Venmo

Pros

Venmo is fast and easy to set up. Within a few minutes you can start taking payment for services and products sold. You can get paid in several different ways and even if the person doesn't have their card available.

Cons

If you close down an account and open a new one, it is difficult to link accounts and get the debit card to work. You cannot have multiple business accounts attached to your personal account. If you change the name of the business it can be difficult to change over.

Alternatives Considered

Reasons for Switching to Venmo

Pros

Venmo is awesome! You get a debit card. You can cash checks, use auto deposit, you can transfer money from accounts or to/from people. And I even have a teen account set up under my venmo for my teen daughter! I use my venmo for all my online purchases.

Cons

Hard to find ways to just load money onto card from cash. Also I can't find any free ATMs

Pros

Used to like I good send and receive money from my friends and family

Cons

That my account was over drafted for something I already paid for i had money in my account when paid for item now my account is incollections

Pros

I like the feed where I can see others who have paid me/others close to me. I like the option to have an immediate payout. I like the safety feature to confirm the final digits of a phone number. I like the ability to have a profile picture for others and myself to confirm who we are paying.

Cons

I would like to be able to first be able to confirm/accept payments from others. I would also like to be able to transfer venmo payments in my venmo account to others via payment, rather than having to transfer it to my bank account before paying.

Pros

I like it is easy to use and sending money to friends and family is very convenient. I can send and it is also instant.

Cons

I don’t like that it shows who you send money too and descriptions and it is a bit hard to take contacts off

Pros

Easy to use money management system. Able to send and receive money.

Cons

I don't like how your payments can be made public, each time to ensure your own privacy you have to change the setting from public to private.

Pros

It is another source of getting and sending money.

Cons

It not as common. I do not know a lot of people that use it.

Pros

Easy accessibility for payments. Easily connected to your bank account

Cons

Fees charged. Does not store previous contacts

Pros

The ease in which im able to make payments.

Cons

It doesnt have ease in bitcoin like cashapp.

Pros

Makes receiving payments easy for users of this app.

Cons

The fees are a little pricy if you need instantly.

Pros

Venmo is a great app that allows you to accept payment from clients and customers on the go.

Cons

Venmo could improve by allowing off-line payments and processing once a device is back in service.

Pros

I liked the ease of use, convenient setup, and its use as an alternative to a bank.

Cons

That the option for speedier transactions costs some extra money. In some cases, sometimes sending money is time-sensitive and Venmo, at best, can only fulfill a transaction in 2-3 business days under normal circumstances.

It's also sometimes hard to find my friends on the app.

Pros

I love the fact of the easy convenient way of using venmo as well as the layout of the app itself everything is pretty self-explanatory and if you don't know or can't figure it out they have an amazing customer service team that is right there by your side every step of the way

Cons

I have nothing that I don't like about venmo I've always had great experiences with them for the almost 4 years I've been using them

Pros

I love that it’s super easy to use from the app, it’s not complicated at all, I love how my direct deposit shows up 2 days earlier in my account, I can send, receive & process payments efficiently

Cons

I hate that sometimes when I add money to the account from another, it doesn’t populate instantly, and I wish there was a virtual option to use the card or view the card details other than that it’s great

Pros

How easy it is to send money to friends and family and how fast it goes through. So if friends or family really need some cash for maybe gas or let's say you need money, venmo is the quickest way to send and receive.

Cons

I recently did try to log back into my account because I forgot to change my phone number,

Pros

One of my favorite things is that I can
Customize my payment name with emojis or add inside jokes. It makes it so fun to look at previous transactions!

Cons

Never had any issues! But if I could suggest something is more personalization of the venmo cards

Pros

What I like most is how efficient and easy it is for patients to make online payments right from their phone as well as automatic payments.

Cons

There is nothing I have found that I do not like. We use it everyday as part of our tasks!

Pros

Venmo is another decent payment app. It is more focused on sending payments between friends and family. You can set up direct deposit so if you don't trust banks, you can use Venmo to get paid for your job. I like that you can also apply for a Venmo debit card so you can easily pay for items at stores.

Cons

Venmo is owned by PayPal. One con is they don't allow you to send money from Venmo to someone's Paypal. If you have a friend that only uses PayPal, you are not able to send money to that friend, using your Venmo balance. Venmo also allows you to buy and sell cryptocurrency, but when you go to sell any, it takes close to a week to verify the transaction. Other sites do this instantly, no matter how much you are selling.

Pros

I love how easy and fast it is to transfer money over to someone else or if someone gives me money and I can transfer within seconds to my bank account. When working at my other job my coworkers and I would always door dash and were constantly Venmoing each other back and forth, but it was always so fast and easy

Cons

There is only one thing I don't like about Venmo and it would be the fee it has, if I need or want to do an instant transfer

Pros

We host dozens of events every year and Venmo allows us the flexibility to accept payment on the fly and to pay gratuity to our performers by their preferred payment method.

Cons

Mobile only is a limitation. We don't give out company mobile devices so it would be nice if they could process venmo payments on the company laptop.

Pros

How easy it is to process payments, received payments, and send payments

Cons

They dont allow you to use prepaid debit cards

Pros

Super easy to send and request money, review your transactions, and monitor stuff

Cons

I have nothing bad to say about Venmo! I love it!

Pros

Venmo has quick payment processing and explains every step of the way where your money is at in the process. When someone pays for an item it notifies you immediately

Cons

Venmo can crash at times and cause major headaches when you need it most.

Pros

Easy to use and send or receive money in seconds

Cons

Customer support is hard to reach when there is an issue

Pros

Security and ease of payments. Also, timeliness.

Cons

It is sometimes hard to find the payee and ensure they are the correct recipient.