Category: Venmo

Venmo enables users to automatically buy crypto with ‘cash back’ rewards

August 11, 2021

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Paypal-owned payments firm Venmo has expanded its crypto support by enabling credit cardholders to convert their cash back rewards into four digital assets hosted on the platform. 2844 Total views 59 Total shares Paypal-owned payments firm Venmo has launched a new crypto ‘cash back’ feature that includes zero transactions on crypto purchases. According to an […]

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PayPal set to launch crypto trading in the UK and may embrace DeFi

July 30, 2021

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The global payments platform wants to let British customers trade crypto on its new “super app”. 4210 Total views 349 Total shares Global payments platform PayPal is looking towards the United Kingdom as the next market in which to expand its crypto trading services. According to the company’s second-quarter earnings call on Wednesday, PayPal has […]

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PayPal Says Venmo Under Investigation in US by Consumer Regulator

February 5, 2021

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The U.S. Consumer Financial Protection Bureau is probing the social payments app, according to Reuters. (Michael Vi/Shutterstock) Feb 5, 2021 at 2:17 p.m. UTC PayPal Says Venmo Under Investigation in US by Consumer Regulator Fintech giant PayPal said Friday its Venmo app is being investigated by a U.S. consumer watchdog. The company has received a […]

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Bitcoin soars to $12.9K as PayPal proves crypto is ready for everyone

October 21, 2020

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Further gains in Wednesday trading come as mixed reactions flow in over PayPal’s decision to support four cryptocurrencies in 2021. 6072 Total views 52 Total shares Bitcoin (BTC) hit highs of $12,865 during trading on Oct. 21 as news that PayPal would support cryptocurrency continued to boost markets. Cryptocurrency daily market overview. Source: Coin360 BTC […]

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Bitcoin breaks above $12.3K after PayPal says Venmo will become a BTC wallet

October 21, 2020

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The long-awaited “flippening” of fiat at PayPal will begin next year, as Bitcoin price action offers almost 5% daily gains. 16217 Total views 322 Total shares Bitcoin (BTC) gained almost 5% on Oct. 21 as bullish price action combined with fresh corporate adoption news to boost gains. Cryptocurrency market daily performance overview from Coin360 PayPal […]

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