The Real Secret to Venmo is the Social Experience, Says PayPal CEO

The real secret to Venmo is that it’s not just a payment transaction, it’s really a social experience, says PayPal CEO Dan Schulman. “It really is tying into this desire in the millennial generation to tie into your social network,” noted Schulman. “It’s really a social experience.”

PayPal Gives You Your Own Link to Request Money

PayPal has just launched its own peer-to-peer payment service to compete with the likes of Square Cash and Google Wallet. It’s called PayPal.me, and it’s a custom URL that’s linked to your PayPal account. Users can send their custom URL…