In the increasingly crowded market for peer-to-peer payments, Venmo is showing momentum while Cash App has hit a rough patch. Venmo and Cash App are simultaneously competing to gobble up more ...

Fortunately, the Redford, Michigan, resident had a Venmo account. "I gave them my name to search," Damuth explains. Shoppers then sent money via the payment app for a cashless purchase.

Like other peer-to-peer (P2P) payment apps, Venmo makes sending money to family, friends or businesses convenient, quick and secure. Whether you're paying back your share of last night's dinner ...

Venmo, long a centerpiece of PayPal's growth story but often criticized for its lack of monetization, is becoming a bigger contributor to the business. Stream Connecticut News for free, 24/7 ...