question every day.

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Venmo Technology 123