Tag: Venmo

Consumer demands for ‘instant gratification’ require right-now payments

If you thought the past year brought aggressive expectations from consumers, you might want to brace yourself for the next 12 months. And you can’t really blame them. That mentality isn’t greedy or unfounded or above and beyond the realm of reason. After all, in a world where social security numbers were compromised in an…
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February 12, 2018 0

Venmo adds instant transfers to counter rivals

PayPal has been working to expand Venmo’s audience beyond millennials for more than a year, a strategy that it hopes to further with instant transfers. Bloomberg News For a fee of $0.25, users can deposit funds into their debit cards in up to 30 minutes, rather than current wait time of up to three days.…
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January 27, 2018 0