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Simple, safe and just about everywhere, Venmo now boasts more than 83 million active users, according to Moneyzine. Of this large group, more than one in three are between 18 and 29 years old....
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Accepted payment methods. Credit or debit cards. American Express; Visa (credit or debit) Discover (credit or debit) MasterCard (credit or debit) PayPal (for most online purchases) Direct debit is no longer available for active accounts, however, it can be used to pay past due balances, with a $7 fee. Entering your payment info
Sending a payment to a username or email that isn’t associated with a Venmo account will be shown as Pending. The money will be deducted from your funding source, either your bank or Venmo account.
Money sharing apps like Venmo are making it easier than ever to send money to family, friends and professionals. What can get lost in translation, however, is the etiquette involved in paying ...
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The good news is that Venmo offers many safeguards to help keep your money safe. See: 3 Things You Must Do When Your Savings Reach $50,000 10 Common Venmo Scams