Money Sharing App Venmo. Venmo is unique in that it has a social networking component. Venmo is the simple, fun money app for sending cash quickly between friends and shopping at your favorite online stores.
The best part, there is no transaction fee for any transfer. A licensed provider of money transfer services (nmls id: Venmo is commonly used for paying friends back, splitting checks, and distributing allowances.
Split purchases to avoid awkward ious, share your new buys, and catch up on.
This form of social sharing is the. And, while you can sign in and access your account on the internet, it is a mobile first experience built primarily for use on the go with your smartphone. Venmo is so easy, it seems too good to be true, right? The app is integrated with facebook and your phone contacts, so you can see others’ activity in your newsfeed and easily find the right contact to send a payment to.