Venmo on Monday introduced a new rewards program, Venmo Stash, offering cash back to customers who transact with their favorite brands on the payments app and engage with Venmo’s products. While cashback rewards are a common incentive for credit cards, Venmo’s rewards — which can be up to 5% — are returned to Venmo’s Mastercard […]
Venmo launches cash back rewards program for debit cards Read More »
Venmo and PayPal — two of the most popular apps for digitally sending money to friends, family, or businesses — have never been natively compatible. But according to Venmo, this is changing in November. “Venmo users and PayPal users will be able to pay each other in the U.S. and worldwide,” Venmo wrote in an
Venmo and PayPal users will finally be able to send money to each other Read More »
PayPal is partnering with hotel payment provider Selfbook to let users search for and book hotels within the PayPal app. The company said that it will let users pay through PayPal at checkout and offer exclusive discounts to users within the app. Users can also use PayPal Buy Now, Pay Later (BNPL) for select hotels
PayPal is adding hotel booking within its app, powered by Selfbook Read More »
Venmo aims to be more than just an app for paying friends with its latest update. On Wednesday, the PayPal-owned payment platform debuted several new debit card benefits and expanded the ability to make payments with retailers such as TikTok Shop and Uber. The updates signal Venmo is trying to become more of a full-service
Venmo introduces new debit card benefits and payment options as rival Cash App struggles Read More »
While Venmo or Splitwise are effectively ‘debt collector’ tools, which require one person to pay a full bill and then request funds from others, neither have cracked bill-splitting at the moment of payment. European startup Cino, which has come up with just such a product, has now raised €3.5m in a Seed funding round led
Cino cracks bill-splitting at the moment of payment, raises seed round Read More »
Some digital services look like banks, act like banks, but aren’t banks — meaning they can, for instance, close down your account without notice. Or be difficult to contact when you want to dispute fraud. This is about to change: the U.S. Consumer Financial Protection Bureau (CFPB) has just ruled that all digital services that
Apple Pay, Cash App, PayPal and other apps to be treated more like banks Read More »
PayPal is launching a few features that let users in groups pool money with friends or family, to collectively pay for trips, travels, gifts, and anything else. The company is launching this feature in the U.S., Germany, the U.K., Italy, and Spain ahead of the holiday season. “Re-launching” might be the more appropriate verb here:
PayPal once again lets you pool money from others to pay for things together Read More »
Paystand has acquired spend management software startup Teampay to create what the companies describe as a “no-fee B2B digital payment and spend powerhouse.” Financial terms of the deal were not disclosed. Teampay has raised $65 million since it was founded in 2016. The combined company services over 1 million businesses running on a commercial blockchain
Paystand acquires Teampay to be DeFi version of ‘Venmo for B2B payments’ Read More »
