PYMNTS

MAY 3, 2017

Will adding a social media component, like the one offered by P2P service Venmo, push back against those awkward money requests among friends? However, P2P payment platform Venmo is offering a way to make exchanging money more fun by integrating the experience with social media.

Faster Payments 42

Faster Payments P2P Venmo Use Case 42

PYMNTS

NOVEMBER 25, 2020

But Ranta added that when it comes to the consumer, the critical use cases that could spur wider adoption aren’t there quite yet. "We We have not seen the use cases or the digital overlay services rolled out,” he noted. Beyond PayPal And Venmo . And I think that that's where some of this will start taking shape.

Real Time Payments 114

Real Time Payments RTP FedNow TCH 114

Stax

MARCH 6, 2025

Use case: Customers can pay by tapping their smart devices into the vendors NFC-enabled POS. Use case: Placing NFC tags on products allows customers to tap their phone to the tag and quickly pay for an item. Use case: Placing NFC tags on products allows customers to tap their phone to the tag and quickly pay for an item.

Contactless Payments 88

Contactless Payments Online and Mobile Banking Encryption CHIPS 88

Cardfellow

JUNE 16, 2025

Banks could choose to allow instant payments between users, mimicking features offered by digital wallet transfers services such as Venmo. They can continue to use their credit cards as they always have. The system’s instant transfer capability is designed to eliminate the delays that traditional banking hours have caused in the past.

FedNow 52

FedNow Credit Cards Process P2P 52

PYMNTS

OCTOBER 16, 2017

Venmo has a new creative campaign, but if you like it, don’t rave about it — just _ them. According to Venmo’s Head of Marketing, Kasia Leyden, the idea is to put users’ stories front and center, making the money transfer company the only brand that can fill the blank in whatever occasion they’re sharing. Let’s not make it awkward.

Venmo 44

Venmo P2P PayPal Use Case 44

PYMNTS

SEPTEMBER 18, 2017

Venmo launched a debit card powered by Shift Financial, Equifax tried to shift some blame for its horrific breach and Nordstrom decided to transition to a store design without inventory. First up was the announcement that Venmo is testing a free debit card linked to users’ accounts. Orders in before 2:00 p.m. Happy Monday!

Venmo 46

Venmo Debit Card Online and Mobile Banking Breach 46

Core

SEPTEMBER 27, 2023

Consumers are used to an incredible number of options at nearly every checkout—tap-and-go, text payments, Venmo, PayPal, credit cards, eCheck, and so many more. It looks like mimicking the way consumers pay for other things in their life: digital wallets, online payment options, tap-to-pay, eCheck, Venmo, PayPal, and more.

Venmo 52

Venmo PayPal Payments Government 52

Wharton Fintech

FEBRUARY 29, 2024

Initially focused on UI/UX enhancements through transaction data enrichment, Spade soon realized the need for a more mission-critical use case. Finding the right product-market fit wasn’t straightforward. All in all, this conversation got me really excited about what Spade is trying to build.

Database 130

Database Fraud Detection Use Case Authorization 130

Tearsheet

FEBRUARY 27, 2025

Zabaneh explains that consumers can buy, send, or spend crypto through various channels, including: Checkout with crypto Customers can use crypto as a funding source when checking out with PayPal at supported merchants. Crypto rewards Users can convert rewards, such as cashback from their Venmo Credit Card, into crypto.

PayPal 72

PayPal Payments Digital Currency Privacy 72

PYMNTS

AUGUST 16, 2019

That’s the talk track now from the Fed , which a week ago today announced its plans to build and operate a new set of real-time rails, using accelerated access to employer paychecks as its launch use case. Venmo Offers Instant Transfer to Bank Accounts. Karen Webster digs into the topic.

Real Time Payments 43

Real Time Payments Venmo FedNow Fincen 43

PYMNTS

APRIL 24, 2019

In addition, our new marketing campaign was launched, tapping into everyday use cases of Zelle, designed to drive deeper knowledge and relevance with consumers.”. The Zelle network is used by upwards of 5,391 financial institutions, either through a mobile banking app or by registering a debit card with Zelle’s app. “The

Zelle 61

Zelle Payment Networks Process Venmo 61

Fintech Finance

OCTOBER 15, 2024

Morgan Payments Partner Network is one of the largest payments ecosystems in the world, with hundreds of live third-party integrations spanning virtually every industry and use case. This unified approach facilitates both premium collections and claims disbursements, ensuring a consistent and efficient experience for policyholders.

Payments 95

Payments Treasury Venmo Debit Card 95

PYMNTS

JANUARY 18, 2019

Venmo already offers a comparable service and is popular with their user base. While peer-to-peer ( P2P ) payment apps have long been reserved for splitting small bills with friends and family, it is growing across use cases as more consumers become comfortable with the payment method.

Zelle 63

Zelle P2P Online and Mobile Banking Venmo 63

PYMNTS

APRIL 13, 2020

consumers now use mobile payment apps. Millennials are among the top financial app users: 94 percent of surveyed millennials use P2P apps like Venmo and Zelle. Seventy percent of consumers stated that they would use instant payment solutions for these payouts if they had the option.

Innovation 93

Innovation B2C B2B P2P 93

PYMNTS

MARCH 18, 2019

P2P app Venmo was born out of that argument, changing how friends, family members, co-workers and acquaintances split bills and loaned money. Now, a decade after its launch, Venmo is sharing the P2P stage with other players, Early Warning Services’ Zelle being the most notable among them. We’re constantly learning with experience.”.

P2P 59

P2P Zelle Security Venmo 59

Finextra

JUNE 9, 2025

Nacha’s Smarter Faster Payments conference highlighted the progress that is now being made to expand use-cases and benefits. In addition to mitigating fraud, this would also enable banks to compete with the likes of Venmo and PayPal in facilitating mobile, peer-to-peer (P2P) payments.

ISO 20022 52

ISO 20022 ISOs FedNow TCH 52

PYMNTS

NOVEMBER 7, 2016

Such disruption and transformation can transcend use cases, said the executive, across B2B, B2C and P2P transactions. Companies such as Venmo are gaining traction, and Zelle is entering the fray in 2017 — a marked effort by banks to be competitive.

P2P 78

P2P Zelle B2C Venmo 78

PYMNTS

SEPTEMBER 11, 2017

The shift to mobile and digital, Ready said, extends to P2P payments, where he said Venmo rightfully gets its fair share of attention for its P2P prowess, given its impressive growth rate particularly among millennials and their immediate inner circles. Those use cases, Ready noted, evolve as the needs of their users do.

Consumer 63

Consumer P2P PayPal Online and Mobile Banking 63

PYMNTS

FEBRUARY 14, 2018

And he noted that zero fee offerings, such as Zelle and Venmo, have been making inroads in this arena. I think the big advantage we’re seeing globally is that we turn any currency to a use case.”. The domestic business is still marked by sending cash payouts, said the CEO, cash to cash or retail money transfer.

Cross-Border 78

Cross-Border Blockchain Zelle Venmo 78

Payment Savvy

NOVEMBER 8, 2022

An EFT, or rather an Electronic Funds Transfer, is a type of digital payment between banks or banking institutions of a very broad description and is used by private individuals and businesses alike. Using your debit card to buy groceries or withdraw cash from an ATM is technically an EFT in the broader sense.

ACH 98

ACH Payments Debit Card Online and Mobile Banking 98

PYMNTS

OCTOBER 2, 2019

The vacuum created by the absence of a ubiquitous real-time or instant payments scheme has been filled in by private sector innovation, perhaps readily evident in offerings like Zelle and Venmo. The Use Case – and B2B. Kohli said person-to-person (P2P) use cases are among the first to gain ground. In the U.S.,

Instant Payments 63

Instant Payments Interoperability Cash Management Cross-Border 63

PYMNTS

DECEMBER 23, 2019

The solution has already been deployed by other partners in the ecosystem, including PayPal, Venmo, Square, Ingo Money and NovoPayment. However, those principles — reach, trust and operating scale — are now key requirements for payment senders, recipients and facilitators in use cases well beyond P2P. The Network Opportunity.

Use Case 41

Use Case Cross-Border Cross-Border Payments P2P 41

PYMNTS

NOVEMBER 6, 2019

In the latest Disbursements Tracker , PYMNTS analyzes the impact of instant payments and disbursements in a variety of use cases and industries, as well as how payment innovation continues to grow and change in accordance with consumers’ disbursements needs. Zelle competitor Venmo is also on the rise.

P2P 42

P2P Zelle Venmo Debit Card 42

PYMNTS

OCTOBER 29, 2020

The growing expectations regarding the ease of use and seamlessness of payment methods apply not only to consumers but also to business customers, with business payment processes increasingly being held to the same standards as those of consumer-facing payment methods such as Venmo or Zelle.

Automation 85

Automation B2B Payments Fraud Detection 85

PYMNTS

JANUARY 17, 2020

” On the other hand, he said, consumer-facing payment tools like Venmo are too simple for small businesses to deploy in their supplier payment operations. Businesses that embrace Venmo in their personal lives, as well as high-tech B2C payment solutions like Square, end up in the back office mailing paper checks. . The result?

Faster Payments 61

Faster Payments B2B Small Business Venmo 61

PYMNTS

OCTOBER 2, 2019

The increased use and adoption of P2P technologies, like Zelle and Venmo, demonstrates the consumer demand for this type of frictionless payment option. Settling funds faster, no matter the use case, benefits the entire ecosystem, and takes liquidity risk out of the equation. The Low-Hanging Fruit.

C2B 81

C2B Faster Payments Real Time Payments Lockbox 81

Stax

SEPTEMBER 17, 2024

ACH transfer is used for various purposes, such as payroll, paycheck direct deposits, recurring and one-time bill payments, Business-to-business (B2B) payments, direct deposit of tax refunds or government payments, Buy now pay later (BPNL), and person-to-person (P2P) payments such as PayPal , Cash App, Zelle, and Venmo.

Wire Transfer 88

Wire Transfer Wire Wires ACH 88

PYMNTS

AUGUST 3, 2016

Insurance payments, healthcare reimbursement, merchant settlements, loan disbursements, and payments to workers participating in the shared economy represent a $9 trillion opportunity filled with friction for both the sender and the receiver, with the remaining $1 trillion represented by the more “traditional” P2P payments use cases.

P2P 50

P2P Debit Card ACH Ubiquitous 50

PYMNTS

JANUARY 21, 2019

Case in point: the bankers who rejected ATMs in their early days, insisting that customers would want to talk to a teller — or banking clients who had been absolutely certain they would never issue credit cards because “their customers only wanted cash and checks, thank you very much.” Look at Square’s debit card,” Edwards said.

Instant Payments 74

Instant Payments Debit Card Payments ATM 74

PYMNTS

DECEMBER 12, 2018

Some of them do so when they register their bank account credentials to their Venmo accounts, or set up an investment account with Robinhood , savings account with Acorns or loan repayment details with LendingClub. One in every four consumers in the U.S. has touched this product. Plaid has integrated with 10,000 banks in the U.S. and Canada.

Venmo 59

Venmo Consumer Accounts FinTech 59

PYMNTS

JUNE 18, 2019

Cheney said, too, that consumer expectations (akin to what she called a “grass roots movement” for RTP) have evolved, as evidenced by the uptake of P2P payment services, such as Zelle and Venmo. Banks that roll out the same type of functionality to their corporate clients will have a clear competitive advantage in the corporate realm. “

RTP 78

RTP P2P B2B RFP 78

PYMNTS

NOVEMBER 12, 2020

The advent of mobile devices and services like Venmo render that digital payment into a more intuitive experience, he said. Connected commerce, such as “click and collect” and order online and delivery, said Sievert, are use cases that could further grow the use of debit payments (such as through card on file).

Debit Card 64

Debit Card Point-of-Sale (POS) Issuers P2P 64

PYMNTS

OCTOBER 29, 2020

Think about the fact that the use case for a restaurant to accept provisions is unchanged,” McCarthy said — even with the pandemic. Deluxe will digitize real-time deposits into ACH or into any number of other payments acceptance mechanisms that the hospital might want — across prepaid cards, PayPal, Venmo, etc.

Checks 78

Checks B2B Payments C2B 78

PYMNTS

JANUARY 23, 2020

Business-to-consumer (B2C) industries are just beginning to see use cases for these payments and do not appear to be innovating fast enough, as 93 percent of customers recently surveyed by PYMNTS said that payment speed does not quite meet their standards.

Instant Payments 56

Instant Payments Real Time Payments Online and Mobile Banking Payments 56

PYMNTS

MARCH 18, 2019

Somewhat ironically, these are some of the same players who now use the card rails to push payments in real time between senders and receivers on their respective platforms – Square Cash App, Venmo and Apple Pay Cash – and pretty cheaply, and very securely, across the debit card rails. See First Data and Fiserv. See Visa and Earthport.

Faster Payments 80

Faster Payments Fed RTP Same Day ACH 80

Payment Savvy

MAY 16, 2023

The RTP Network enables real-time transactions for various use cases, such as B2B and P2P transactions, payroll, and Request for Pay (RfP) services. Wire Transfers Wire transfers, offered by companies like Western Union, can facilitate instant transfers between US bank accounts.

ACH 94

ACH Same Day ACH Direct Deposit Consumer Financial Protection Bureau (CFPB) 94

PYMNTS

JANUARY 16, 2020

When asked about near-term use cases that might be adopted and promoted more widely by CUs (specifically instant payments), Stevens said that, in the U.S., For PSCU, she said peer-to-peer (P2P) is a natural starting point for faster payments adoption, given the emergence of Zelle and Venmo volumes. Eyeing Instant Payments.

Credit Union 55

Credit Union Instant Payments Real Time Payments Credit Union Service Organization 55