DOWNLOAD VENMO TRANSACTIONS FOR A YEAR DOWNLOAD
Don't have a Venmo account? Creating one is easy and free - sign up online or download the Venmo app through the Apple or Google Play app stores. The rollout of Venmo's new gift-wrapping feature starts today for select customers and will be available for all customers in the coming weeks. These limited-edition designs will be available to customers in the Venmo app in the coming weeks. 3 To help the communities who celebrate make the occasion even more special this year, we will be introducing three Lunar New Year-inspired gift-wrap designs to honor the Year of the Tiger. We saw the number of payments sent including the red envelope emoji during Lunar New Year 2021 increase by 69% percent compared to those sent in 2020. As the pandemic caused people across the country to put in-person celebrations on hold this past Lunar New Year, many of our customers turned to Venmo to keep the tradition going. The launch of this new feature also comes in time for Lunar New Year, a key cultural moment for Asian communities for gifting money to family and loved ones to bring good fortune and happiness. Both the sender and recipient can choose to rewatch the animation at any time from the payment details screen, which they can access by tapping the transaction. From there, the recipient will receive a notification that they've received a gift in the Venmo app, where they'll be able to unwrap the gift and view the custom animated design. Customers can then tap the gift-wrap icon (next to the "Pay" button) and choose the gift-wrap they'd like to send along with their payment, where they will be able to preview the animation before confirming and sending the payment. Simply tap the "Pay or Request" button on the home screen and add the recipient, payment note and payment amount. 2 We're excited to introduce our new gift-wrapping feature to enhance this experience, enabling customers to celebrate with loved ones, no matter how big or small the moment."Ĭustomers can send a gift-wrapped payment in just a few simple steps, at no additional cost. "The present emoji was one of the top ten emojis that customers used in their payment notes in 2021. "Gifting money through Venmo to say 'thanks' or 'just because' is something the majority of our community does year-round, not just during holidays and special occasions," said Darrell Esch, SVP and GM, Venmo. Additionally, eighty-six percent of those surveyed cited the ease of sending as one of their top reasons for choosing to send a gift via Venmo.
Seventy-eight percent of Venmo users indicated that they've sent money as a gift via Venmo or another person-to-person (P2P) payment service in the past year. Consumers continue to adopt digital payments into various parts of their everyday financial lives, and for many, this also includes gift-giving.
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