Venmo Introduces Teen Accounts
Parents and legal guardians can now open a Venmo account for their teenage children that also comes with a debit card
Venmo
Visa+: The New Interoperable P2P Payments System Launches
Visa has partnered with a number of payment firms, including PayPal and Western Union, to let their customers transfer money between different P2P payment apps
Phos Integrates QR Digital Wallets
SoftPOS solution provider Phos added QR code-based digital wallets, such as PayPal, Venmo, and CashApp, as payment methods for retailers
Venmo, Cash App Users Won’t Have to Pay Taxes for Small Transactions for Another Year
The IRS gives the users of digital wallets such as Venmo, PayPal, Zelle, and Cash App one more year to comply with the controversial new tax policies that require reporting small transactions to the tax collection agency
Norway, Finland and New Zealand are closest to becoming cashless
A rapid transition to cashless societies in these three countries is enabled by the increased popularity of digital wallets
Venmo Launches Small Business Grant Scheme
At the end of July, PayPal Holdings announced their Venmo Small Business Grant scheme
Digital Domestic Money Transfers to Surpass 300 Billion Globally by 2026
A new study revealed that the volume of digital domestic money transfer transactions will exceed 300 billion globally in 2026
Amazon customers will be able to pay with Venmo
Starting next year, American customers will be able to make purchases on Amazon using their Venmo accounts
US fintech adds touch-free PayPal and Venmo payment acceptance capabilities
The company is providing POS, payment gateway, payment processing, and integration solutions for restaurants, bars, retail, etc
PayPal and Fiserv teamed up to push QR code payments
The coronacrisis has driven demand for touch-free payment options
Venmo users can now buy and sell crypto
From now on, crypto on Venmo offers customers a way to start their crypto journey
Venmo adds cash checking feature
Venmo customers can now cash government-issued paper stimulus checks remotely
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