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Started By
Message
VENMO - Anyone use it?
Posted on 4/11/17 at 4:21 pm
Posted on 4/11/17 at 4:21 pm
How unsafe is it? 
10
Posted on 4/11/17 at 4:23 pm to HailToTheChiz
Venmo is great. Been using it a lot with bachelor parties and whatnot recently.
Just got on board with SQUARE cash to try that one out.
My only issue with Venmo is there is a live feed of all of your friends' money transactions. IMO that's no one's business.
EDIT: Square Cash, not snapcash.
Just got on board with SQUARE cash to try that one out.
My only issue with Venmo is there is a live feed of all of your friends' money transactions. IMO that's no one's business.
EDIT: Square Cash, not snapcash.
This post was edited on 4/12/17 at 3:21 pm
Posted on 4/11/17 at 4:32 pm to TheBoo
do you link it directly to your debit account? sounds fishy...
Posted on 4/11/17 at 4:34 pm to TheBoo
I have mine on private, so people can't see my transactions.
Posted on 4/11/17 at 4:34 pm to HailToTheChiz
I use it for MS
Posted on 4/11/17 at 4:35 pm to TheBoo
quote:
My only issue with Venmo is there is a live feed of all of your friends' money transactions. IMO that's no one's business
You can turn this off.
Posted on 4/11/17 at 4:40 pm to HailToTheChiz
I use it and Paypal for my soccer team. Works just fine.
Posted on 4/11/17 at 4:40 pm to HailToTheChiz
It's a service of Paypal, very secure & stable.
You can set your default privacy settings so that only the parties in the transaction can see it.
If you link it to a debit card, no transaction fees. If you link it to a credit card, there are fees.
The way it works is you basically have an digital "checking" account with paypal. You can move $ in/out of that account into your traditional checking account as needed. Anyone else who has the app can transact with you quickly & easily.
I use it all the time playing golf with friends and for splitting bills at restaurants.
quote:
IMO that's no one's business.
You can set your default privacy settings so that only the parties in the transaction can see it.
quote:
do you link it directly to your debit account? sounds fishy...
If you link it to a debit card, no transaction fees. If you link it to a credit card, there are fees.
The way it works is you basically have an digital "checking" account with paypal. You can move $ in/out of that account into your traditional checking account as needed. Anyone else who has the app can transact with you quickly & easily.
I use it all the time playing golf with friends and for splitting bills at restaurants.
This post was edited on 4/11/17 at 4:41 pm
Posted on 4/11/17 at 4:47 pm to lilsnappa
well that sounds pretty great.
thank you
thank you
Posted on 4/11/17 at 4:48 pm to HailToTheChiz
Not only do I use it, I get mad when somebody owes me money or if I need to pay them and they don't have it. And yes I link it to my checking account
Posted on 4/11/17 at 4:48 pm to PhiTiger1764
my friends just got mad at me for not having it
Posted on 4/11/17 at 5:16 pm to HailToTheChiz
Use it multiple times a month, set it to private and nobody can see your transactions. Never had a problem and have been using it for a while, except when I didn't know about the privacy settings and some work friends saw me getting paid for "strippers and blow" or other stupid stuff my friends would put.
Posted on 4/11/17 at 6:20 pm to Hickok
I send my mom, among many others, money through Venmo all the time.
Posted on 4/11/17 at 6:50 pm to HailToTheChiz
Every person I knew in college used it. Still use it very often today.
Posted on 4/11/17 at 7:09 pm to PhiTiger1764
quote:Same. It's so damn convenient.
Not only do I use it, I get mad when somebody owes me money or if I need to pay them and they don't have it. And yes I link it to my checking account
Posted on 4/11/17 at 7:40 pm to HailToTheChiz
My friends and I use it for various things, and we are in our 30s.
My brother is in college and they use it for everything (rent, utilities, food) that we used to have to get cash out for or write a check.
My brother is in college and they use it for everything (rent, utilities, food) that we used to have to get cash out for or write a check.
Posted on 4/12/17 at 8:32 am to TheIndulger
quote:
have mine on private, so people can't see my transactions.
Good to know.
Posted on 4/12/17 at 11:58 am to HailToTheChiz
quote:very legit, product of paypal
sounds fishy...
Posted on 4/12/17 at 12:44 pm to TheBoo
quote:
My only issue with Venmo is there is a live feed of all of your friends' money transactions. IMO that's no one's business.
I block this to "Only Participants". I pay rent and my child support every month this way.
It's owned by Paypal so the security is top notch cyber-wise and no less safe than handing someone a check.
No issues for over a year here. Great transaction records with notes as well. Especially handy for paying an ex for extras like basketball registration, splitting ballet supplies, etc.
This post was edited on 4/12/17 at 12:46 pm
Posted on 4/12/17 at 1:16 pm to HailToTheChiz
I use it nearly every week. Love it.
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