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PayPal’s Venmo app makes inroads with merchants

(Bloomberg)—The days when Venmo was just known as the app for splitting dinner bills with friends are over. PayPal Inc.’s peer-to-peer payments service can now be used to make mobile purchases at more than 2 million U.S. retailers, an effort to broaden Venmo’s appeal and bring in more money. The announcement Tuesday significantly expands the […]

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