Valued at a market cap of $20.7 billion, Global Payments Inc. (GPN) is a payment technology and software provider headquartered in Atlanta, Georgia. It enables businesses of all sizes to accept and process payments securely across card, digital, and check-based channels. The company is expected to announce its fiscal Q3 earnings for 2025 on Wednesday, Oct. 29. Ahead of this event, analysts expect this payment technology company to report a profit of $3.05 per share, up 4.1% from $2.93 per share in the yea ...

Core Insights - Venmo is accelerating its expansion into commerce solutions, enhancing customer rewards for in-store and online purchases with the Venmo Debit Mastercard [1][6][10] - The brand is launching a new campaign featuring Aimee Lou Wood and Patrick Schwarzenegger to promote the versatility and rewards of using Venmo for various transactions [10][11] Company Developments - Venmo has over 64 million U.S. accounts actively using the platform monthly for peer-to-peer payments and is evolving to offer more flexible spending options [5][6] - In Q1, Venmo's revenue increased by 20% year-over-year, with total payment volume rising over 50% and monthly active accounts up by 30% [6] - The Venmo Debit Card is gaining traction, with a 40% increase in monthly active cardholders as users adopt it for in-store and online payments [6] Product Features - New limited-time cash back offers allow Venmo Debit Card users to earn 15% cash back at popular brands like Sephora, Walmart, and McDonald's [7][8] - The Venmo app now supports features such as in-app payments, automatic fund transfers, international purchases without fees, and pass-through FDIC insurance for funds held in Program Banks [8] Marketing Strategy - The new brand campaign, "Venmo Everything," aims to showcase the ease and rewards of using Venmo for everyday purchases, utilizing a vibrant film and culturally relevant media placements [10][11] - The campaign will run across various platforms, including social media, network TV, podcasts, and gaming, to broaden consumer awareness of Venmo's capabilities [11]