Venmo, the P2P payment app, will be a big focus for PayPal in 2020. Venmo, ... A PayPal logo is seen on an iPhone screen. NurPhoto via Getty Images.

When PayPal acquired Braintree in 2013 they also got Venmo, which used to be accepted as a form of payment in some mobile apps. PayPal took the Venmo tech and merged it with PayPal One Touch.

Investors will be waiting for Paypal's plan to monetize Venmo, which will boost revenue. The peer-to-peer payment app is popular but weighs on the take rate.

Amazon and PayPal announced on Wednesday that they agreed to disable the Venmo payment option starting as soon as next month. Venmo was founded in 2009 and acquired by PayPal in 2013.

UKRAINE - 2021/04/30: In this photo illustration, PayPal logo is seen displayed on a smartphone screen in front of Venmo logo. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via ...

For PayPal and Venmo, adopting Apple Pay support for their debit and credit cards certainly took long enough. These days, it’s harder to find a card that doesn’t work with Apple Pay.

In November 2010, the Venmo team found itself at an inflection point. The payments-processing startup had only $500,000 left in the bank, just a few hundred regular monthly users, and no idea of ...

Finally, PayPal also says that consumers will be able to add their PayPal and Venmo-branded debit and credit cards to Apple Wallet and Apple Pay next year. Add 9to5Mac to your Google News feed.