A bunch of you all emailed for invites--we're sending a batch out later this week. We'd love to hear more of your thoughts once you use it. A few cursory answers: everything is free for now (we're still trying to figure out what the transaction fees will look like, but they will be competitive with credit card), Paypal is a great comparison and as someone recced with a link Paypal Wars is an awesome read, we love the Godaddy brand too, the syntax is very flexible and constantly adapting to the way people want it to work, if anyone knows the textpayme guys would love to chat with them (i'm @kortina), Fundraiser events-YES!, and yes security and fraud are tough problems but we are eager to tackle them. Think that covers most of them. Again, thanks to those who wished us luck and provided criticism.
Ask HN: Rate this Start Up - Venmo.com
61–65 of 65 posts
Re: Ask HN: Rate this Start Up - Venmo.com
#62My bank does this for free, and I can also withdraw the money from any of their ATMs as cash instantly if I want.
Your bank lets you send payments via SMS? What's your bank? Mine doesn't do that, I'd be interested in switching.
http://www.garantibank.com/index.html Best online banking I've seen so far too, I think they've won awards for it.
Re: Ask HN: Rate this Start Up - Venmo.com
#63Earlier quoted context omitted.
Your bank lets you send payments via SMS? What's your bank? Mine doesn't do that, I'd be interested in switching.
http://www.garantibank.com/index.html Best online banking I've seen so far too, I think they've won awards for it.
Home page has annoying animation. Guess there's still room for improvement.
Re: Ask HN: Rate this Start Up - Venmo.com
#64Pretty cool, but I don't like the logo, it's hard to read. V & e have too similar colors and the "Ven" part is too tight above each other.
Re: Ask HN: Rate this Start Up - Venmo.com
#65In South Africa (I moved to New York five years ago), it is common for people to transfer money from their bank account to that of a friend's electronically - either online or on your phone. I was quite surprised coming to the US that it is not common here as well.
It's the same in Europe. My wife is Spanish and when I learned that you could transfer money to anyone's bank account easily and free, my brain exploded.
It's amazing that the U.S. is (was?) considered the leader of technological innovation, but we're still so backward on something like this. It reeks of corruption and lobbyists.