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Topic: Venmo

Consumer Reports crowns Apple Pay Cash best P2P payments service

08/06/2018, 11:08 pm

Consumer Reports compared five different platforms in the publication's first evaluation of mobile person-to-person payment systems, with Apple Pay Cash emerging the victor over segment rivals including Venmo and Square.

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Apple still working on P2P payment transfer service to compete with Venmo

04/27/2017, 10:04 am

Apple is said to be working on its own peer-to-peer money transfer service, potentially under the secure Apple Pay umbrella, allowing users to quickly and securely send money to one another, much like Venmo and Square Cash.

13 comments

Apple likely to lose money on person-to-person money transfers through Apple Pay

12/01/2015, 10:12 am

If Apple does indeed get into rumored person-to-person money transfers via Apple Pay, the company stands to lose money on each transaction in the short term, accepting the losses as a way to further drive adoption of its mobile payment service, analysts believe.

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PSA: Don't use P2P money transfer services like Venmo with people you don't know

11/24/2015, 03:11 pm

While smartphone-based person-to-person payment services are convenient, they aren't necessarily a secure or guaranteed way to receive money. If you're doing business with an unknown person, such as selling an item on Craigslist, you should just stick to cash. Here's why.

39 comments