PayPal is aiming to bring rent and mortgage payments into the digital age. The company announced a first-of-its-kind partnership Monday between its subsidiary Venmo and Bilt Rewards that allows millions of Americans to pay their rent, mortgages and even neighborhood merchants directly through Venmo starting in early 2026.

PayPal is expanding Venmo’s capabilities in 2026, allowing users to pay rent, mortgages and retail merchants through a new partnership with Bilt Rewards.

PayPal Holdings Inc. and Bilt Rewards are teaming up to let customers use Venmo to make rent and mortgage payments starting early next year.

You can adjust this option by heading into your Venmo app, choosing Settings (the gear icon), then Privacy, then navigating to your Find Me options, where you can restrict who can find you on PayPal. Just don't do it quite yet: Expect a Venmo update in November to make this option available.

PayPal is partnering with Bilt Rewards to let users pay rent and mortgages through Venmo starting in early 2026. This adds Venmo to Bilt’s existing payment

PayPal initiated a dividend of $0.14 per share, highlighting its value as a capital return play for investors. Click here to find out why PYPL is a Strong Buy.

Payment apps PayPal and Venmo hit with outages on Thursday, Oct. 16. Thousands of users reported issues to Downdetector.com

Down Detector for PayPal and Venmo saw a sudden explosion of user reports, clearly indicating that something is wrong with the payment processing apps. PayPal's status page finally posted an update when the outage was almost over. However, both PayPal and Venmo support X accounts acknowledged that an ongoing issue was happening.

PayPal and Venmo are both experiencing outages as of the morning of October 16, with thousands of reports suggesting a widespread issue.