Venmo’s path to profitability for PayPal: Cashing in on $62 billion payments processed per year

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Venmo's path to profitability for PayPal: Cashing in on $62 billion payments processed per year

Venmo has changed the way people reimburse each other. From rent to dinner checks and bar tabs, to "venmo" someone has now become a verb. But have you ever wondered how the app makes money?

Source: Business News –

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