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Payment app from PayPal to pay friends, family, and local businesses

Payment app from PayPal to pay friends, family, and local businesses

Vote: (2 votes)

Program license: Free

Developer: Venmo

Version: 10.31.1

Works under: Android

Vote:

Program license

(2 votes)

Free

Developer

Version

Venmo

10.31.1

Works under:

Android

Pros

  • An overall great tool for sending money
  • Good user interface
  • Free to make transfers
  • Mastercard compatible
  • Keeps track for purchases

Cons

  • It has a transfer limit
  • Not accept in every setting

Venmo is the wallet of the future. This digital wallet allows for its users to send money without any fees or hidden charges. Just like with physical currency, Venmo makes it easy to send money to friends and family without worrying about the fees stacking up. Many stores and restaurants are also beginning to take Venmo in lieu of physical cash or swiping a card. Unlike with physical currency, users can simply login, make the transfer, and then keep a digital log of where their money has been going. This is great for budgeting and making financial plans.

Venmo continues to rise in popularity over some of the more traditional online money transfer tools due to its lack of fees. The app also boasts great privacy and security measures that continue to set it apart in regards to digital money transferring. Users may also apply for a Venmo Mastercard that makes the functionality of the app greatly increase. By adding Mastercard to a Venmo account, users can pay anywhere that Mastercard is accepted.

Overall this is a great way to send and receive money. As the platform continues to grow and as more physical stores adapt to a more digital style of paying for things, Venmo may come out on top of other payment options. The free transfers, Mastercard compatibility, and the purchase tracking truly sets this app apart from the rest.

Pros

  • An overall great tool for sending money
  • Good user interface
  • Free to make transfers
  • Mastercard compatible
  • Keeps track for purchases

Cons

  • It has a transfer limit
  • Not accept in every setting

Venmo allows individuals to share payments with each other in seconds. Everyone owns a smartphone, but not everyone carries cash on themselves at all times. Luckily, Venmo allows users to send money from an approved debit or credit card with ease. Sharing money through a mobile device has never been so simple.

Splitting checks or sharing the cost of any other bill doesn't have to be a hassle. Without a doubt, Venmo is simple and intuitive to use. Payments transfer instantly and are available soon afterward. Venmo is perhaps the best payment sharing service for mobile devices today with millions of active users.