Venmo adds receipt scanning for easier bill splitting

Venmo has launched a receipt-scanning feature that identifies items and costs on a receipt to help users divide a bill among a group.

Users can scan a receipt in the Venmo app and use the extracted information to calculate how much each person owes. The feature reduces the need to enter items manually.

Venmo lists restaurant bills and group purchases as possible uses for the feature. The company has not disclosed details about availability, supported receipts or whether the tool automatically assigns tax, tip and items to individual users.