Venmo and PayPal users will finally be able to send money to each other

Venmo and PayPal – two of the most popular applications to send money digitally to friends, family or companies – were not already compatible. But according to Venmo, this changes in November.

“Venmo users and PayPal users will be able to push each other in the United States and the world,” Venmo wrote in an e -mail to customers. “This means that Paypal users will be able to find you and push them using your phone number, and then using your email address.”

For years, use customers complicated Solutions To transfer money between services. This has always been a pain point for users, especially since Venmo is owned by PayPal, which causes users to believe that this type of feature will be already present. (Merging the two service may inhibit users to create accounts on both platforms, which leads to the failure of PayPal to enable this feature sooner.)

This change means that Paypal users will now be able to find Venmo users by entering their phone numbers, and then, their email addresses. If you do not want PayPal users to find you, you can update your settings in the Venmo application by moving to settings> Privacy> find me … and while you are in it, you can also default your transactions in Venmo to special settings via settings> privacy. will Thanks for the long term.

Paypal announced that he would do so Expanding her network Of the payment systems in July, starting with Venmo, but companies have not confirmed the date of update yet. This group of partnerships, which Paypal named PayPal World, also works with Mercado Pago, NPCI International Payments Limited and Tenpay Global. This user will help send money internationally without barriers and fees.

Combined, Venmo and PayPal 2 billion global users, according to PayPal.