As one of the most frequently used and very popular money transfer apps, Venmo was developed by PayPal, Inc. To be precise, this is more of a practical social-based payment application. It can help users quickly transfer funds to businesses, and can also collect owed money from friends quickly and easily.
Next, the app not only supports online transfer payments, but users can also experience excellent features such as online chat with friends and evenly paying bills. What’s more, Venmo syncs transactions with a user’s checking account or debit card, making it easy to pay friends for dinner, rent, and more.
Finally, powerful social features make Venmo stand out. For example, users can find friends by name, phone number or email address, transfer money to them, and share things they are interested in, such as daily life. Online social interaction like this is very interesting.
In general, this is a very good transfer payment software, not only low procedures, but also suitable for different countries and regions. In addition to helping users quickly transfer money to merchants, it’s also easy to collect your money from friends. Moreover, it’s also a great app to keep track of your daily operating income.
On iOS App Store, the rating of Venmo is 4.9 out of 5.0, with 14,200,000 user reviews. On Google Play, its rating is 4.2 out of 5.0, with 616,000 user reviews and more than 10,000,000 installs.
Based on the above data, we can find that this app has relatively high scores and ranks high in App Store. Of course, if you are looking for fast, safe, social way to pay and get paid, don’t miss out Venmo.
In the latest version, you can enjoy a user-friendly payment function experience, the application supports online payment of various overseas shopping platforms, and bill payment becomes more convenient. More importantly, you can earn automatic cashback when you spend with Venmo Debit Card at some of your favorite merchants.
What impresses me most about Venmo is the simple and convenient transfer function and social sharing service. The biggest feature of the application is its own social function, which allows users to interact with each other. For example, users can share their payment records in a place similar to a circle of friends, and the payment records between these friends can virtually increase the distance between friends. In addition, this social-based payment application is more and more popular among young people, and venmo can solve problems by setting repayment reminders to friends, which is very practical overall.
Pros
1. There is no service charge for transferring or withdrawing cash.
2. No need to add funds to Venmo account to make payments.
3. The app is suitable for group use, users can checkout and split money.
4. The operation is very simple and quick.
5. Digital currency supports real-time transactions of cryptocurrencies with powerful functions.
6. Fast and convenient mobile payment.
Cons
1. There is a fee for instant transfers to bank accounts.
2. The app has had security problems in the past.