Site icon Digital Commerce 360

PayPal raises Venmo fees

(Bloomberg)—PayPal Holdings Inc. increased a Venmo fee as part of a broader push to make money from the fast-growing mobile payment service, prompting backlash from users on social media. PayPal said it will charge 1% when Venmo account holders transfer money quickly to their bank accounts, starting Nov. 6. When the feature was first rolled […]

Exit mobile version