Venmo Is Going All In On Mobile Payments (appleinsider.com)
Venmo, the PayPal-owned, peer-to-peer payments app, is ending web support for its service. When the changes are all rolled out, users will only be able to make payments and charge users via the iOS or Android app. TechCrunch reports: The message to users was quietly shared in the body of Venmo's monthly transaction history email. It reads as follows: "NOTICE: Venmo has decided to phase out some of the functionality on the Venmo.com website over the coming months. We are beginning to discontinue the ability to pay and charge someone on the Venmo.com website, and over time, you may see less functionality on the website -- this is just the start. We therefore have updated our user agreement to reflect that the use of Venmo on the Venmo.com website may be limited."
The decision represents a notable shift in product direction for Venmo. Though best known as a mobile payments app, the service has also been available online, similar to PayPal, for many years.
The decision represents a notable shift in product direction for Venmo. Though best known as a mobile payments app, the service has also been available online, similar to PayPal, for many years.
This is why Zelle is killing Venmo. It is a product provided by banks to their customers. If banks don't want to get on board with Zelle, they risk losing customers to banks that do.
I'm a good cook. I'm a fantastic eater. - Steven Brust
Those were the two main reasons my company dropped our web site and went to only an iOS app. We wanted to confirm the location of our users and record a verbal confirmation of actions. It's terrible for privacy, but has saved us several times when someone claimed they didn't do something and we could play the recording and show their location to their boss. It's hard to deny, for example, placing an order after we recorded the employee's location at their house.
Isn't Venmo/Venom/Vomit the company that also makes users' transactions public as part of some sort of "social network"?