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PayPal's Venmo Users Ready to Buy

Users of PayPal's Venmo application can now shop online at more than 2 million U.S. retailers via the mobile Web. 

Venmo customers will now be able to shop at merchants that currently accept PayPal such as LuLulemon, Foreever 21, and Foot Locker using their existing account balance or a linked credit card, debit card, or bank account. Businesses using the PayPal or Braintree platforms can now offer Venmo as a mobile payment option.

“Offering a way to pay at millions of retailers is a major step in the evolution of Venmo,” said Bill Ready, Chief Operating Officer of PayPal.

“Our vision for Venmo is to not only be the go-to app for payments between friends, but also a ubiquitous digital wallet that helps consumers spend wherever and however they want to pay, regardless of device. Through 2017 and beyond, we will continue to evolve the payments experience that has helped make Venmo a cultural staple, while also applying that same magic to split, share and pay in new ways.” 
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