Transaction Volume for PayPal’s Venmo Surges

Venmo‘s payment transaction volume reached an all-time high in 2Q this year, PayPal reported. According to yesterday’s earnings call, Venmo processed $14.2 billion in payment volume during the second quarter. This represents an enormous 78% YOY increase. Over a 12-month period, Venmo reported $46 billion in transaction volume. In the earnings call yesterday, PayPal CEO Dan …Read More

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