Fintech Finance

JANUARY 26, 2024

Introducing the Next Generation of Venmo Business Profiles Venmo introduced business profiles in 2021 to provide an affordable and easy way for businesses to accept payments and grow their business and has grown to a community of more than 90 million active accounts. For more information, visit here.

Venmo 59

Venmo PayPal Innovation AI 59

PayPal

JANUARY 25, 2024

New Venmo enhancements help enable small businesses to be discovered and grow.

Venmo 52

Venmo Small Business 52

Fintech Finance

MARCH 7, 2024

(NASDAQ: PYPL) today announced that Tap to Pay on iPhone is now available for all Venmo business profile and PayPal Zettle users in the U.S., This is the latest development in PayPal’s ongoing efforts to help small businesses sell more, grow their business, and manage their finances more efficiently.

Venmo 52

Venmo PayPal Small Business Finance 52

Stax

MARCH 6, 2025

Choose the right tech based on customer volumeNFC for small businesses, RFID for high-traffic stores, and QR codes for a quick, low-cost setup. For small businesses, every dollar spent on payment tech needs to count. PayPal, Venmo, and Alipay). Each offers a fast, secure option that helps reduce checkout friction.

Contactless Payments 88

Contactless Payments Online and Mobile Banking Encryption CHIPS 88

PYMNTS

OCTOBER 23, 2018

The third quarter proved more than kind to P2P payments , at least according to financial results for the two main competitors, Zelle and Venmo , which continue to duke it out for market share and consumer loyalty — and doing so as another big digital player prepares to debut a P2P offering. Venmo Growth. Zelle and Small Business.

Zelle 43

Zelle Venmo P2P PayPal 43

Payments Source

AUGUST 16, 2018

Zelle is working on ways to ensure that customers can safely pay small businesses as well.

Zelle 63

Zelle Venmo Small Business Mobile Payments 63

Clearly Payments

FEBRUARY 27, 2025

Additionally, the widespread adoption of Interac e-Transfer for peer-to-peer payments and small business transactions highlights the shift toward seamless, secure digital payment solutions. Personalized Service : Small businesses can offer tailored experiences, with 57% of consumers preferring customized product recommendations.

BNPL 59

BNPL Payments Small Business PayPal 59

PYMNTS

MARCH 30, 2020

In today’s top news, Airbnb’s executives will forego six months of salary, while the company pauses $800 million in marketing plans, and Venmo and Cash App are vying to assist the U.S. Plus, Karen Webster on the state of Main Street small businesses in the age of the coronavirus. government in delivering stimulus funds.

Venmo 52

Venmo Governance Government Economy 52

PYMNTS

OCTOBER 21, 2020

Morgan is focused on enabling payments for the millions of small businesses that are the lifeblood of Main Streets across the U.S. – We think it’s a great differentiator for businesses because getting money into their account quickly is so important as they manage their cash flow.”. To that end, the banking giant J.P.

Point-of-Sale (POS) 122

Point-of-Sale (POS) Push-to-Card PayPal Volume 122

PYMNTS

FEBRUARY 8, 2017

Small businesses across the U.S. The company, which is part of Y Combinator’s Winter 2017 batch of startups, is billing itself as the Venmo for businesses, reported TechCrunch.

Small Business 40

Small Business Digital Payments Venmo Payments 40

PYMNTS

AUGUST 5, 2020

Its Cash App , which competes head-to-head with PayPal’s Venmo , was the key factor that drove Square’s profitability in Q2. While there was growth in Cash App, Square remains heavily indexed to small businesses including cafes and eateries through the company’s payment terminals. Wednesday (Aug. 5), up from $136.83

Tax Refunds 87

Tax Refunds Small Business Shutdown Venmo 87

PYMNTS

SEPTEMBER 8, 2020

Millions of consumers and small businesses have received government stimulus and small business assistance payments in response to the economic downturn caused by the coronavirus pandemic, while others are getting paid for freelance or contract work to help make ends meet.

Small Business 73

Small Business Instant Payments Venmo Direct Deposit 73

PYMNTS

JUNE 26, 2017

PayPal lived up to a promise it made about a year ago when it was announcing new partnerships with the card networks and brought instant payments to Venmo; Amex is eying an insurance play; and Walmart and Amazon it seems both had their hearts set on having a Whole Foods to call their own. Venmo Goes Insta-Pay.

Venmo 46

Venmo PayPal Online and Mobile Banking Visa 46

PYMNTS

MARCH 13, 2019

As the financial services space focuses on digitizing offerings for their small business customers, much of these efforts are targeting online banking portals accessed via desktop. Today, he explained, small businesses often do the bare minimum to manage finances, despite the rise in FinTech platforms and products available to them.

Online and Mobile Banking 67

Online and Mobile Banking FinTech Small Business Payment APIs and Integration 67

PYMNTS

JANUARY 17, 2020

Matan Bar, co-founder and CEO of Melio Payments , recently spoke with PYMNTS about the challenges that small businesses face when digitizing their invoice payment procedures, even with a recent surge in digital, automated AP solutions. ” Finding A Middle Ground. . ” Finding A Middle Ground. The result?

Faster Payments 61

Faster Payments B2B Small Business Venmo 61

Wharton Fintech

NOVEMBER 13, 2023

Shaw for a few years and then ultimately was running engineering at Venmo. I ended up pulling him out of there to go start a fintech company called Bond Street, which was in the small business lending space. We were offering term loans, so we were trying to help small businesses with growth financing.

FinTech 130

FinTech Small Business Payment APIs and Integration Laws 130

PYMNTS

MAY 7, 2020

Of that total, PayPal processed $56 billion in peer-to-peer volume and $31 billion in Venmo volume. It was an important and proud moment when we became one of the very first non-bank lenders approved to distribute the Paycheck Protection Program funds to the small businesses we serve. billion from $4.13

PayPal 99

PayPal Transactions Process Venmo 99

Stax

JANUARY 21, 2025

Now, if youre a small business managing all of that can be time-consuming and difficult. per card charge (recurring billing is available at an additional cost) PayPal Companies with a PayPal business account can access PayPal.Me cents for PayPal, Venmo and cryptocurrency. This is where payment links come in.

Use Case 88

Use Case Online and Mobile Banking Payments ACH 88

PYMNTS

JANUARY 31, 2019

Venmo got a strong shout out as well, with the volume of Venmo transactions hitting $19 billion, growing by 80 percent in Q4. That put PayPal, as a whole, ahead of bank-backed Zelle (which reported payment volume of $35 billion for the December period earlier this week), though that left Venmo notably trailing.

Venmo 58

Venmo PayPal Volume Zelle 58

PYMNTS

JANUARY 19, 2021

UK To Require Companies To Pay Small Businesses In 30 Days. The rule, which will go into effect July 1, will make it so that 95 percent of invoices for small and medium-sized businesses (SMBs) have to be paid within 30 days. EXCLUSIVE: Who Is Generation Venmo – And How Can Retailers Reach Them?

Venmo 56

Venmo Acquirers Financial Crimes Crime 56

PYMNTS

SEPTEMBER 19, 2018

” Not only does research show that Square’s Cash App is growing faster than PayPal ‘s Venmo , but the company recently boosted its presence in small business (SMB) lending through Square Capital. How can we help them make their money work for them?”

Venmo 69

Venmo P2P PayPal Adjustments 69

PYMNTS

NOVEMBER 27, 2020

Consumers have meanwhile transitioned even more toward payment solutions that allow them to send or receive money in real time, with P2P apps like Zelle and Venmo reporting jumps in user activity during the first half of 2020. These trends could ultimately influence consumers’ expectations regarding payment speed for business transactions.

Real Time Payments 106

Real Time Payments P2P B2B Zelle 106

PYMNTS

MARCH 31, 2020

PayPal is relaxing some of its payment fees for small businesses due to the COVID-19 crisis – including allowing customers to defer repayments on business loans. He added: “We’re one of the largest providers of working capital for small businesses, and we’re going to continue to provide that when we can.”.

PayPal 52

PayPal Venmo Debit Card Disputes 52

PYMNTS

NOVEMBER 28, 2018

B2B payments is all too often a waiting game, one that can be damaging to the survival of a small business (SMB). With checks still so heavily in play, small businesses must not only wait to receive a check, but banks often enact a holding period that forces a company to wait even longer to see the funds they’ve been paid.

B2B 67

B2B Small Business Checks Payments 67

CB Insights

DECEMBER 10, 2020

For example, stock trading app Robinhood’s commission-free approach to investing has forced incumbents to follow suit, while products like Venmo and Cash App have disrupted peer-to-peer payments. . Venmo , owned by PayPal, and Cash App , owned by Square, offer P2P payments as their primary offerings. Business credit cards.

Credit Cards 101

Credit Cards Advisors Venmo Small Business 101

Finovate

JANUARY 26, 2024

PayPal’s new launches include a faster checkout experience, Fastlane, Smart Receipts, advanced offers, CashPass, and updated Venmo business profiles. This year, Venmo will enhance business by allowing them to add subscribe buttons, offer promotions to consumers, and show profile rankings.

PayPal 59

PayPal Venmo Checks Credential 59

PYMNTS

SEPTEMBER 3, 2020

Cole said there continues to exist the “COVID-related phenomenon that’s happened to small businesses all over the country. Payments can have a social component, he said, where divvying up a dinner bill can be done through Venmo or Zelle or other peer-to-peer (P2P) options.

Digital Payments 104

Digital Payments Multifactor Authentication Point-of-Sale (POS) C2B 104

PYMNTS

JULY 30, 2020

Enova International intends to purchase online small business lender OnDeck for approximately $90 million in stock and cash. Strong Venmo And QR Code Payments Growth Help PayPal Score Record Q2 Earnings. Plus, the testimony of tech giants on Capitol Hill revealed chief executive officer views on competition and innovation.

PayPal 53

PayPal Venmo Payroll Contactless Payments 53

Stax

MARCH 11, 2025

Popular digital wallet brands include Apple Pay, Google Pay, Samsung Wallet, PayPal Digital Wallet, and Venmo. ACH and bank transfers An ACH (Automated Clearing House) payment is an electronic transfer of funds from your customers bank account to your business account using the ACH network.

Online Payment Processing 88

Online Payment Processing Process Payment Gateways Online and Mobile Banking 88

Stax

JULY 9, 2024

Peer-to-peer digital payments Venmo, PayPal, and even Facebook Messenger are examples of peer-to-peer electronic payment solutions. Accepting peer-to-peer payments in your business Peer-to-peer solutions are not going to be viable for most businesses, but it does present an opportunity for micro and small businesses.

Digital Payments 163

Digital Payments Online and Mobile Banking Contactless Payments Payments 163

PYMNTS

JANUARY 8, 2020

In today’s top news, CitiGroup named David Chubak to head its retail banking division, lawmakers in New York proposed a public eBanking system similar to Venmo and Goldman Sachs created a new division in its reporting process to highlight its consumer focus. Citigroup Names New Retail Banking Leader.

Venmo 52

Venmo EMV Push-to-Card Electronic Banking 52

PYMNTS

SEPTEMBER 18, 2020

She noted that during her previous stints with a talent agency, she observed that even the smallest of small business owners had access to online tools — through Square, Shopify and others — to build their businesses and manage their fund flows.

Digital Payments 125

Digital Payments Payments Venmo Underserved 125

Stax

APRIL 23, 2024

ACH payments are a convenient way for business owners, individuals, and employers to use intuitive automated banking throughout their daily lives. Most small business owners and employers are turning to ACH payments instead paper check payments because of the ease and instant access the ACH network provides.

ACH 88

ACH Direct Deposit ACH Network Wire Transfer 88

PYMNTS

AUGUST 12, 2020

Square has been offering loans to small businesses through its Square Capital arm. Cash App, which competes head-to-head with PayPal’s Venmo, was the key factor that drove Square’s profitability in Q2. Last week, Square reported $1.92

CashApp 70

CashApp Venmo Debit Card Adjustments 70

PYMNTS

JANUARY 18, 2019

According to 2018 reports in Bloomberg , citing people familiar with the situation, Zelle is in the process of enhancing its risk assessment tools as part of the effort to make it safe for people to pay small businesses. Venmo already offers a comparable service and is popular with their user base.

Zelle 63

Zelle P2P Online and Mobile Banking Venmo 63

Payment Savvy

JULY 12, 2024

In the evolving world of small businesses, efficient payment processing is crucial. Payment processing fees can pile up fast, especially for small businesses. It’s an excellent option for small businesses looking for a straightforward solution. Why Free Payment Processing? Easy to set up and use.

Debit Card 52

Debit Card Online and Mobile Banking Zelle Payments 52

PYMNTS

NOVEMBER 12, 2020

consumers are now using some kind of P2P mobile application, such as Venmo.”. Edwards added that “we see mobile wallets like PayPal as a significant and material component in the future of disbursements and payee choice for all consumers and small businesses, including the unbanked segment. “Eighty-one percent of U.S.

Online and Mobile Banking 81

Online and Mobile Banking Financial Inclusion PayPal FDIC 81