Finance
PayPal Joins With Bilt to Use Venmo for Rent, Mortgage Payments
Venmo is one of the most popular consumer-to-consumer payment methods in the US.
Photographer: Tiffany Hagler-Geard/BloombergPayPal Holdings Inc. and Bilt Rewards are teaming up to let customers use Venmo to make rent and mortgage payments starting early next year.
Bilt customers will be able to use PayPal’s Venmo service in addition to existing payment options, which include credit or debit cards and electronic transfers between bank accounts, according to a statement Monday.