Venmo

Avantages

It is so easy to make payments it's insane. This little app can do anything from splitting checks to invoicing freelance jobs.

Inconvénients

There isn't much I don't like about Venmo. The social side of it is okay and I don't care much about that part since I like to keep my payments private.

Avantages

I love the ability to send money and personalize the memos that go with it. It is much more personal, fun, interactive, and user friendly compared to PayPal. There is also the ability to transfer money into your account quickly if you need the funds for a very low cost. The interface is easy to use and understand for everyone who is of the eligible age to use Venmo. You can transfer money for whatever reason! I personally use it for bills and even research incentives for research participants.

Inconvénients

I love everything about Venmo. I find it easy to use and I have no problems with using it. Some people may find the verification process annoying however, it is a way to make sure your bank account and personal information is not being breached.

Avantages

That it doesn't make you do all sorts of crazy verification like Paypal you can easily transfer and receive money in the snap of a finger it is very quick which is what I really like about Venmo

Inconvénients

it should probably partner with more companies like Paypal but other than that this app is absolutely fantastic which is why I'm with you all now

Avantages

The user base is pervasive. Too many customers had Venmo, and not PayPal (but not both like me).
No problems with the interface.

Inconvénients

Main problem being the company's communications regarding my dispute of a via Venmo purchase:

>>Your account is on hold.
There wasn't enough money in your bank account for some payments you made, so Venmo covered the amount for you.

You won't be able to pay people or transfer money to your bank account until you pay Venmo back.

Pay Venmo back
Amount you still owe
$35.00<<o recourse to dispute or contend the charge because Venmo handled the transaction but refused to it when the didn't go through and I canceled the payment.o one to speak to, no one to contact, robot menus that cover all options except the reason you're calling, call centers with employees with no powers to do anything about a problem without asking their supervisor.

This usually involves another long wait on hold and transfer to someone who must be explained the issue all over again from scratch. I estimate that I have had to explain my sometimes simple issue over and over 4 times. Because no one can be bothered to brief the person you're transferring the call to!

To me this reeks of bad management bad training and a faulty power sructure.

Avantages

Venmo is quick, easy, and accessible. Users can very quickly set up an account, connect their card or bank information, and start sending money to friends and family! The app is very fast, without requiring too many clicks or menu navigation to quickly send or receive money. It can also transfer to your bank account in just a few days for free, or it can be expedited for a small fee.

Inconvénients

There really aren't many cons with Venmo. I would say one concern that users may want to look into is that if they use a credit card instead of bank information as their primary source of money, the app will charge extra fees. This is a minor complaint, but I've known a few users who had been unaware of this and were paying a fee for each transaction.