![]() With PayPal, you can also spend cryptocurrency, make touchless payments (including through QR codes), send money with creative messages and GIFs, and support crowdfunding campaigns. Whether your business is a small startup, medium-sized organization, or large enterprise, PayPal lets you make and accept payments, streamline operations, and manage risk - all from one powerful platform. But it’s PayPal’s business account features that really shine. You can hold a personal account with PayPal and be able to shop online buy now and pay later and send, receive, and manage personal transactions. PayPal overviewĬompared to Venmo, PayPal is used more in online commerce, as opposed to peer-to-peer transactions. So, if you’re on the fence about which payment app is best for you, let’s check out some similarities and differences between PayPal vs Venmo. Choosing the one that’s right for you depends on what you’re looking for. Still, the two services offer different benefits. PayPal owns Venmo, and they offer some similar services - including free transfers to bank accounts - to provide the same convenient methods for paying friends as well as merchants. However, few digital payment services are as popular as Venmo and PayPal. Nearly all digital payment services - at least the most popular ones - are user-friendly, free, safe, and secure, and they’re available on iOS, Android, and the web. Contactless transactions - both person-to-person and person-to-merchant - are more popular and accessible than ever. When it comes to mobile payment solutions, there seem to be an endless number of options.
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