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Venmo & Mobile Payments!
Where we are, where we’re going
+ +
The Beginning
two guys with a problem - make it easier than writing a
check
It’s a simple idea. Why can't your phone
replace your wallet?
MAKE MONEY TASTE LIKE HONEY
!
- IQRAM
So, what’s taking so long?
Well, the payments industry is hard.
Well, the payments industry is hard.
Well, the payments industry is hard.
Well, the payments industry is hard.
Well, the payments industry is hard.
Well, the payments industry is hard.
Well, the payments industry is hard.
Well, the payments industry is hard.
Well, the payments industry is hard.
Well, the payments industry is hard.
So we decided to focus on easy
Calculate Risk Differently
>
Make signup smooth
Keep payments free
Make payments easier
What’s next?
CONNECT THE WORLD AND EMPOWER
PEOPLE THROUGH PAYMENTS
- LUCAS
CONNECT THE WORLD AND EMPOWER
PEOPLE THROUGH PAYMENTS
- LUCAS VENMO
Payments as Social Recommendations
Include a link to your app so
friends who learn about it can
install it, expanding your reach
Get creative with the note and set
the audience to public
!
!
Your customer’s Venmo friends
will see these payments in their
news feeds
25
• GetMaid, an on-demand premium maid service, uses Venmo Payouts to
pay maids on a weekly basis.
• Venmo Payouts provides a simple and quick way to pay out to
contractors. As a small business, GetMaid preferred not to assume the
compliance burden of collecting bank account information of maids for
ACH transfers. Venmo simplifies the entire process, allowing partners to
pay to phone numbers or email addresses.
GetMaid + Venmo Payouts
26
User selects
“settle up” to
settle the bill
recorded in
Splitwise.
Splitwise + Venmo App Switch SDK
User confirms
recipient,
amount, and
date
App-switch to
Venmo app.
Transaction is
pre-filled with
recipient,
amount, note,
and privacy
Once user
completes
transaction,
Splitwise
confirms that
tab has been
settled
2048 Against Cancer
Free Bike Project
Malaria No More
The Payment Landscape
Source: Forbes
@eartothenoise
hamilton@venmo.com
31
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