Track finances, shop, and pay your friends back all in one app. Venmo is at the forefront of digital wallet cash apps. It has been gaining popularity and usability. Read on to find out why that is.
Learn from the past
Transferring money to and from your friends no longer needs to be a hassle.
History has proven that things are not always fuss-free as far as online payments go. Which is why PayPal created Venmo. It is an app that protects your data through encrypted storage to weed out malicious activities.
If you lose your device, their website lets you end the session on that device and sign it out. A multifactor authentication and PIN code can also be set up for added security.
Integration made easy
Sign up and connect your bank account or debit card to register. This will let you centralize payments seamlessly whether it be for merchandise or personal use all into a single app. You can make a transaction without getting charged. Unless you’re using a credit card. You will get charged by the app with a standard fee of 3%.
Lauded as one of the best mobile wallet apps for Android, the app lets you shop with your very own Venmo card. They have partnered with Mastercard to make cashless transaction accessible. You can now shop at both physical and online stores with a single app.
The days of being stuck in conflict trying to pay for dinner or asking your friends for a spare a few bucks are now a thing of the past. Using your phone, you can break the bill among your social circle without confusing the waiter on whose card is which.
Know what your pals are up to
If you’ve been reading Venmo reviews for a while now, you probably know that not everyone is a fan of its social media spin. The app creates a more sociable mobile banking experience which makes it different from other cash apps.
The app even lets you flex by keeping tabs on your purchases and sharing them with your friends on the timeline. Oh, Liz just paid for another pricey music festival ticket? Great.
Where can you run this program?
Whether you’re an iOS or Android user, you can download this app on your device’s app store for free.
Is there a better alternative?
Some people aren’t big fans of Venmo’s social media component. Activities done with the app are shared by default and although you can change it to a setting you prefer, you do have other options that let you do your thing in a more discreet way. For example, Google’s very own Google Wallet has been also gaining credibility in the industry.
This app is convenient when you just want to pay or send gifts to your friends if you don’t have the time to be there in real life. Venmo’s sociability may make some people feel iffy. But that doesn’t mean you shouldn’t try it out for yourself.
Should you download it?
Yes, make the switch to cashless with Venmo. Get to spare some cash or pay your friends with this free app today. Don’t we all get by with a little help from our friends?