Venmo now lets you shop online

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The popular app Venmo isn't just for splitting the dinner check with your friends any more.

A new option rolling out this week lets users make online purchases via the app from more than 2 million retailers.

Venmo is owned by PayPal and its new features will work by tapping into its existing payment network.

PayPal execs say they want to turn Venmo into a digital wallet on your smartphone.