PayPal Adds Venmo App As A Payment Option To Pay Its | MobileAppDaily
Mobile App

PayPal Adds Venmo App As A Payment Option To Pay Its 2M US Retailers

Now pay with Venmo everywhere Paypal is accepted

https://dk2dyle8k4h9a.cloudfront.net/PayPal Adds Venmo App As A Payment Option To Pay Its 2M US Retailers

Venmo, PayPal owned app is one of the most popular mobile apps for person-to-person money transaction or payment in the United States is now integrated as payment option by the company. Today, the company announced that the Venmo users will be able to purchase and pay to 2 million retailers that are listed with PayPal.

Venmo successfully processed almost $8 billion of payment in the second quarter of 2017. Now, the users will be able to make payment for their purchases using Venmo app balance, linked cards or linked bank account to all the retailers that accept PayPal payments. The merchants that are available to the Venmo users include Lululemon, Forever21 and Foot Locker.

{IRP}

Paypal

The merchants will be charged by the Venmo for processing the payments as companies’ integrated feature will help them to increase their sales. In addition to this in the coming time, the Venmo users will also be able to transfer their money from the Venmo account to their bank account with the processing charge of $.025.

The purchases with Venmo for the users will also contain the purchase protection feature of PayPal, which guarantees the refund in case, they didn't receive the placed order or got delivered something different than what was promised.

{IRP}

“Our vision for Venmo is to not only be the go-to app for payments between friends but also a ubiquitous digital wallet that helps consumers spend wherever and however they want to pay, regardless of device,” said, Bill Ready, Chief Operating Officer of PayPal.

PayPal notifies the Venmo users regarding the update via a notification in the app to activate the payment option. Once they activated Venmo as the payment option they will also receive the notification of their purchases on the Venmo app.

 

For the Latest Mobile App Technology News and Reviews, follow MobileAppDaily on Twitter, Facebook, LinkedIn, Instagram and Flipboard.
 

James Lawson
Written By
James Lawson

James is a writer and editor at MobileAppDaily and he is famous as a tech journalist at MobileAppDaily. He focuses on the mobile app startups & ventures and brings them to the light. He has started his career as a tech writer 6 years ago just after completing his degree in Broadcast and Digital Journalism.

Top Companies

01.
InMobi
Singapore
02.
Dot Com Infoway
New York, USA
03.
M&C Saatchi Mobile
New York City, USA
04.
Techmagnate
New Delhi, India
05.
Fetch
London, UK
View full report

Latest Articles

Mobile App

Top 15 Mobile App Facts That Probably You Did Not Know

James Lawson 4 min read  

Smartphone apps have been a great source of new insights in our lives since its evolution. Breaking all the boundaries of imagination and limitations Smartphone apps have changed the way we think, live and make a move to get things done. Mobile apps showcase the unbelievable opportunities for any bu

Mobile App

5 Apps Inspired By #SeinfeldTaughtMe Trending on Twitter

Eric Jones 4 min read  

Unless you’ve been living under a rock, you are well aware of the trending #SeinfeldTaughtMe trending right now on Twitter, the seminal NBC sitcom Seinfeld is a surprisingly good source of life hacks. In celebration of the globally trending #SeinfeldTaughtMe trending on twitter, I came up with

Mobile App

Uber Accidently Charged in 5-Digit For A 21 Minute Ride

Ariana Johnson 4 min read  

It has happened more often than not for Uber to be in the news for all the wrong reasons. Keeping the track record of such bad incidences intact, Uber has once again made the headlines. The ride-sharing giant has charged a whopping US $14,000 to a Canadian customer for a five-miles long ride. The 21

Mobile App

Are You Missing Out On The Best Of Bitmojis

Meenal Vashistha 4 min read  

As the year’s festive season hails the world with Christmas carols and New year resolutions, social media is swarming with Bitmoji to celebrate the joy. The adorable full-sized avatars can be found on almost all social media platform including Snapchat, Facebook and Instagram. As a tech enthus