There is one peer-to-peer (P2P) payment app millennials seem to prefer more than any other, and it is Venmo if the number of payments processed is to be believed. Now PayPal (NASDAQ:PYPL) is expanding the capability of Venmo users by allowing them to make purchases from the more than two million merchants on the PayPal platform.
PayPal owns Venmo through its acquisition of Braintree. So bringing the millions of monthly Venmo users and million of merchants on the PayPal platform together was a smart move.
https://smallbiztrends.com/2017/10/venmo-now-lets-users-pay-online.html
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