🎉United States 🇺🇸: Venmo and PayPal users will finally be able to send money to each other

Morgan Ellis

🎉United States 🇺🇸: Venmo and PayPal users will finally be able to send money to each other

Although Venmo has been owned by PayPal since 2013, the two services have not been interoperable until now. That will change in November.

▶️The new integration will benefit not only U.S. users but also customers in other countries.

▶️PayPal users will be able to find Venmo users through their phone number or email address. Those who prefer privacy can adjust their settings in Venmo, both for profile visibility and transactions, which will be protected by default.

▶️Context: Venmo and PayPal together have a global user base of 2 billion people.

▶️Additional note: in July, PayPal announced the expansion of its global payment network through partnerships with MercadoPago 🇦🇷, NPCI International Payments Limited 🇮🇳, and Tenpay Global 🇸🇬.

#news #USA #p2p #world_wide

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