171–180 of 387 posts
Earlier quoted context omitted.
It does. (European, lived 8 years in the US in 2 installments of 4 years each).
In what way? Is small, easy P2P payments a solved problem in Europe?
Young millennial male, every single person I know uses Venmo. IMO this article largely misses the point of the app. It's replaced cash/checks is all, it's not some huge social upheaval in the way we use money that needs to be analyzed. In my experience it's rarely used for splitting bills for dinner or picking up bar tabs (I can't remember the last time I went somewhere that wasn't able to split the bill on their end…
"every single person I know uses Venmo" How does that happen. I don't know a single person who uses Venmo. Not one. I know a lot of people and I work in Tech.
I don't use this app and this article kind of explains why. If I go to dinner with friends, or anything, I'd rather pick up the check than worry about splitting it. The next time, they'll pickup the tab, and so forth. That's what friends do. I don't know if I'd want to go out with someone who is going to bill me for it later, or wants to use an app to split things up. For me it just makes things superficial, awkward,…
I refuse to link my financial activity and things involving my physical address to Facebook, which Venmo seems to require. This is insanity to me. And I am a millennial as well.
Earlier quoted context omitted.
"every single person I know uses Venmo" How does that happen. I don't know a single person who uses Venmo. Not one. I know a lot of people and I work in Tech.
I only know 1, I also work in tech. I, have found developers and other tech workers to be, somewhat ironically, more "Ludditic" than the general population.
I wonder if mechanical engineers tend to be safer drivers...
Earlier quoted context omitted.
You were either too proud to tell your friends the truth or had bad friends.
I don't follow your logic at all. The person in this article is saying that people are being cheap by not just splitting the bill evenly. I'm pointing out that if everyone did that it would put people with less money at a huge disadvantage. The fact is my friends did not do this, and now that things like venmo exist it's even easier to manage this.
Could be a cultural thing. I live in a small town of a rather poor country. Where I live, friends pay in turns, today I'll pay and the next time he'll pay and so forth... and not even very strict turns[1]. If could split the check in half, that's acceptable. Splitting the bill to the cent would leave you with no friends in no time.
[1]: That said, food here is cheap (dirt cheap compared to the US). If you go to the capital, it's different. I noticed that people there split the bill, but restaurants/food costs 2x or 3x up, so paying the whole thing is expensive.
Earlier quoted context omitted.
In my experience, many restaurants have a limit on how many ways they can split the bill, usually 2-4, so for larger groups venmo is an easy way to solve the issue. And there certainly are some restaurants that don't split at all (seems to be a regional thing).
I get that part of the reason is credit card merchant fees -- someone is paying for my 2x dining-out credit card points, after all. But part of the reason also is wait staff time... time spent running six separate cards is time not spent getting drinks or food. Maybe I'm just a tech-city millennial who hates interacting with people, but I've always kinda wondered why there isn't any POS system that prints out a QR or…
That said, the situation where someone ordered a $12 entree while someone else ordered a $36 one was solved when everyone paid in cash -- you just throw in your portion. It was only when everyone was trying to pay by card that this became an issue (which Venmo and ilk addressed).
People claiming that paying different amounts is some kind of "modern" problem are just ignorant of history -- everyone paying by card and splitting a bill being difficult is the modern problem.
Young millennial male, every single person I know uses Venmo. IMO this article largely misses the point of the app. It's replaced cash/checks is all, it's not some huge social upheaval in the way we use money that needs to be analyzed. In my experience it's rarely used for splitting bills for dinner or picking up bar tabs (I can't remember the last time I went somewhere that wasn't able to split the bill on their end…
"every single person I know uses Venmo" How does that happen. I don't know a single person who uses Venmo. Not one. I know a lot of people and I work in Tech.
Young millennial male, every single person I know uses Venmo. IMO this article largely misses the point of the app. It's replaced cash/checks is all, it's not some huge social upheaval in the way we use money that needs to be analyzed. In my experience it's rarely used for splitting bills for dinner or picking up bar tabs (I can't remember the last time I went somewhere that wasn't able to split the bill on their end…
"every single person I know uses Venmo" How does that happen. I don't know a single person who uses Venmo. Not one. I know a lot of people and I work in Tech.