"Venmo and PayPal - two of the most popular apps for digitally sending money to friends, family, or businesses - have never been natively compatible. But according to Venmo, this is going to change in November. "Venmo users and PayPal users will be able to pay each other in the U.S. and worldwide," Venmo wrote in an email to customers. "That means that PayPal users will be able to find and pay you using your phone number, and later using your email address.""
"For years, customers have been using convoluted workarounds to transfer money between the two services. This has long been a pain point for users, especially since Venmo is owned by PayPal, leading users to assume that this kind of feature would already exist - but perhaps integrating the two services would discourage users from making accounts on both Venmo and PayPal, disincentivizing the company to enable this feature sooner."
Venmo and PayPal will become natively compatible in November, allowing users to pay each other in the U.S. and worldwide. PayPal users will be able to find Venmo users by entering their phone numbers, and support for searching by email addresses will follow later. Customers previously relied on convoluted workarounds to move money between the two services. Venmo is owned by PayPal, which may have delayed integration to avoid discouraging separate account creation. Users can prevent PayPal accounts from finding them by changing Venmo privacy settings at Settings > Privacy > Find me... and can default transactions to private via Settings > Privacy.
Read at TechCrunch
Unable to calculate read time
Collection
[
|
...
]