PayPal rolls out Venmo mobile payments across the United States

paypal venmo mobile payments

Millions of American retailers can now accept transactions through the system using the mobile web. This week, PayPal announced that over 2 million American retailers will soon be accepting Venmo mobile payments as a checkout option. This system is launching across the United States and reflects PayPal’s growing partnership with Venmo. The Venmo mobile payments checkout option will soon become available at any U.S. location that PayPal is accepted. Businesses with Venmo will be able to accept the transactions by way of the Braintree platform. This allows Venmo customers to…

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Venmo QR codes launch to make it easier for users to share their profiles

Venmo QR Codes scans by men

The new quick response codes are supposed to help users connect with their friends more quickly. New Venmo QR codes recently rolled out for users of the mobile payments app. The idea is to use the quick response codes simplify the process of finding their friends within the application. The QR codes are available in both the Android and Apple iOS versions of the Venmo mobile app. All users need to do to use the Venmo QR codes is tap the new “Scan Code” menu option. This feature launches a…

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Google’s mobile payments platform is now FDIC-insured

Google Wallet Mobile Payments

Google wins FDIC coverage for its mobile payments service Those using Google Wallet are in for some good news. Funds associated with the mobile payments platform are now insured by the Federal Deposit Insurance Corporation (FDIC). This federal organization provides insurance coverage for funds held by banking institutions up to $250,000. This means that if Google Wallet were to be dissolved entirely, those using the service will not lose the funds they have stored on the platform. Google Wallet now has insurance coverage for its funds Google Wallet is one…

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New mobile payments app aims to change the way tipping works

Alibaba shows interest in mobile payments from Apple Pay

New tipping app has been launched in Las Vegas A new mobile payments application is being launched in Las Vegas, Nevada. The app, called Tip.ly, is designed with tips in mind. Many of the people that work in Las Vegas, particularly those that work on the Strip, survive off the tips they receive from customers. The new app is meant to make it easier for people to tip for the services they receive, further removing the need for cash. App uses money transfer system and facial recognition technology to issue…

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Venmo may be the next mobile commerce success story

mobile commerce trend interest

Venmo continues to gain momentum in the mobile payments space Venmo may be the next big thing in mobile commerce. Venmo is owned by PayPal and is well on its way to becoming a very powerful and influential mobile commerce application. The app was launched less than two years ago and has already managed to reach the same level of transaction volume as Starbucks’ own mobile commerce application. Venmo has managed to win favor with consumers due to its convenient nature and its peer-to-peer, social features. PayPal may be able…

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