They both get money out of your bank account or credit card and into someone else’s. Ultimately, Venmo and Paypal do the same thing. Paypal, we used two full-membership accounts to examine the user interface, transaction process, features, fees, and balance transfers.
It’s because Paypal has layered in more complicated fee structures depending on whether payments are international, and what is being paid for.įor example if you’re sending money to a friend you can choose to pay the fee or have the recipient pay it. Why are there so many choices with Paypal while Venmo is such an easy 3-step process? The first step of the wizard looks simple enough. It’s a step by step wizard that changes the next options depending on your choices and who you’re sending money to. It’s also not very easy to find the link to transfer money to your bank or credit card.Īnd once you do select Send, the process isn’t a simple form. Paypal, on the other hand, has Send, Request, Crypto, and More buttons on the main page, mixed among all kinds of other information cluttered around the main dashboard. Your user will have to pay a fee for receiving the money but Venmo doesn’t bother you with those details. If the user has a Venmo account, you type the amount, a reason (if you want), whether to share the transaction publicly, and you’re done. Using the Venmo app, it’s really just a quick three step process without any confusing options or other choices. Without a doubt, the process of sending money to people with Venmo is much simpler and more streamlined. Your post will be removed.Venmo being much newer, is still getting a foothold.īeing able to pay for things directly in stores using these services means you don’t have to transfer money to your bank account before you can buy things with your balance.
#Venmo app for windows 10 update#
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