PayPal has made its P2P mobile payments service Venmo available at more than 2m US retailers, so Venmo customers can use their accounts to make purchases through their phones.
Via the mobile web, those with Venmo accounts will be able to use their balance or linked bank accounts to shop on the mobile sites of almost every retailer that accepts PayPal, such as Lululemon, Forever 21, and Foot Locker.
“Offering a way to pay at millions of retailers is a major step in the evolution of Venmo,” said Bill Ready, Chief Operating Officer of PayPal. “Our vision for Venmo is to not only be the go-to app for payments between friends, but also a ubiquitous digital wallet that helps consumers spend wherever and however they want to pay, regardless of device. Through 2017 and beyond, we will continue to evolve the payments experience that has helped make Venmo a cultural staple, while also applying that same magic to split, share and pay in new ways.”
In addition, merchants on the PayPal’s Braintree platform can now accept Venmo via mobile web, on top of the existing in-app payment support.
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