Venmo on Crypto, Budgeting, Savings, & Honey Integrations
The mobile payments app Venmo, which is based in the U.S., is among the most widely used financial technologies that you can find on the market these days. Venmo has recently announced its plans concerning budgeting, saving, and cryptocurrency. To know the details of this announcement and know-how a respectable payment specialist like eMerchantBroker can help you, stay on the page.
Venmo’s Expansion Plans: eMerchantBroker
PayPal is the owner of the Venmo mobile payment service. If you’re a Venmo account holder, you can send your funds to others, using the company’s mobile phone app.
Venmo has decided to put its USD 4 billion Honey acquisition to work via the integration of its shopping tools suite into the Venmo app. This refers to merchant offers, deals, price tracking, as well as wish lists. As a result, users will be able to make purchases, hold and sell crypto via the Venmo mobile app.
When it comes to the announced savings feature, it’ll be similar to PayPal’s PayPal Cash Plus account. As for the Honey integration, the latter will enable merchants to target specific demographics of PayPal and Venmo customers by providing personalized offers and discounts.
Payment integrations are getting more and more valuable. The use of reliable and advanced payment processing services is now more critical than ever before. To find them, consider working with an expert payment processor like eMerchantBroker. This is how you can be sure to enjoy the fastest and the most hassle-free access to the safest and cheapest payment processing solutions in the space.
Venmo & PayPal
Dan Schulman, CEO at PayPal, has recently talked about the new functions for Venmo. Specifically, he’s announced the functions of buying, selling, and holding cryptocurrency, which will become available soon. As it was mentioned above, payment giant PayPal is also expanding its budgeting, savings plans, and other investment alternatives.
On a side note, PayPal is also planning to acquire the cryptocurrency startup Curv, which is based in Tel Aviv, Israel. This is a cryptocurrency security company helping users store crypto assets securely.
So, Venmo has announced its functionality expansion in the upcoming months. Specifically, the company’s expansion plans are associated with crypto, budgeting, savings, and Honey integrations.
Author Bio: Blair Thomas has been a music producer, bouncer, screenwriter and for over a decade has been the proud Co-Founder of eMerchantBroker, the highest-rated high-risk merchant account processor in the country. He has climbed in the Himalayas, survived a hurricane, and lived on a gold mine in the Yukon. He currently calls Thailand his home with a lifetime collection of his favorite books.