Venmo tests groups feature
The P2P provider wants to make it easier for its users to track payments for clubs and similar organizations.
Person-to-person funds transfer app Venmo this past week announced it is testing a feature that would enable users to create an account for a group or club, according to a company blog post.
"You can now easily make an account for your group to use for anything from paying dues to issuing reimbursements to collecting money for an event," Venmo wrote in the blog post. "Group accounts offer all the Venmo features you know and love, plus the ability to add managers to help administer the group."
Venmo currently is accepting testers for the new feature.