CHICAGO and NEW YORK , April 17, 2018 /PRNewswire/
-- Grubhub (NYSE: GRUB), the nation's
leading online and mobile food-ordering company, today announced
the availability of Venmo as a payment option for
their diners.
Diners purchasing food on Grubhub, Seamless, or Eat24
mobile apps can now pay with their Venmo balance, linked bank
account or debit card. Once the order is placed, diners can split
the bill with Venmo, making it easier than ever to share the costs
of group food orders with friends. This functionality is available
to anyone who has the Venmo app installed on their mobile device
and will automatically show up in their available payment options
at checkout.
"More than sixty percent of our orders are placed on
mobile devices, so we always look for ways to make it easier for
diners to find, order and pay for the food they want, when and
where they want it," said Sam Hall,
chief product officer, Grubhub. "We're thrilled to bring Venmo as a
payment to our diners, offering another popular and trusted way to
pay for meals. Adding the 'split the bill' feature provides an
additional level of convenience our diners have come to expect from
us."
"Venmo was founded to provide people with an easier way to
make and share payments with friends and family," said Mike Vaughan, Chief Operating Officer, Venmo.
"We're excited to further our longstanding partnership with Grubhub
through this integration and given so many food-related payments
occur on Venmo each day, it brings the social payment experience
our customers love to the mobile buying experiences we know they
already enjoy."
About Grubhub
Grubhub (NYSE: GRUB)
is the nation's leading online and mobile takeout food-ordering
marketplace with the largest and most comprehensive network of
restaurant partners, as well as the largest diner base. Dedicated
to connecting diners with the food they love from their favorite
local restaurants, Grubhub strives to elevate food ordering through
innovative restaurant technology, easy-to-use platforms and an
improved delivery experience. Grubhub is proud to work with more
than 80,000 restaurant partners in over 1,600 U.S. cities and
London. The Grubhub portfolio of
brands includes Grubhub, Seamless, Eat24, AllMenus and
MenuPages.
About Venmo
Venmo, a service of
PayPal, Inc., is a leading mobile app in the U.S. used to move
money between friends and family and pay at millions of retailers.
Venmo makes payment a fun, social experience that eliminates the
awkwardness that comes with cash or checks. For more information,
visit https://www.venmo.com.
About PayPal
Fueled by a
fundamental belief that having access to financial services creates
opportunity, PayPal Holdings, Inc. (NASDAQ: PYPL) is committed to
democratizing financial services and empowering people and
businesses to join and thrive in the global economy. Our open
digital payments platform gives PayPal's 227 million active account
holders the confidence to connect and transact in new and powerful
ways, whether they are online, on a mobile device, in an app, or in
person. Through a combination of technological innovation and
strategic partnerships, PayPal creates better ways to manage and
move money, and offers choice and flexibility when sending
payments, paying or getting paid. Available in more than 200
markets around the world, the PayPal platform, including
Braintree, Venmo and Xoom, enables
consumers and merchants to receive money in more than 100
currencies, withdraw funds in 56 currencies and hold balances in
their PayPal accounts in 25 currencies. For more information on
PayPal, visit https://www.paypal.com/about. For PayPal
Holdings, Inc. financial information, visit
https://investor.paypal-corp.com.
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SOURCE Grubhub