Venmo update lets you pay with Touch ID directly from your bank — gigaom.com

Social payments app Venmo has added a few new features that make it easier to set up your account as well as pay with a thumb tap if you happen to own a later-generation iPhone. The newest version of its iOS app will support Touch ID, letting newer iPhone and iPad owners bypass personal identification numbers and instead authorize payments with their thumbprints. Venmo hasn’t extended the feature to Android phones with fingerprint biometrics yet, but its parent company PayPal (which acquired Venmo when it bought Braintree last year) has released payment apps that make use of the Samsung Galaxy S5’s digit scanner.

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