If you’ve ever used Venmo to split the bill after dinner, pay your roommate for rent or even shop online, you might have wondered: How does Venmo make money if it’s free to use? Venmo has become one ...

Much like a golf course, Venmo can bring some unexpected traps and other hazards. The popular payment app enables users to send requests and payments to Venmo accounts listed as public — a default ...

(NewsNation) — If you use payment apps like Venmo, Cash App or PayPal for more than just splitting a bill, there could be some important filing documents coming your way this tax season. A rule ...

(NewsNation) — JetBlue recently announced it has become the first airline to allow travelers to pay through Venmo. The feature is currently available on the company’s website and will soon be ...

For tax year 2024, the threshold to receive Form 1099-K for payments through payment platforms is $5,000. The IRS considers money paid through the platforms for goods and services as income, even when ...