Member Exclusive, Payments

Venmo launches business profiles, takes another step toward monetization

  • The popular P2P app continues to look for opportunities to monetize its popularity.
  • It's launching basic store fronts for small sellers on the app.
close

Email a Friend

Venmo launches business profiles, takes another step toward monetization

Venmo announced that it’s rolling out a new feature called Business Profiles, which gives small businesses the ability to have an enhanced professional profile page on the app.

The pilot exposes sellers to Venmo’s community of more than 52 million users to generate interest, referrals and awareness for your business. 

  • The monetization of the popular P2P app has been prioritized by PayPal management.


This content is available exclusively to Tearsheet Outlier members.

Tearsheet Outlier information and signup Missing out? Subscribe today and you’ll receive unlimited access to all Tearsheet content, original research, exclusive webinars and events, member-only newsletters from Tearsheet editors and reporters and much more. Join Outlier now — $59/mo Already an Outlier member? Sign in to your account

0 comments on “Venmo launches business profiles, takes another step toward monetization”

Member Exclusive, Payments

Contactless pay is here to stay: What about QR codes?

  • The use of QR codes is slowly growing in the US.
  • Their increased popularity may stick around even after the pandemic.
Rivka Abramson | January 11, 2021
Payments

The ins and outs of payment operations with Modern Treasury’s Dimitri Dadiomov

  • As fintech companies grow, payment flows and reconciliation get more complex.
  • Modern Treasury is a payments operation platform working across a variety of use cases and industries.
Zachary Miller | December 29, 2020
Payments

Payments in 2021: Experts weigh in with their perspectives on retail, financial inclusion, and contactless

  • Industry experts weigh in on upcoming payments trends in 2021.
  • We explore financial inclusion, the impact of contactless payments on payroll and more.
Rimal Farrukh | December 18, 2020
Member Exclusive, Payments

7-Eleven launches a mobile wallet

  • Customers can now use 7-Eleven’s mobile wallet for direct purchases within any of the chain’s U.S. stores.
  • Customers can fund their wallet both digitally and with cash
Rivka Abramson | December 04, 2020
Member Exclusive, Payments

Square’s Cash App continues to scale the bitcoin hype wall

  • Bitcoin prices are up over 100% year to date.
  • Square's Cash App is riding those prices higher as it sees record bitcoin revenues.
Zoe Murphy | November 10, 2020
More Articles