News about Venmo app.
January 30th, 2017
Mobile payments accounted for a third of PayPal’s overall payment volume during the fourth quarter of 2016, the company’s CEO Dan Schulman has revealed, with the total volume of mobile payments increasing by 55% over the course of last year.
October 25th, 2016
In-store mobile payments have experienced a “long and difficult road” but the functionality is now starting to resonate with consumers, PayPal’s EVP and chief operating officer Bill Ready has told attendees during a keynote at Money20/20….
July 25th, 2016
US consumers will soon be able to make NFC mobile payments using their PayPal mobile wallet at all physical locations across the country that currently accept Visa contactless transactions.
April 29th, 2016
Vodafone Wallet with PayPal NFC-enabled payments is now live in Spain and is expected to be made available across Europe throughout the “back half of 2016”, PayPal CEO Dan Schulman revealed during the company’s Q1 earnings call.
March 3rd, 2016
Nearly six in ten US millennials (58%) say cash is their preferred way of paying and being paid by friends, followed by P2P payment apps (26%), cheque (8%) and electronic bank transfer (8%), GOBankingRates reveals. Of the 26% who chose P2P payment apps, 11% prefer PayPal, followed by Venmo (6%), Google Wallet (5%) and Square Cash (4%).