Every day, millions of people around the globe have to figure out how to pay for the things they need. Whether you're an independent contractor filing an invoice, friends splitting the check or a ...

Venmo is an app for sending money electronically to friends, family, or businesses. You can use the app simply for sending and receiving money, or you may also choose to use Venmo's banking features.

Like other peer-to-peer (P2P) payment apps, Venmo makes sending money to family, friends or businesses convenient, quick and secure. Whether you're paying back your share of last night's dinner ...

Fortunately, the Redford, Michigan, resident had a Venmo account. "I gave them my name to search," Damuth explains. Shoppers then sent money via the payment app for a cashless purchase.