GoKawiil
Tech News
Venmo has launched a receipt scanning tool that automatically itemizes a bill, calculates tax and tip, and splits costs among users before compiling a payment request within the app. The feature works across mobile devices and is rolling out now, with wide availability expected within a few weeks, according to Venmo.
Venmo is rolling out a feature that scans a photo of a restaurant receipt and automatically calculates each diner's individual share. The tool is designed to handle itemized costs, replacing manual tallying of who ordered what.
Apple's Messages app on iPhone ships with up to 14 built-in iMessage apps, such as location sharing, voice memos, GIFs, Venmo and ESPN, arranged in a default order that often buries frequently used tools at the bottom. Users can manually rearrange this dropdown menu so their most-used apps appear at the top instead of relying on Apple's default layout.
Venmo introduced a feature called split-to-earn that gives credit cardholders additional cash back when they use the app to divide eligible purchases with friends. The reward applies on top of existing cash-back terms for qualifying transactions.
Stripe and private equity firm Advent have dropped their pursuit of acquiring PayPal, according to people familiar with the matter cited by Bloomberg. The pair had reportedly offered around $53 billion in July when PayPal shares were depressed, but PayPal rejected the bid and was said to be awaiting a higher offer before the talks collapsed.