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by pairing 4529 days ago
Venmo is getting really popular. I use Venmo on a weekly basis for any shared expenses with friends or co-workers in the Bay Area.

The reason for its quick traction is that if you hook up your checking account you can send money without any fees, and also because they give out referral bonuses for inviting others.

2 comments

Another vote for Venmo. There are no fees associated as long as you pay from bank account or debit card. Credit card costs 3%. Easy to find friends through social media. Easy to get friends to sign up.
Venmo is blowing up in my social circle as well. I'm using it several times a week now to pay people for dinners, etc. and have gotten a few friends to sign up to make it easy to pay me.