Is PayPal and Venmo the Same?
Nope, not quite! PayPal and Venmo are owned by the same company, but they serve different purposes. PayPal is more versatile, used for online shopping and business transactions, while Venmo is primarily for peer-to-peer payments between friends.
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Venmo is PayPal's younger, cooler cousin. PayPal handles more formal transactions like business and international payments, whereas Venmo is for splitting the dinner bill with your buddies.
Nope, they鈥檙e not the same. Venmo is for sending money to your friends for pizza, and PayPal is more for business and shopping.
Close, but not the same! Both are great and safe to use.
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