Venmo Launches Check Cashing Feature in Time For Second Stimulus Checks and Tax Refunds
Venmo is introducing a new Cash a Check feature in the Venmo app for select customers, enabling Venmo’s community to access a quick, easy and…
PayPal Enters China Market Through GoPay Acquisition
The People’s Bank of China has approved PayPal acquisition of a 70 percent stake in Guofubao Information Technology Co. (GoPay), Ltd., a holder of a…
Venmo rolls out instant money transfer to bank accounts
Venmo announced it is rolling out an instant money transfer to bank account service without requiring an eligible Visa or Mastercard debit card. The rollout…
New bill in New Jersey makes it a crime to keep an accidental Venmo payment
A new bill introduced January 15 in New Jersey criminalizes the failure to return an erroneous P2P payment. The bill aims to help consumers who accidentally…
BigCommerce Adds Support for Venmo and Masterpass Payment Solutions
Cloud eCommerce platform BigCommerce announced the addition of Venmo and Masterpass as supported payment methods available to its merchants. This payment solutions expansion further extends…
Shopify Adds Venmo As a Checkout Option For Its Merchants
Shopify announced that it has added Venmo as a checkout option for U.S. Shopify Merchants using PayPal Checkout. Venmo, owned by PayPal, is a mobile…
PayPal’s New Fast Checkout Features Will Further Improve Conversion
PayPal already boasts high checkout conversion with its simple user interface. A recent comScore study found that PayPal Checkout converted at 88.7 percent during checkout, that…
PayPal Agrees to Acquire iZettle for $2.2 billion
PayPal announced they have signed an agreement to acquire iZettle for $2.2 billion, a leading small business commerce platform in Europe and Latin America. This is…
Venmo Now Accepted at Millions of Retailers
PayPal announced today they are rapidly expanding the reach of Venmo to include over 2 million retailers and with further expansion through Braintree. Founded in…