PayPal announced a major expansion of Venmo, enabling users to send and receive money globally by connecting with PayPal’s network across more than 90 markets.

The integration allows seamless peer-to-peer payments between Venmo and PayPal users using just a phone number, eliminating the need for complex account details and addressing fragmentation across payment platforms.

The move significantly expands Venmo’s reach and positions the combined ecosystem as one of the largest global P2P payment networks, supporting faster and more convenient cross-border transactions.
PRNewsaire