Earlier quoted context omitted.
venmo is used more than cash by my late 20 and early 30 friends as well.
What are the 30's people using it for?
Some people use it to meet minimum spends for credit card sign-up bonuses.
Venmo Five Years Ago
21–30 of 99 posts
Re: Venmo Five Years Ago
#22For those who are older, Venmo is used today probably more than cash by college students (for things like paying a friend back, paying membership dues, paying to get into a party, etc.)
I'm weird but I feel like cash is superior for those applications and doesn't require me to hand my credit card number out to yet another company.
But it does require you to walk to the nearest ATM, withdraw the nearest round amount to the amount you need, then somehow try to get change from your friend (or just call it even) then walk around with the remainder.
I get what you're saying, but it isn't difficult to see why people find Venom a better option. What is exactly that bad about Venmo having your credit card number? You're protected from fraud anyway.
Re: Venmo Five Years Ago
#23Earlier quoted context omitted.
What are the 30's people using it for?
I am 37. My last couple venmo transactions: Paying off a bet about who would become CEO of twitter Paying someone for my portion of a bar tab. Fantasy Football league dues Receiving money from someone for their portion of a bar tab Paying someone for movie tickets
[deleted]
Re: Venmo Five Years Ago
#24Earlier quoted context omitted.
I'm weird but I feel like cash is superior for those applications and doesn't require me to hand my credit card number out to yet another company.
But it does require you to walk to the nearest ATM, withdraw the nearest round amount to the amount you need, then somehow try to get change from your friend (or just call it even) then walk around with the remainder. I get what you're saying, but it isn't difficult to see why people find Venom a better option. What is exactly that bad about Venmo having your credit card number? You're protected from fraud anyway.
Write check, friend deposits with mobile check deposit app. Everyone has a bank of some sort, I have yet to meet anyone who is using Venmo.
Re: Venmo Five Years Ago
#25For those who are older, Venmo is used today probably more than cash by college students (for things like paying a friend back, paying membership dues, paying to get into a party, etc.)
I'm weird but I feel like cash is superior for those applications and doesn't require me to hand my credit card number out to yet another company.
We just don't carry cash much - we always have our phones
Re: Venmo Five Years Ago
#26Earlier quoted context omitted.
But it does require you to walk to the nearest ATM, withdraw the nearest round amount to the amount you need, then somehow try to get change from your friend (or just call it even) then walk around with the remainder. I get what you're saying, but it isn't difficult to see why people find Venom a better option. What is exactly that bad about Venmo having your credit card number? You're protected from fraud anyway.
Write check, friend deposits with mobile check deposit app. Everyone has a bank of some sort, I have yet to meet anyone who is using Venmo.
You then have to write out a check to the right person, the amount, the other person has to sign it and then take two pictures. Venmo just reduces all of that to. Send $10 to X
Re: Venmo Five Years Ago
#27Earlier quoted context omitted.
But it does require you to walk to the nearest ATM, withdraw the nearest round amount to the amount you need, then somehow try to get change from your friend (or just call it even) then walk around with the remainder. I get what you're saying, but it isn't difficult to see why people find Venom a better option. What is exactly that bad about Venmo having your credit card number? You're protected from fraud anyway.
Write check, friend deposits with mobile check deposit app. Everyone has a bank of some sort, I have yet to meet anyone who is using Venmo.
Who carries checks everywhere anymore?
Re: Venmo Five Years Ago
#28> It was riding the twitter wave in letting you interact with handles (usernames) over SMS. I'm curious, were any of these SMS service comparies successful as interactive SMS services? It seems like most of the services like Twitter, Venmo, etc. "started" as SMS services but quickly moved to apps once the iPhone appeared. And only then did they blow up. But maybe I'm wrong about that. What does Twitter/Venmo non-noti…
M-Pesa moved over a billion dollars by SMS in 2014.
Re: Venmo Five Years Ago
#29Earlier quoted context omitted.
But it does require you to walk to the nearest ATM, withdraw the nearest round amount to the amount you need, then somehow try to get change from your friend (or just call it even) then walk around with the remainder. I get what you're saying, but it isn't difficult to see why people find Venom a better option. What is exactly that bad about Venmo having your credit card number? You're protected from fraud anyway.
Write check, friend deposits with mobile check deposit app. Everyone has a bank of some sort, I have yet to meet anyone who is using Venmo.
I don't know about all banks, but my bank has a flat fee on that service, which seems like it would make it significantly worse for paying back small sums (of which the flat fee is a greater percentage of).
Re: Venmo Five Years Ago
#30For those who are older, Venmo is used today probably more than cash by college students (for things like paying a friend back, paying membership dues, paying to get into a party, etc.)
I'm weird but I feel like cash is superior for those applications and doesn't require me to hand my credit card number out to yet another company.
It's pretty easy to use venmo without giving them your banking information. That's how I've been using it for years. You just have to be willing to carry a balance. What I did is went to a coworker who has venmo and gave him $50 in cash, and in return he transferred $50 to my venmo.
That wouldn't work so well if you were always receiving money or always sending it, but if you have a pretty even mix then it works great.