Music-technology provider SoundExchange announced it is adding PayPal and Venmo as options for royalty payments to registered creators. The two payments channels join CashApp and Zelle as payout options on the platform. Tulip, a point-of-sale technology provider for retailers, said it will incorporate payments services from Stripe Inc. Dollar General announced DG Cash …
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Tap to Pay Arrives for Venmo And PayPal Zettle
PayPal Holdings Inc. is adding tap to pay on mobile phones to its U.S. Venmo users with business profiles. The Tap to Pay on Android technology enables merchants that accept Venmo payments to do so using conventional Android smart phones without having to attach a special payment dongle. The service …
Read More »Senators Turn to Cash App and Venmo Fraud; Cash Protection Measure Proposed; Plus Weekly Recap
Cash App And Venmo Operators Have Two Weeks To Answer Senators’ Scam Queries
Cash App and Venmo, peer-to-peer payment services from Block Inc. and PayPal Holdings Inc., respectively, are under scrutiny from four U.S. senators over their fraud-protection efforts. In letters dated June 15 and sent to each company, the senators requested data on the volume of fraud reports the networks have received …
Read More »Relay’s Pump Fraud Plan; LVMH Adopts Tap to Pay on iPhone; Senators Query Venmo, Cash App About Scams
Senators Query Venmo, Cash App About Scams And Other Digital Transactions News briefs from 6/15/23
U.S. Senators Sherrod Brown (D-Ohio), Jack Reed (D-R.I.), Bob Menendez (D-N.J.), and Elizabeth Warren (D-Mass.) on Thursday sent letters to Block Inc.’s Cash App and to PayPal pointing to “reports of widespread fraud and scams” on Cash App and Venmo and requesting data on the volume of reports of fraud …
Read More »Onbe Adds PayPal, Venmo; Friendly Fraud’s Not-So-Friendly Uptick; Sylq Selects ThetaRay
Disbursement Platform Onbe Adds PayPal And Venmo
Citing a strong user preference for PayPal and Venmo, the digital-disbursements provider Onbe early Tuesday said it is adding the two channels to its menu of payment choices. The move brings two major payments platforms to the Chicago-based company’s payout options, which includes the mobile -payments providers Apple Pay and …
Read More »Venmo’s Teen Account Debuts; Eye on Restaurants; Cash Use Drops 2%
PayPal Opens Venmo to Teenage Children of PayPal Users
PayPal Holdings Inc. announced early Monday it is launching a version of its Venmo peer-to-peer payment service tailored for teenagers. With the new program, parents holding a Venmo account can open one for a child aged 13 to 17 that will include a Mastercard debit card. Parents can exercise control …
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