https://finance.yahoo.com/news/uber-adds-pay-venmo-becoming-153000571.html

Venmo has been around for years, mostly facilitating cash transfers between users for free. It wasn’t until late last year that the company introduced the Pay with Venmo option, which allows it to charge retailers a transaction fee. The feature is now available at more than 2 million merchants, and is part of a broader initiative at PayPal to monetize Venmo, something Chief Executive Officer Dan Schulman has said he’s confident will happen.

is slowing , falling to 80 percent last quarter compared to the prior year. In the quarter before that, year-over-year growth was 86 percent. Investors will get another look at this metric when the firm reports earnings later this month." data-reactid="26">The push for monetization comes as transaction growth on Venmo is slowing , falling to 80 percent last quarter compared to the prior year. In the quarter before that, year-over-year growth was 86 percent. Investors will get another look at this metric when the firm reports earnings later this month.