PayPal's stablecoin, PYUSD, is now available on Venmo
PayPal USD (PYUSD), PayPal’s on-chain, regulated, dollar-denominated stablecoin 100% backed by U.S. dollar deposits, short-term U.S...
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The risks of storing money in apps like Venmo and Cash App
Unlike deposits in savings and checking accounts at federally insured banks, funds stored in many “peer to peer” apps aren’t...
Venmo to allow credit card holders to automatically buy cryptocurrency with their cash back
Unlike when buying cryptocurrency directly, these automated purchases will have no transaction fees associated with them — a feature...
Venmo removes public news feed over privacy concerns
After years of defaulting public posts and joke transaction descriptions, Venmo has removed its global social feed. This comes after...
Venmo adds support for buying, holding and selling cryptocurrencies
Venmo is adding support for cryptocurrency immediately. The company says it will begin to roll out the ability for Venmo’s more than 70m...
Venmo adds a check-cashing feature, waives fees for stimulus checks
The company’s move into check cashing doesn’t make the peer-to-peer payment app an alternative to online banking, however. Instead, it...
CVS becomes first national retailer to offer support for PayPal and Venmo QR codes at checkout
The entire transaction can be touch-free, as it involves QR code scanning as opposed to using a card that has to be swiped or inserted...
American Express links up With PayPal, Venmo to enable customers to split payments
The new program enables American Express consumer cardholders to use the new Amex Send & Split service. Cardholders will be able to...
Venmo launches its first credit card, offering up to 3% cash back, personalized rewards
Cardholders will be able to track their spending in real time, organized by category, plus split or share purchases, view their cash back...
Venmo begins piloting ‘business profiles’ for small sellers
Mobile-payments app announced it’s piloting a new feature which offers small sellers and other sole proprietors the opportunity to have a...
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