07-07-2016, 03:24 PM
Ken Wrote:The transfer from within Venmo (i.e. user to user) is instantaneous. To transfer out (to your bank) is next business day.
I had this argument with some folks at my previous employer. It provides me no benefit, I can instantly pay friends with no fees from my PayPal acct, CC, or my bank account. Deposited in my bank account typically the next day. Also having the ability to pay for things using PayPal on web purchases with PayPal fraud and CC fraud backing me is beneficial.
For me it fills no gap, but we live in a time where new and shiny are the norm, I also see no point in Snapchat or twitter for that matter. But I got onto Facebook when you still needed a .EDU email address. Those were the days!