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Venmo, a payment wallet available from PayPal, has 60 million active monthly users in the US. There are another 436 million active users worldwide who maintain PayPal-branded wallets, including unbranded wallets tied to merchants.
Consumer Venmo and PayPal wallets hold funding instruments including bank account information, credit and debit cards and PayPal balances that can be used to make purchases at the tens of millions of merchants worldwide that offer PayPal as an acceptance brand at checkout.
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