[bigdubs]

venmo is used more than cash by my late 20 and early 30 friends as well.

[dplgk]

What are the 30's people using it for?

[harryh]

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

[dplgk]

Why not use PayPal? No fees? Less friction?

[harryh]

Venmo is way easier to use. Hence all of my friends use it, so there is a powerful network effect.

[stevesearer]

I use it for just about everything I would have previously had to write a check to an individual for. Most of the time this ends up being some form of paying someone back for my portion of a split bill or if they purchased something on my behalf.

Even though I have had paypal for years, most people cringe when someone doesn't yet have Venmo and offers to send via paypal.

[nommm-nommm]

I'm in my 30s. Today is the first day I've ever heard of Venmo.

I think the reason why I never heard of it is cause of the way my friends and I handle money. One person will grab drinks one day and the next time the next person picks up lunch. If someone buys a pizza everyone just gives them whatever bill from their pocket. None of us really "keep track" in specific dollar figures. Nobody says "this is only $5, you owe me $6."

Of course this kind of thing doesn't work out for every group.

[imjared]

I bought concert tickets and a friend paid me for one of them. I need help moving and my friend let me use her zipcar membership. I venmo'd her money for the cost of the van. A few friends and I wanted to send flowers to a friend who had a baby. One person bought them and charged us each the split amount. etc.

[yvesmh]

Some people use it to meet minimum spends for credit card sign-up bonuses.