The Venmo app is a great way to collect and payout money. You can send money to just about anyone and transactions typically only take a day or two. If you're looking to withdrawal money from your own account, you can do a bank transfer that will be complete the next day. The best part about Venmo, especially when compared to PayPal, is that it's completely free. There are no fees coming or going, meaning you get to keep more cash in your pocket.
This easy to use app uses bank grade security and data encryption so you know you're safe. It's easy to use and the interface is very straightforward. It works with any bank and is free to use.
The app is set to public share your transactions. Although you can change it, why have the default public? Also, unless you change the settings, you'll get six notifications for every transaction (two via email, two via app notification, and two via email).
Tags: venmo - send & request money with friends
Apr 15, 2015
Venmo is the simple, fun money app for sending cash quickly between friends and shopping at your favorite online stores. Split purchases to avoid awkward IOUs, share your new buys, and catch up on what your friends are doing on the feed.
“Just Venmo me” has become synonymous with “pay me back” or “I got it.” —Business Insider
QUICK & EASY
Send money quickly to friends by simply linking your payment method. There’s no transaction fee for sending money with your debit card or bank account. Use your Venmo balance for payments, or easily cash it out to your bank.
Need your Venmo balance ASAP? Transfer to any supported debit card and you should get it within minutes for 25¢.* If you’re not in a hurry, you can transfer to your bank account in 1 to 3 business days for free.
CONNECT & SHARE WITH FRIENDS
Every penny tells a story, whether it’s for a group dinner, road trip, or concert. Add notes to your payments using your favorite emojis, and like or comment on friends’ stories.
BUY FROM YOUR FAVORITE STORES
Check out without your wallet. Use Venmo to pay in select mobile apps or at millions of retailers on mobile web—for free—so you can easily make, split, and share purchases with friends.
STAY ON TOP OF IT ALL
Easily track your finances. Keep up with what you owe, what friends owe you, and what you’ve bought.
YOUR SECURITY IS OUR PRIORITY
Venmo makes money transfers easy and fun, and we take the protection of your Venmo account very seriously by using security measures to help protect your account information. Learn more at https://venmo.com/about/security/
Venmo is a service of PayPal, Inc., a licensed provider of money transfer services. All money transmission is provided by PayPal, Inc. pursuant to PayPal, Inc.’s licenses. Visit https://venmo.com/legal/us-licenses/ for additional information. © 2017 PayPal. PayPal’s NMLS ID is # 910457.
PAYPAL, INC., IS LICENSED BY THE GEORGIA DEPARTMENT OF BANKING AND FINANCE, LICENSE # 34967.
PayPal, Inc., holds Massachusetts Foreign Transmittal Agency License # FT3345.
PayPal, Inc., is licensed as a Money Transmitter by the New York State Department of Financial Services.
PayPal, Inc., is licensed to Transmit Money By Check, Draft or Money Order By The Department of Banking, Commonwealth of Pennsylvania.
PayPal, Inc., is a Rhode Island Licensed Seller of Checks and Money Transferor.
*Please note, transfers are reviewed which may result in delays or funds being frozen or removed from your Venmo account. Learn more here: https://help.venmo.com/hc/en-us/articles/221083888-Bank-Transfer-Timeline