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When it comes to using leading wallets, Gen Z is most likely to use Venmo, Apple Pay, and Zelle. They will also drive in-store mobile wallet adoption. Gen Z continues to propel BNPL growth without triggering debt alarms. In 2028, Gen Z will surpass millennials to become the biggest generation of BNPL users.

Perplexity made PayPal its exclusive payment partner, streamlining all AI query-related shopping through PayPal or Venmo. Amazon is testing 鈥淏uy for Me,鈥� which employs agentic AI to facilitate purchases on the customers鈥� behalf. Visa鈥檚 Intelligent Commerce employs AI agents to buy items or services based on a customer鈥檚 pre-set preferences.

Branded checkout and Venmo revenue growth offset lower Braintree revenues, part of an intentional shift away from unprofitable Braintree volume. Value-added services revenues jumped 17% YoY. Transaction margin dollars鈥擯ayPal鈥檚 key measure of profitability鈥攊ncreased 7% YoY, marking five consecutive quarters of profitable growth.

This feature will help Venmo catch up to other P2P apps and bring in more frequent users.

Only the Venmo Credit Card offers similar automation, but the Venmo card isn鈥檛 available in Canada. And there鈥檚 no comparable card in the Canadian market. Our take: The CIBC Adapta card will help the issuer keep up with shifting consumer preferences. The CIBC card should be attractive to consumers in Canada given their love for cash back rewards.

It launched crypto transfers between Venmo users and through external wallets and exchanges.

Starting this summer, users will be able to earn 3.7% annually on PYUSD held in their PayPal and Venmo wallets. Expanded Coinbase tie-up. Coinbase users can now buy and sell PYUSD with no platform fees. The companies are also exploring new stablecoin-based payments and banking solutions, as well as other use cases for PYUSD in DeFi and on-chain platforms.

Shoppers can ask Perplexity to find products and then use PayPal or Venmo to check out鈥攃ompleting the entire process including payment, shipping, and invoicing鈥攚ithout needing to enter a password or any other manual inputs.

The rule mandates that financial institutions (FIs), credit issuers, and payment apps like Venmo and Cash App must transfer consumer financial information to other providers for free at the consumer鈥檚 request. As it stands, large FIs with over $850 million in assets must comply with the rule by 2026. Smaller institutions have until 2030.

Visa+ will connect Venmo and PayPal before expanding to other wallets. Here's what it means for P2P apps.

Payment apps such as PayPal, Venmo, and Cash App have had to rely on QR code payments to give customers an in-store iPhone payment option. But this method has not caught on: Only 2.4% of in-store mobile phone-based transactions were made via QR code in 2023, per Federal Reserve Bank of Atlanta survey data. By contrast, NFC-enabled app and tap-and-pay payment methods garnered a 65.1% share.

For example, PayPal-owned Venmo launched Venmo Groups in 2023, and Apple Wallet began offering Tap to Cash last fall to make it easier to split payments. Our take: This feature can help Monzo keep its current customers more engaged, giving them additional reasons to visit the Monzo app鈥攚hich could boost loyalty.

By integrating with apps and websites that consumers are already using, it makes it easy for them to start using the service, while its competitors like Venmo face the initial hurdle of getting consumers to download their apps. Zelle鈥檚 bank relationships also help to establish trust among its users, building off of the existing trust they have with their banks.

To capitalize on growing stablecoin momentum this year, it introduced a 3.7% annual yield on PYUSD held in PayPal and Venmo wallets. This type of incentive structure can draw in new crypto payment users and help it become a more regularly used form of payment. Payments M&A is taking off.

Which retailer now allows you to check out with Venmo? A) Sephora B) Ulta Beauty C) TJ Maxx D) Target. Sephora customers can now select Venmo as their payment method on the retailer's website or app. August 18, 2025. Which retailer partnered with NLX and Amazon Web Services to launch AI-powered customer service? A) Nordstrom B) Macy鈥檚 C) Saks Fifth Ave D) Bloomingdales.

Venmo. Key takeaways: Gen Alpha鈥檚 preference for digital competitors likely means these payment apps provide the banking basics Gen Alpha needs at this stage. And that includes the ability to buy what they want, pay and receive money from friends and family, and save some money. They may not be interested in more complex banking services at this time in their lives.

Paying by smartphone is now routine for a growing number of consumers, both in stores and online. Recent data shows the size of the user base, shifting demographics, shopper preferences, and how mobile fits into the spectrum of payment options.鈥�

Real-time banking services like Venmo, Zelle, and Google Pay for instant payments and updates. Budgeting tools and AI-powered finance management within their banking apps for seamless financial planning. Access to information like free credit scores in their apps, so they don鈥檛 have to search and potentially pay elsewhere for valuable information.

Payment networks like Zelle, Venmo, and Cash App provide real-time payment options to consumers鈥攂ut they do not settle the funds. For example, Zelle typically credits transactions instantly to payees. But the actual settlement of funds occurs instantly only via the RTP network (if the sender鈥檚 and recipient鈥檚 banks both use it). Otherwise, transactions are settled later via ACH.

And when asked which providers they鈥檇 be likeliest to buy from based solely on brand trust, Gen Xers chose Apple, Venmo, and neobanks at a much higher rate than their older peers did. Baby boomers are banks鈥� most loyal customers. Baby boomers, currently ages 60 to 78, are seeking stability and dependability in their financial lives.