What is Venmo?
Venmo allows you to pay and request money from your friends. At its core, Venmo provides a social way to pay your friends when you owe them money and don’t want to deal with cash. For example:
Splitting a lunch bill
Paying your friend half of a cab fare
Sending your roommate your half of the rent
Using Venmo as a payment method in authorized partner apps
Do I need a Venmo account to send money?
Pay family and friends with Venmo accounts using a phone number or email. If they don’t have a Venmo account, they’ll just need to create one. … When you send money using your Venmo balance, bank account, debit card or prepaid card, we waive fees so it’s free. Our standard 3% fee applies to credit cards.
Pay with ZELLE
What is Zelle?
Zelle is a free and a quick way to make person to person payments, using your banks app. Money transferred using Zelle moves directly from one bank account to another … If the recipient’s bank is a participating bank the recipient simply needs to register for the service through their bank’s website or mobile app with an email address or phone number. If your bank does not support Zelle you can download the standalone Zelle app. I bank with Wells Fargo. Here’s a list of the current participating banks: https://www.zellepay.com/get-started