Venmo moves into merchant payment processing

Venmo will allow users to pay at merchants like Williams-Sonoma — Recode — “Venmo oversaw US$8bn in transactions in Q2 of 2017, double what it did the year before, but has yet to find a way to monetize since the regular service is free. Merchant processing fees from partnerships like Williams-Sonoma would be the first step in making money from transactions… Earlier this year, Venmo started testing a physical debit card in which Venmo customers could use their balance toward purchases at all retailers.”



Williams-Sonoma adds shoppable videos

US houseware and home furnishing retailer Williams-Sonoma has launched a four-part video series that uses YouTube’s new “shoppable” technology to allow its online shoppers to buy the showcased products with a click through Visa Checkout. The first video is now live online while the following three will follow later this summer... More



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