| Version | 7.4.0 |
|---|---|
| Publisher | Venmo |
| Release date | Oct 10, 2017 |
| Date added | Oct 10, 2017 |
| Os requirements | iOS |
| Requirements | Compatible with: iPad2Wifi, iPad23G, iPhone4S, iPadThirdGen, iPadThirdGen4G, iPhone5, iPodTouchFifthGen, iPadFourthGen, iPadFourthGen4G, iPadMini, iPadMini4G, iPhone5c, iPhone5s, iPadAir, iPadAirCellular, iPadMiniRetina, iPadMiniRetinaCellular, iPhone6, iPhone6Plus, iPadAir2, iPadAir2Cellular, iPadMini3, iPadMini3Cellular, iPodTouchSixthGen, iPhone6s, iPhone6sPlus, iPadMini4, iPadMini4Cellular, iPadPro, iPadProCellular, iPadPro97, iPadPro97Cellular, iPhoneSE, iPhone7, iPhone7Plus, iPad611, iPad612, iPad71, iPad72, iPad73, iPad74 |
| Total downloads | 2,524 |
| Downloads per week | 1 |
| Price | Free |
Description
Venmo is the simple and fun way to send and receive money between friends. Whether you're splitting a dinner bill, concert tickets, or the cost of a road trip, Venmo removes the awkward talks over who owes what. Just send or request your payment with a message or emoji combo of your choice, then comment on and like all your favorite splitting moments. "#1 app college students should download right now" - BuzzFeed. A few more quotes that make us blush: "One of the 50 Best Apps of the Year" - Time. "The crown jewel of all finance apps" - Forbes. "Revolutionized the mobile payment space" - Vanity Fair. "Just Venmo me" has become synonymous with "pay me back" or "I got it." - Business Insider. The Venmo magic: Transfer money easily and quickly using a friend's name, @username, phone, or email. Find friends automatically by syncing your Facebook or phone contacts. Stay in control of what you owe, what friends owe you and what you've bought. Make purchases in select apps using Venmo, so you can split and share your finds with friends more easily. Venmo uses data encryption to protect your financial information. That means we keep your actual card or bank information private by not sharing it when you send money or make purchases. Venmo is a service of PayPal, Inc. a licensed provider of money transfer services. All money transmission is provided by PayPal, Inc. pursuant to PayPal, Inc. 's licenses. Visit https://venmo.com/legal/us-licenses/ for additional information. 2017 PayPal.
Review
Send and receive money with friends or split purchases with the Venmo mobile payment service.
Pros
Add friends: To get started, import your phone contacts or add all your Facebook friends who use Venmo. For a more measured approach, search for a person's name or username to add friends one at a time.
Share the expense: If you use your Venmo account to make a purchase, the app prompts you to add friends to the transaction and then automatically calculates the amount each person owes you. If you use a linked bank account or card, you need to do the calculations and request payments yourself. Either way, transferred money is added to your Venmo balance. To send the funds to your bank account, you need to initiate the transfer from your balance.
Send money: You can also send money to family and friends. Select a person, enter an amount, and click Pay to transfer money to the other person's Venmo account. You can add a note of explanation and select an appropriate emoji, such as for pizza, rent, or beer.
Affordable fees: Venmo charges a 3 percent fee when you pay with a credit card. Transactions made through your Venmo balance, bank accounts, debit cards, apps, and mobile websites are free.
Track transactions: Keep track of purchases, including when and where, in the Purchases tab. Your feed also displays recent transactions with friends.
Cons
Privacy: By default, you can see a person's list of friends and transaction feed. To control who can see your profile, go to Settings and under Sharing, choose who can view your transactions: the public, friends, or just participants. You can also change settings on past transactions.
Bottom Line
With Venmo, transferring money between friends to split rent, a bill, or an Uber ride is a snap. Your activities and feeds are displayed by default to the public, however, so your first step after installing the app is locking down your feed.
