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Esteemed Contributor
manny2
Posts: 6,242
Registered: ‎05-24-2010

Re: Question about Venmo

‎08-27-2023 03:49 PM

@moonandthestars wrote:

@Tori3569  Hmm, let me see about linking to a bank account.  I didn't see that option when I signed up.  However, just to be clear on my transaction fee woes, it is my credit card which is charging that to my account - shouldn't they have notified me about that other than just charging me?

 I realize that Venmo has some small fees associated with it - I kind of thought the sellers (i.e. receiver of the money) paid that, but I was prepared to pay something for the service.  I ended up paying that (I think) plus $10 per transaction charged by my credit card company.  

 

I have no idea why people prefer Venmo to paypal!! Maybe the seller fees are less?

There are two options when you deposit a payment into your account. If you choose the 1-3 days it is free.If you want it sooner you pay the fee. 

 

Make sure you are clicking the correct box. 

 

I love Venmo. I never had an issue.

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