Tech Glossary
What is Karma?
Karma is a software add-on that allows users to give and receive payments in the form of virtual coins. Karma works in the same way as other payment software, such as PayPal or Venmo, but uses its own currency, called Karma. Karma coins can be bought and sold on an in-app marketplace, and users can also make payments directly to each other. Karma also has a feature that allows users to donate money to charities.