Venmo is now here for your online shopping payment needs

Bust out those jeans and high heel emojis – Venmo is about to change your online shopping game.

On Tuesday, PayPal-owned Venmo announced that its users will soon be able to use Venmo to make merchant payments online. The move marks a shift for the app from a primarily peer-to-peer service to a more full-service payment platform. 

It is also the next step toward monetizing Venmo, following the company’s July 2016 rollout of in-app purchases. With each payment made online using Venmo, PayPal will charge the merchant a fee. PayPal’s standard rate is 2.9% + $0.30 per transaction. Read more…

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Source: Mashable | Venmo is now here for your online shopping payment needs