Payment app Venmo is often used in social situations, like when divvying up the restaurant bill between friends, but its fast growth is indicating that it may become the go-to payment for various Millennial transactions. Online consignment shop Twice has teamed up with Venmo to make the retail carousel spin even faster, offering resale clothing sellers and buyers the option to exchange money via the mobile app. The addition of Venmo as a payment option was requested by Twice’s younger consumers, and simplifies the process even more. (Businessweek)
