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September 19, 2012 11:00 pm GMT

Venmo Founder: You Wont Be Swiping Credit Cards in 2017


Forget your wallet at home? That's no longer an earth-shattering problem -- you can pay via Google Wallet , LevelUp or PayPal, or you can have a friend spot you and transfer them money through Venmo. The free, friend-to-friend mobile payment platform launched in 2009, and is now available on iPhone, Android, BlackBerry and web, with integration via Twitter, Facebook and Foursquare.

With mobile payments projected to reach $1.3 trillion by 2017, the industry is filled with a lot of players. Just last month, Venmo was acquired by Braintree for $26.2 million, and the company processes $10 million each month.

We asked Andrew Kortina, co-founder of Venmo, about the mobile payment space, how…
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More About: Mobile, Tech Innovators Series, apps, features, mashable, mobile payments, venmo


Original Link: http://feeds.mashable.com/~r/Mashable/~3/zy5Htuzk6tU/

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