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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.
Zoe Murphy | July 03, 2020
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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.

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