Tuesday , November 26, 2024

Search Results for: venmo

Venmo Testing a Mobile-Payments Service for Small Merchants

Taking a page from Square Inc.’s playbook, PayPal Holdings Inc.’s Venmo peer-to-peer payments service is testing what it calls Venmo Business Profiles, a potentially revenue-generating service that enables Venmo users who are sole proprietors of small businesses to sell goods through an affiliated page visible to other Venmo users. Announced …

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Visa Will Be the Network for the New Venmo Card As PayPal Gets Set for Growth in China

News emerged Wednesday from PayPal Holdings Inc.’s earnings call that Visa Inc. will serve as the network for a Venmo credit card PayPal announced in October. This development follows by one week PayPal’s announcement that it has struck a deal with UnionPay, China’s payment card giant, to integrate UnionPay cards …

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Synchrony Looks to Venmo’s Social Network To Help Market the P2P Service’s New Credit Card

PayPal Holdings Inc. and Synchrony Financial have been sparing about the details of a new credit card they plan to issue for PayPal’s Venmo peer-to-peer payment service, but on Monday a top Synchrony executive said the partners are counting on a key characteristic of Venmo to help market the new card. …

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How a New Credit Card From Synchrony Could Help Boost Revenue for PayPal’s Venmo

PayPal Holdings Inc. has made no secret of its push to generate revenue from its highly popular—but free—Venmo peer-to-peer payment service. Its latest gambit came to light early Thursday with the news that long-time finance partner Synchrony Financial will issue a Venmo credit card for the U.S. market starting the …

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Venmo Leverages Instant Transfers As It Digs for Revenue

With real-time payments in the headlines these days, it’s not surprising payments companies are jumping on the faster-payments bandwagon (more on this in “The New Reality in Real-Time Payments,” this issue). But some, like PayPal Holdings Inc., are finding ways to use speedier funds to bolster revenue. PayPal last month …

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