Big 12 Commissioner Brett Yormark explains how the PayPal and Venmo partnership will secure NIL payments, reshape college athlete revenue sharing and change NCAA sports.

In a major shift for college sports payments, online payment services company PayPal ... "The money goes directly to the athlete's wallets, to their Venmo account," he said. "There's no intermediary, ...

PayPal and its subsidiary Venmo are making significant advancements in enhancing digital payments, supporting community ...

College athletes at Maryland, Penn State, and Rutgers are among the many who will start receiving direct payments from their universities through PayPal and Venmo. The Big Ten and Big 12 ...

The first phase of the partnership is expected to begin this summer, with PayPal facilitating payments between institutions and student-athletes. Venmo’s sponsorship agreement will begin with ...

The rollout begins this summer, with the first athlete payments set to go out on July 1. Sponsorship and commerce activations for Venmo will launch with the start of the 2025–26 football season ...

NiJaree Canady of the Texas Tech softball team is one of three Big 12 Conference athletes to land NIL deals with Venmo.

Venmo, a leading social payments platform for young adults to manage and move their money, today announced new Big 12 Conference and school-branded card designs for the Venmo Debit Mastercard1.

The Big Ten and Big 12 have partnered with PayPal to become their official platform for distributing revenue-sharing payments to athletes, it was announced Thursday. The first-of-its-kind ...

In a major shift for college sports payments, online payment services company PayPal said Thursday it's partnering with two major college athletic conferences to help distribute money directly to ...