PayPal vs. Venmo: Comparison
PayPal and Venmo are two of the biggest names for digital wallets or online money transfer. Both are highly reliable and very popular, but there are some differences between them. Let’s take a look at the differences between PayPal and Venmo. But before we start this comparison, I would like to tell you that Venmo is owned by PayPal and was launched in December 2013. So all the transactions on both services are technically handled by PayPal Inc. Now let’s move to the main topic. International Payment Options You can use PayPal for international payments; it works in more than 200 countries and supports 25 different currencies; on the other hand, Venmo is limited to the US only. You can’t make international payments using it. Target Audience PayPal can be used to transfer money for business and individual purposes, but Venmo’s true purpose is transferring small payments such as funds between friends, meal tickets, split cab rides, etc. Security PayPal provides you with robust buye...