Venmo articles

Apple may integrate peer-to-peer payment platform into iMessage

Apple’s mobile payment ambitions apparently run far deeper than contactless payment and digital wallet service Apple Pay. The Cupertino-based company is actively discussing with U.S. banks the possibility of creating a peer-to-peer mobile payment service according to sources familiar with…

eBay agrees to buy PayPal competitor Braintree for $800 million

eBay has agreed to purchase Chicago-based Braintree for approximately $800 million in cash. Founded in 2007 by Bryan Johnson, Braintree provides its customers with a merchant account, payment gateway, recurring billing service and credit card information storage.