Social payments app Venmo has added a few new features that make it easier to set up your account as well as pay with a thumb tap if you happen to own a later-generation iPhone.
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 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.