Venmo allows users to make purchases through iPhone mobile apps
Paypal announced during its fourth quarter earning that Venmo will allow users to make purchases in iPhone mobile apps. At the moment, only a selected group of users will be able to try the new function. The launch partners are on demand dinner delivery app Munchery and ticket order app Gametime.
In addition to payments, users will be able to split bills with other users on apps that choose to have this service, so that they can share the cost of a meal or ride.
“Now in limited release, select users can use Venmo to pay for event tickets on Gametime, and to have gourmet meals delivered on Munchery, with more merchants and additional functionality coming soon,” Michael Vaughan, general manager for Venmo, said in a statement. “But, this is just the beginning. From here, we want our users to be a part of this journey, and provide feedback about the experience. We appreciate everyone’s patience and support as we focus on building and delivering upon what our users love: the familiar delight and ease of paying with Venmo within their favorite merchant apps.”
When it’s time to pay with Venmo, the app will offer the option to “Pay with Venmo”. If selected your Venmo account will automatically be connected similar to the way that “Pay with Paypal” operates.
According to MIC News, Paypal had alluded to expanding Venmo’s uses at the end of last year. Though the app had tested a payment button before, this is considered its first official rollout. While only a few Apple users will be able to access "Pay with Venmo" as a way to make purchases for now, the company said it plans to open up the feature to Android phones soon.