Venmo
5
Advertisement
Pros
Simple and Easy to Use: Intuitive interface, quick setup-time in minutes just a US phone number and email.
Venmo Debit/Credit Cards: Optional cards to use to spend Venmo balance and earn cash back.
Crypto and Check Cashing: You can purchase or sell crypto and cash checks with the app (additional fees apply).
Cons
US Only: Cannot be sent internationally; both sender and receiver must be in the US.
No FDIC Protection: The money you leave sitting in your Venmo account is not deposited into a bank and therefore not insured by FDIC the way the money in your bank account is.
Ad
Recommended Articles
Get the Most from McDonald's for Maximum Efficiency
McDonald's
How to Get the Most Accurate IQ Score in the IQ Test
IQ Test
Your Guide to Sending Messages on WhatsApp Messenger
WhatsApp Messenger
Comments