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Venmo vs PayPal: Which mobile payment app is right for you?

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Venmo vs PayPal: Which mobile payment app is right for you?

The battle between Venmo vs PayPal isn’t truly much of a fight, since both mobile payment apps are part of the same company. PayPal bought Venmo in 2013 but kept it as a separate entity. 

The digital wallet apps are very similar. They both easily and securely transfer money between bank accounts and process credit card transactions. They’re also free for personal use. But there are key differences; for instance, PayPal now offers business financing options, like lines of credit.

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