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Look who is giving a Tough Fight to Starbucks’ Mobile Payments

Venmo successfully overtook Starbucks mobile payment app this quarter in terms of U.S. transaction volume as per recent estimates. The transaction volume reached $468 million in the second quarter this year.

This shows a 347% YoY (year-on-year) increase with an annual run rate of around $1.9 billion. Comparatively, Starbucks’ payment volume reached $413 mil ...

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