PayPal gives its Venmo mobile payments app an overhaul

Mobile payments - PayPal logo on phone

The company’s stock has tumbled as much as 6.5 percent since last summer following product revamps. PayPal Holdings CEO Alex Chriss recently promised that the company would “shock the world” with changes coming up to products like its mobile payments. The announcement and the optimism it brought sent the stock price up by 5 percent for the days following. The upgrades include mobile payments app Venmo revamps as well as the opportunity to use the PayPal app to earn cash back. Furthermore, the checkout process for consumers has been streamlined,…

Read More

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…

Read More

Latest mobile trends lead to development of seamless money exchange app

Mobile Money Exchange App - Venmo

  New application allows smartphone users to easily split checks. Social network, Venmo, has come up with a cutting edge solution that fits beautifully with the latest mobile trends for making payments and other forms of transactions using smartphones. It is designed to eliminate the frustrating problem that can occur among friends when a bill must be split. Traditionally, one person has to pay for the item – such as a meal at a restaurant or a wedding gift – and then the other individual(s) must make an effort to…

Read More