“The Venmo community has consistently turned to the platform to surprise and delight one another with gifts of money, whether it’s treating a friend their morning coffee, celebrating a ...

Venmo is partnering with greeting card manufacturer Hallmark to let you send a physical gift card loaded with money. Hallmark said that this new line of cards will be available for $4.99 on the ...

“Venmo is a natural place for teens to learn responsible money engagement,” said Erika Sanchez, Vice President at Venmo. The Teen Account gives parents flexibility and lets them monitor spending.

This growth is expected to be driven by low-single-digit button gross profit growth, contributions from Braintree, Venmo monetization, and new initiatives like Fastlane.

Venmo has become the go-to app for splitting bills, paying friends back, and making quick cash transfers. With around 90 million users, it's undeniably popular.

The new partnership is a big deal for PayPal-owned Venmo because of the massive customer reach on Amazon, which has about 147 million Prime customers in the U.S. alone, according to Business of Apps.

Funds from sales are quickly put into a business’s Venmo or PayPal Zettle account, the company says. PayPal charges 2.29% + 9¢ for every sale through the tap-to-pay method across Zettle and Venmo.

Venmo is partnering with greeting card manufacturer Hallmark to let you send a physical gift card loaded with money. Hallmark said that this new line of cards will be available for $4.99 on the ...