Highlights : About Venmo
Expense Splitting & Sharing
Bank Account Linking
Payment Data Encryption
Credit or Debit Card Linking
Transaction Alerts
Data encryption
Product Details
Features
Expense Splitting & Sharing
Bank Account Linking
Payment Data Encryption
Web & In-App Purchases
Credit or Debit Card Linking
Transaction Alerts
Data encryption
Request money
Social currency
Payment check-out
E-tickets sent via email
ACH Check Transactions
Online Payments
Transaction Data Management
Receipt Printing
Sync with Facebook and phone contacts
Benifits
Brand Exposure
With Venmo, businesses can spread awareness far and wide about them. That is because the app connects users with their circles of friends and when one posts about a purchase in a store, it is seen by many. This creates a conversation about the brand and since word-of-mouth is the best marketing tool, it can convince others to buy from the brand, too.
Intuitive Payment Experience
Businesses accepting Venmo provide customers with an intuitive, seamless, and expeditious payment experience. Users can pay for their items with just a few taps, fast-tracking the enjoyment of their newly-purchased items.
Worry-Free Selling
Venmo takes care of securing and protecting users’ financial information by utilizing encryption technology in bank or card linking and verification processes as well as during web or in-app transactions. This lets businesses focus more on the selling rather than worrying about customer’s bank account or card details getting leaked.
The PayPal Connection
As Venmo is a service created by PayPal, merchants already accepting payments through the online payment gateway can easily take disbursements from the digital wallet. Users can find the Venmo option once they click on the PayPal button, allowing them to pay for their purchases online or in-app securely.