Venmo opens its P2P mobile payment service to the public

Venmo first popped up two years as an emerging mobile payment start-up, helping users pay each other through text messages. Now, after two years of testing and tinkering, the once private beta service is open to the public though it faces a lot more competition now.

PayPal lets Facebook users pay friends easier

PayPal began as a way to help people pay their friends easily online. Now, it’s taking the logical step of enabling Facebook users to pay their friends using a new Send Money Facebook app. Users can send free payments to each other accompanied by an e-card.