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Venmo Adds Receipt Scanning to Simplify Bill Splitting

By PYMNTS

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AI summary of the source article

Venmo has introduced a receipt-scanning feature to help customers split shared expenses. Announced on Monday, Nov. 9, the tool itemizes purchases and calculates individual totals, including tax and tip, from photographed or uploaded receipts.

Why it matters

The feature is designed to make it "easier for customers to divide shared expenses."

Key facts

  • Venmo launched a receipt-scanning feature that itemizes purchases and calculates owed amounts, including tax and tip.
  • The new feature was announced on Monday (Nov. 9).
  • Users can access the tool by photographing a receipt or uploading an existing image in the Venmo app.

Source excerpt · PYMNTS

Venmo is making it easier for customers to divide shared expenses by introducing a receipt-scanning feature that itemizes purchases and calculates how much each person owes, including tax and tip. Announced Monday (Nov. 9), the feature allows users to photograph a receipt or upload an existing image through the Venmo app. The platform automatically identifies […] The post Venmo Adds Receipt Scanni…