If you’ve received your Venmo card, you’re probably eager to start using it. But you’ll need to activate it. Here's how to activate your Venmo debit card.

The company’s branded checkout business — historically its most profitable segment — faces mounting competition from Apple Pay, Google Pay and others.

Venmo (PYPL) has come a long way since it was created in 2009 by two University of Pennsylvania students trying to split their frozen yogurt tab.

If you sell goods or services or rent property, and get paid through Venmo, PayPal, Cash App or another payment app, you may have been surprised by a Form 1099-K this year.

PayPal Holdings Inc (NASDAQ: PYPL) chief executive Alex Chriss says Venmo will be generating more than $2.0 billion in annual revenue by 2027. He made the forecast at the company’s investor event on Tuesday.

If you received a total of $5,000 or more through a payment app in 2024, that company is now required to report that amount to you — and to the IRS.

Facing competitors like Cash App, Zelle, and Apple Pay, PayPal is focused on expanding Venmo’s role in digital commerce.

PayPal says Venmo will be generating $2 billion in revenue by 2027. Its chief executive Alex Chriss explained how at an investor event today.

So mobile payments stock PayPal (PYPL) has some very ambitious targets for Venmo in 2027. In fact, PayPal wants to get Venmo up to the $2

Nearly one in four Zelle spenders—roughly 23 million people—sent a payment to a small business in the last three months of 2024.