Review on Venmo by Amos joseph
Venmo
Venmo
First for users credibility on Venmo payment platform I will start by saying Venmo a registered financial payment platform under the service of paypal Inc. a licensed provider of money transaction service provided by paypal Inc.
With the above laid It's transparent financial approved sector I'd say users around the world can use Venmo application and make basic transaction online to friends and family the app can also be used in business administration for making payments of service and goods purchased in either e-commerce website shopping center and more.
Venmo app is compatible with iOS and android device it has a wide range of users globally with either facebook account email mobile number you can be able to set up your venmo account on the go and start making payments among friends registration process isn't much stressful.
Making payments with Venmo requires setting up your account which gives you access to link your bank account on successful linking up bank account you can make deposit and withdrawal, send and receive money.
Charges on venmo app is very considerate with verification of one's account using personal identity card users can increase their accounts rating which means you can have access to receive more money to your account, there is 3% charge fee for debit card maintenance, there is also 1% charge for moving your fund to personal account from venmo.
Conclusion
Venmo is a recommended registered licensed payment application for making business and personal transaction with easy signup using Facebook or email, it's has its own available venmo card which users can have access to on request.
In general Venmo is a peer to peer mobile payment application, it's also offer additional feature like splitting payment among friends customizing payment privacy.
Pros
- Recommended well registered peer to peer mobile payment application for sending and receiving funds among friends and family with business available features
- Easy registration process using either facebook account or email
- Low charges on transaction
- Available on ISO and android
- Well active social platform with high engage users
Cons
- Users transaction can be made public if set on default
