Tagged: venmo

TrustCommerce Is Adding PayPal and Venmo to Healthcare-focused Payments Platform

TrustCommerce, a Sphere company and a provider of end-to-end integrated healthcare payments and security software, announced that it is adding PayPal (NASDAQ:PYPL) and Venmo, in the U.S., to its healthcare-focused payments platform, enabling providers to offer patients additional flexibility and modern payment options. Through this… Read More

Teens: Piper Sandler Survey Shows Spending Decline, Apple Pay Top Spot for Payment Apps

Piper Sandler (NYSE: PIPR) has posted its 46th semi-annual survey of Teens across the United States. The survey can help glean emerging trends that can impact future economic activity and rising brands. Of course, Teens can be fickle, but today’s Teens are tomorrow’s adults. When… Read More

PayPal/Venmo Cards Can be Added to Apple Wallet

One of the most popular digital wallets in the world is now accepting PayPal (NASDAQ:PYPL) and Venmo credit and debit cards. Apple (NASDAQ:AAPL), which already accepts a litany of different cards in its wallet, now gives PayPal users the option to add their card to… Read More

Venmo Small Business Grant Is Accepting Applications to Support Emerging, Small Businesses

PayPal Holdings, Inc. (NASDAQ: PYPL) announced the second Venmo Small Business Grant, a program for small and emerging businesses “providing financial grants and mentorship for 20 Venmo business profile customers.” The selected businesses will each “receive $10,000 for expenses, such as rent, or to help… Read More

Fintech REPAY Introduces PayPal and Venmo to Expand Client Choice

Repay Holdings Corporation (NASDAQ: RPAY), a provider of vertically-integrated payment solutions, is adding PayPal and Venmo to its suite of payment solutions, making them available to clients across REPAY’s verticals, including personal finance, auto finance, credit unions and mortgage. As noted in the update: “Our… Read More

CFPB Claims Billions of Dollars Not Protected in Some Payment Apps, Names PayPal, Venmo and Cash App

The Consumer Financial Protection Bureau (CFPB) has issued a statement that “billions” of dollars held on payment Apps may not possess federal insurance. The CFPB said these funds may not be safe during times of “financial stress,” alluding to the recent banking crisis. Rohit Chopra,… Read More

Fintech Firm Onbe Adds PayPal, Venmo to Enable Faster Disbursements to Recipients

Onbe, a business to consumer disbursements financial technology company, announces the addition of PayPal and Venmo functionalities to its product offerings. With PayPal and Venmo, Onbe’s clients now “have more options to provide fast, seamless and secure digital choices to their recipients within Onbe’s existing product… Read More

Fintech Apps: Venmo Introduces Teen Account, Providing Parents Ability to Open a Venmo Account for Teenagers

Venmo introduced the Venmo Teen Account, providing parents and legal guardians the ability to open a Venmo account for their teenagers between the ages of 13 to 17-years-old so they can send and receive money. The Venmo Teen Account also “comes with a Venmo Teen… Read More

Virtual Payments: Visa Partners PayPal and Venmo to Offer Digital Person-to-Person Transactions

Visa (NYSE: V) announced it is partnering with PayPal and Venmo in order to pilot Visa+, an innovative service that aims to help individuals move money quickly and securely between different person-to-person (P2P) digital payment apps. Later this year, Venmo and PayPal users in the… Read More

Teen Survey: Apple Pay Takes Top Spot, for Peer to Peer Transfers Squares Cash App Ranked 1st

Investment bank Piper Sandler (NYSE: PIPR) has posted its 45th semi-annual report on Teen preferences, which can help glean which products and services are rising and which are on the wane. At the same time, teens can be fickle, as parents will explain. The Taking… Read More

PayPal Brings Back $2500 Penalty for Violations of Acceptable Use Policy

After claiming it was a mistake, PayPal (NASDAQ:PYPL) has re-animated its $2500 penalty for each violation of its Acceptable Use Policy. Once again, Twitter users slammed the overreach of the financial services firm. PayPal added the $2500 fine for misinformation back to their terms, after… Read More

Digital Payments: Pay with Venmo on Amazon Coming this Holiday Season

Amazon’s (NASDAQ: AMZN) U.S. customers will soon be able “to add their Venmo account as a payment method.” At Venmo, they’re consistently “focused on giving you more ways to use Venmo in your daily life.” Today, they’re pleased to introduce the ability “to pay with… Read More

Piper Sandler Gen Z Survey Reports Apple Pay as Top Payment App Beating Venmo

Piper Sandler (NYSE: PIPR) has published its 43rd semi-annual Taking Stock With Teens survey which reviews trends and brand preferences from Gen Z (teens) across 44 U.S. states. The spring 2022 survey was conducted from February 16 to March 22 with the most responses from… Read More

Fintech Wise Explains Why their Payment Options Might Be Better than Other Service Providers

If you’ve sent or received a payment from a friend or family member, you might have used either Zelle or Venmo to complete the transaction. These Fintech payment services enable consumers to send and receive local personal payments easily, with simply an email address or… Read More

Community Banks: Payments Service Chuck Looks to Emulate Zelle, Alloy Labs Aims to Provide More Digital Banking Services Going Forward

Zelle is a peer-to-peer payments service that is now utilized by over 1000 banking apps across the US. As services like Venmo gained in popularity, traditional banks were compelled to compete and Zelle has emerged as a viable alternative for real-time transfers. Originally founded by… Read More

“Split Payments” Debuts on Facebook the Week of Dec. 6

Facebook – Meta (NASDAQ:FB) announced today it will begin testing Split Payments on Messenger next week. They tout it as a method to improve the ability to split bills like dinners or rent. To begin, users should click “Get Started” in a group chat or… Read More

Amazon’s Visa UK Snub to Hammer #2 UK Credit Card Issuer Right in the Wallet

Visa finds itself in the wrong place at the wrong time and that will hurt its business in the United Kingdom, GlobalData payments analyst Chris Dinga said in a research note today. As of Jan. 19, 2022, Amazon will no longer accept payments from Visa… Read More

Bitcoin, Bitcoin Cash, Ethereum, Litecoin Price Alerts Added to Venmo App

As the Venmo team continues to grow and expand their cryptocurrency platform, they’re pleased to offer a new feature that will enable clients to set price alerts for digital currencies via the Venmo platform. This should help clients with tracking the price of the four… Read More

PayPal Payment Options to be Offered by ACI Worldwide, a Real-Time Virtual Payment Software Provider

ACI Worldwide (NASDAQ: ACIW), an international provider of real-time virtual payment software and related services, reveals that it will be working with PayPal in order to bring online wallet payment options to ACI’s biller customers including Monroe County Water Authority (MCWA). PayPal and Venmo will… Read More

Venmo to allow automated crypto purchases through credit cashbacks

Users of Venmo, a mobile payments app owned by PayPal Inc, can now automatically buy cryptocurrencies through cashback earned from their Venmo credit cards. Venmo has launched this new feature that could boost crypto purchases among young users. However, unless users make regular and frequent… Read More

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