When the Venmo mobile payment app (which is owned by PayPal) started introducing support for third party apps last year, many saw the move as a ploy to get more money by way of additional business transactions, including those coming from Delivery.com, Parking Panda, and even Poshmark.
It goes without saying that Venmo is hardly the only service of its kind -- rival Zelle happens to have the backing of over 30 major banking institutions with operations in the United States, and on top of that, Zelle can transfer funds easily between the bank’s own mobile apps without ever needing to make use of a middleman such as PayPal or even Facebook’s Messenger platform.
Not a bad start for Samsung Pay, the mobile payment system developed by Samsung. To date, Samsung Pay has already gained approximately 1 million users in its native country, South Korea. It may not have replicated that success in the United States market (where it officially launched last month), but the initial uptake is not too disappointing overall (managing to finally snagVerizon Wireless along the way).
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