App To Look For: Venmo
When a friend buys you a coffee because you didn’t have cash and it’s cash only, or when you forget to order checks and your rent is due it can feel like a serious chore to pay that person back or pay your rent on time. Enter. Venmo, this week’s app to look for!
Step 1: Choose a friend
Step 2: Type amount and a little message
Step 3: Choose sharing options.
Voila! Your debt is paid and your friendship is intact!
What about security?
Vemo uses bank-grade security systems to protect your personal and account information.
Okay..how much does it cost?
It’s free! As long as you’re using a supported debit card, bank account or Venmo funds to make payments. If you choose to use a credit card there is a 3% fee though. To receive money is ALWAYS free, no matter how your friends send it to you!
Where do I download it?
Extra Cute Features
Venmo is a ‘social money app’. It allows you to like or comment on friends transfers. You can use this to remind them that they short changed them, amuse them with a funny joke or just say thanks – the choice is yours!