In the second quarter of 2025, Venmo’s total payment volume showed a year-on-year growth of about **** percent. The payment method had ***** billion USD worth of TPV at the end of this quarter, compared to ***** billion U.S. dollars in Q1 2025. Venmo is a U.S.-based digital wallet service owned by PayPal. According to a February 2022 survey of online payment users in the United States, ** percent of respondents had used Venmo in the past 12 months. Parent company PayPal ranked first with a U.S. audience reach of ** percent.

Venmo adoption for online payments in the United States was higher in Q1 2025 than it was in early 2020, signaling a growing use among consumers. This is according to two different questions asked throughout multiple surveys from Statista's Consumer Insights. The numbers shown here refer to the share of respondents who indicated they used Venmo in the past 12 months, either for POS transactions with a mobile device in stores and restaurants or for online shopping. None of the respondents from the United States indicated they had used Venmo in a POS setting between April 1, 2024, to March 27, 2025 - with ***** out of 10 respondents saying they used Venmo during this same time for online payments. As of Q1 2025, ***percent of respondents reported using Venmo for online payments.

Venmo users in the United States made up roughly ** percent of respondents in 2025, and were likely to come from a **** income. This is according to questions asked in Statista's Consumer Insights, focusing on what payment services consumers used in the past 12 months. The typical user profile of a Venmo user in the United States was that they were ******, were roughly ******** years old, and fell in the ******* quantile in terms of income.

Key Mobile Payments StatisticsTop Mobile Payments AppsFinance App Market LandscapeMobile Payments Transaction VolumeMobile Payments UsersMobile Payments Adoption by CountryMobile Payments TPV in...

The market share of Venmo in the United States was significantly higher than most other countries in the world. This according to estimates based on website tracking and the technologies used within them, focusing solely on Payment Acceptance and Payment Processing. Note that the percentages, especially, are estimates due to categorization. Nevertheless, it provides an insight in the high use of Venmo in the United States but also the importance of the mobile payment brand in, for example, Latin America. According to estimates, nearly **** percent of merchants in Venezuela with at least one Payment Acceptance or Payment Processor technology up to February 2024 had Venmo on their website.

8.5 x 11 Event VENMO Flyer

Traffic analytics, rankings, and competitive metrics for venmo.com as of June 2025

We use an experiment to examine whether form of payment (cash or mobile money) affects estimates of intertemporal choice and risk taking. We find that form of payment does not affect temporal discounting and risk taking. Given that participants prefer payment via mobile money, the results suggest that there are minimal concerns with using mobile money to pay participants in experimental studies.

Nearly half of websites worldwide that use Venmo as a check-out option in 2023 came from the United States. This according to data from an intelligence tool that tracks the adoption of certain technologies. The figure for the United States alone is higher than all of Europe combined, with only the United Kingdom and Australia boasting noticeable figures. Why this is the case is not immediately clear, as Venmo is only available to U.S. residents. The number of websites shown here for Germany, for instance, does not indicate Germans are using Venmo.

COACCC Event VENMO Flyer 11 x 8.5

Accounts-Payable Time Series for PayPal Holdings Inc. PayPal Holdings, Inc. operates a technology platform that enables digital payments for merchants and consumers worldwide. It operates a two-sided network at scale that connects merchants and consumers that enables its customers to connect, transact, and send and receive payments through online and in person, as well as transfer and withdraw funds using various funding sources, such as bank accounts, PayPal or Venmo account balance, consumer credit products, credit and debit cards, and cryptocurrencies, as well as other stored value products, including gift cards and eligible rewards. The company provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, Zettle, Hyperwallet, Honey, and Paidy names. The company was founded in 1998 and is headquartered in San Jose, California.

PayPal is the most popular digital payment service in the United States with a brand awareness of 91 percent. Second on this list are two other American brands, Venmo and Apple Pay. Both brands are recognized by 81 percent of U.S. respondents, followed by Google Pay. Fifth on this list is Amazon Pay, that was launched in 2007.

For this study, brand awareness was surveyed employing the concept of aided brand recognition, showing respondents both the brand's logo and the written brand name.

Interested in more detailed results covering all brands of this ranking and many more? Explore GCS Brand Profiles. These statistics show results of the Brand KPI survey.

The worldwide number of payment transactions processed by PayPal increased by over five percent in Q3 2024 when compared to Q3 2023. The total number of transactions was about *** billion during the first quarter of 2025, compared to *** billion in the previous year. Whilst this may indicate an increasing use of the digital payment platform, it should be noted that the growth figure of the value of payments processed decreased for several quarters in a row until 2023. PayPal raises profitability concerns in 2023 The increase in transaction volume contrasts against a decline in profit margins. The company's take rate — transaction revenue compared to transaction volume — was *** bps in the second quarter of 2023, a notable decline from the same quarter one year before. Investors were increasingly concerned about the number of users not growing as fast anymore. Competition from credit card companies, fintech solutions such as Apple Pay, or government initiatives like FedNow increased in 2023. Investors hope the arrival of a new CEO could turn PayPal's business around. Is Venmo the key for PayPal? Various investors in PayPal hope the increasingly popular Venmo could become the turnaround for the company. This as PayPal's subsidiary is said to be a popular payment method in social commerce — the purchasing of products on social media like TikTok. PayPal, however, does not share figures on Venmo specifically. The only metric available is its total payment volume. In Q3 2023, Venmo's transaction volume change decreased for the first time in 2023. Analysts fear that Apple's integration of iMessage in every iPhone may limit the expansion of Venmo as a P2P payment method.

PayPal Holdings, Inc. operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. It provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, Zettle, Hyperwallet, Honey, and Paidy names. The company's payments platform allows consumers to send and receive payments in approximately 200 markets and in approximately 100 currencies, withdraw funds to their bank accounts in 56 currencies, and hold balances in their PayPal accounts in 25 currencies. PayPal Holdings, Inc. was founded in 1998 and is headquartered in San Jose, California.

Change-In-Other-Working-Capital Time Series for PayPal Holdings Inc. PayPal Holdings, Inc. operates a technology platform that enables digital payments for merchants and consumers worldwide. It operates a two-sided network at scale that connects merchants and consumers that enables its customers to connect, transact, and send and receive payments through online and in person, as well as transfer and withdraw funds using various funding sources, such as bank accounts, PayPal or Venmo account balance, consumer credit products, credit and debit cards, and cryptocurrencies, as well as other stored value products, including gift cards and eligible rewards. The company provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, Zettle, Hyperwallet, Honey, and Paidy names. The company was founded in 1998 and is headquartered in San Jose, California.

In a January 2021 survey in the U.S., five times more respondents stated they have at some point used PayPal than Apple Pay. PayPal is indeed a well-known brand in the United States, even more so than its own subsidiary Venmo. Regardless, the user base of digital payment methods grew in 2020. PayPal's users worldwide - tracked by way of active registered accounts - continued to increase in 2020, growing by nearly ** percent y-o-y in the fourth quarter of 2020. At the same time, global iPhone users that activated Apple Pay grew by more than ** million people in 2020.

Total-Long-Term-Debt Time Series for PayPal Holdings Inc. PayPal Holdings, Inc. operates a technology platform that enables digital payments for merchants and consumers worldwide. It operates a two-sided network at scale that connects merchants and consumers that enables its customers to connect, transact, and send and receive payments through online and in person, as well as transfer and withdraw funds using various funding sources, such as bank accounts, PayPal or Venmo account balance, consumer credit products, credit and debit cards, and cryptocurrencies, as well as other stored value products, including gift cards and eligible rewards. The company provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, Zettle, Hyperwallet, Honey, and Paidy names. The company was founded in 1998 and is headquartered in San Jose, California.

Online payment processing software developers have experienced immense growth over the past decade. The rapid adoption of online payment platforms in various settings and the rising usage of peer-to-peer (P2P) payment apps like Venmo and Cash App have pushed demand for online payment platforms upwards. As demand has increased, however, competition has also surged as companies aim to capture the demand for convenient payment options. Ultimately, revenue has slightly declined at a CAGR of 0.3% to an estimated $28.0 billion over the five years to 2024, growing 3.9% during 2024. Though online payment processing has been increasingly adopted in multiple transaction settings, intensified competition has dragged down payment fees and cut profit for online payment processing software developers. Companies have still heavily invested in AI and cybersecurity features as threats emerge to remain reliable to consumers. Over the long term, strong consumer spending levels will provide favorable demand conditions for online payment processing companies. The industry will continue to adjust to increased competition, especially as cryptocurrency emerges as a reliable payment option. To meet the data needs of clients, software providers will invest in their IT infrastructure to ensure that their services can keep up with payment habits. Payment platform developers will expand options for investment through their applications, offer financing options for consumers buying from retailers and partner with third-party companies to provide data analytics. These high-value-added initiatives will push revenue upwards at a CAGR of 2.5% to an estimated $33.7 billion through the end of 2029.