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People Are Spending More On Venmo Than On Starbucks' Mobile Payments App

People Are Spending More On Venmo Than On Starbucks' Mobile Payments App

Business Insider - John Heggestuen

During the second quarter PayPal-owned Venmo overtook the Starbucks mobile payment app in terms of U.S. transaction volume, according to BI Intelligence estimates. Venmo transaction volume reached $468 million in the second quarter of 2014. That's a 347% increase year-over-year, and an annual run …

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