Venmo borrows popular PayPal feature to expand on its Instant Transfer capabilities

PayPal has been doing pretty much everything in its power to keep the likes of Apple Pay at bay in the increasingly competitive online and mobile payment market, joining forces with Google on a number of mutually advantageous initiatives, vastly improving its main app, and making it easier and faster to transfer funds to a US bank account.

Of course, the company's arsenal includes a popular special weapon in Venmo, the 2009-released digital payments system that PayPal acquired in 2013 as part of Braintree. It shouldn't come as a surprise that PayPal is attempting to unify the ...

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