Fintech & Ecommerce

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

Fintech & Ecommerce

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

Finance & Economics

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

Science & Technology

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

Finance & Economics

Venmo Launches Small Business Grant Scheme

At the end of July, PayPal Holdings announced their Venmo Small Business Grant scheme

Fintech & Ecommerce

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

Fintech & Ecommerce

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

Finance & Economics

Venmo adds cash checking feature

 Venmo customers can now cash government-issued paper stimulus checks remotely