fintechOctober 19, 2017
Venmo Payments Now Accepted at 2 Million Retailers
PayPal has helped to secure the ability for Venmo payments to be accepted at over 2 million retailers; users will be able to make purchases in store and online using the Venmo app; the move will help PayPal to get merchants interested in other products and allows them to begin monetizing Venmo; the strategy is another piece of good news for PayPal as just this week they surpasses Amex in market cap. Source.