In the first quarter of 2024, Venmo’s total payment volume showed a year-on-year growth of about eight percent. The payment method had 69 billion USD worth of TPV at the end of this quarter, compared to 63.8 million U.S. dollars in Q1 2023. Venmo is a U.S.-based digital wallet service owned by PayPal. According to a February 2022 survey of online payment users in the United States, 32 percent of respondents had used Venmo in the past 12 months. Parent company PayPal ranked first with a U.S. audience reach of 85 percent.
Value of payments processed (TPV - Total Payment Volume) of Venmo from 1st quarter 2017 to 1st quarter 2024
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PayPal, & Statista. (April 30, 2024). Value of payments processed (TPV - Total Payment Volume) of Venmo from 1st quarter 2017 to 1st quarter 2024 [Graph]. In Statista. Retrieved September 19, 2024, from https://www.statista.com/statistics/763617/venmo-total-payment-volume/
PayPal, und Statista. "Value of payments processed (TPV - Total Payment Volume) of Venmo from 1st quarter 2017 to 1st quarter 2024." Chart. April 30, 2024. Statista. Accessed September 19, 2024. https://www.statista.com/statistics/763617/venmo-total-payment-volume/
PayPal, Statista. (2024). Value of payments processed (TPV - Total Payment Volume) of Venmo from 1st quarter 2017 to 1st quarter 2024. Statista. Statista Inc.. Accessed: September 19, 2024. https://www.statista.com/statistics/763617/venmo-total-payment-volume/
PayPal, and Statista. "Value of Payments Processed (Tpv - Total Payment Volume) of Venmo from 1st Quarter 2017 to 1st Quarter 2024." Statista, Statista Inc., 30 Apr 2024, https://www.statista.com/statistics/763617/venmo-total-payment-volume/
PayPal & Statista, Value of payments processed (TPV - Total Payment Volume) of Venmo from 1st quarter 2017 to 1st quarter 2024 Statista, https://www.statista.com/statistics/763617/venmo-total-payment-volume/ (last visited September 19, 2024)
Value of payments processed (TPV - Total Payment Volume) of Venmo from 1st quarter 2017 to 1st quarter 2024 [Graph], PayPal, & Statista, April 30, 2024. [Online]. Available: https://www.statista.com/statistics/763617/venmo-total-payment-volume/