PayPal owns Venmo, so you’ll find some similarities in how both entities handle certain things. Canceling payments is one area where they are very similar, which is sadly a bad thing.

For example, if a person earned $3,000 through PayPal and $2,600 through Venmo, they made a total of $5,600 in taxable income ...

Commissions do not affect our editors' opinions or evaluations. Although Venmo’s peer-to-peer payment service is convenient and easy, this co-branded credit card is a Ven-No. You will likely ...