Question about Venmo - Page 2

Mindy D · ‎05-23-2010

@Kachina624 wrote:
I use my bank's bill pay function for personal and business transactions. Never a fee or problem as it comes directly out of my checking account.

@Kachina624 Make sure you check any payments that the bank can't deposit electronically. I use a major bank and most payments go in electronically but a few companies don't accept electronic funds transfers so they are paid by bank issued checks that are mailed by the bank. The bank does use security paper and security ink and there are additional safeguards on their checks.

One bill that isnt accepted electronically is my AT&T landline. All my other AT&T bills do go in electronically.

A few months ago I paid my landline bill through the bank's payment system and I kept waiting for my payment to show up as being processed by the recipient. ATT never processed their check. I called the bank and they cancelled their check and I paid the ATT landline bill at the ATT website using my credit card.

I'm still wondering where that check is.

Mindy D · ‎05-23-2010

@moonandthestars wrote:
@781Florist I'm very new to Venmo so I'm not even close to being an expert on the subject. I do have a question for you: when you say that you sent your sister a payment via Venmo - where was it to go? Her Venmo account? Or direct to her bank account? Or direct to her credit card? Obviously I'm not familiar with this whole procedure, but seems to me if you have confirmation that you sent it and it was "received" can you not give her your confirmation / transaction number for her to give to her bank or wherever it was supposed to be received?

I have my own issues with Venmo - a couple of people I deal with asked that I pay with Venmo (vs. PayPal, etc.) so I relented. Seemed easy enough, but I just found out in reviewing my credit card statements that my bank changes me $10 extra per transaction! Oh my! They call it a transaction fee. They treat it as a cash advance or something like that and charge me higher interest on it too. I was able to get one $10 refunded, but that leaves like 8 more. I'm pretty upset and will call them again today to see how we can straighten this out. Any advice? I won't continue to use Venmo, obviously.

Hope you and your sister straighten out your situation quickly and easily.

@moonandthestars @Maybe it went to the wrong account number?

Mindy D · ‎05-23-2010

@781Florist Could you have given the wrong account number?

peachesncream · ‎03-13-2010

I've been using Zelle lately, at the recommendation of my kids and grandkids. I feel like it's safer/faster/easier than using Paypal or Venmo to send money to individuals.

It's owned and run by the major banks (Bank of America, Wells Fargo, Capital One, Chase). No fees to send or receive money. Money arrives in minutes. Many banks and credit unions now offer Zelle. But if your bank doesn't, you can still send money using the Zelle app on an I Phone (I'm going by what it says on their website; my bank is Bank of America so it was super easy to set up a Zelle account.)

I still use Paypal occasionally shopping online, and I've never had any problems. Don't get me started on Venmo - although they're now owned by Paypal, they don't operate the same way and I had nothing but trouble with them.

sunshine45 · ‎03-09-2010

i use zelle, paypal, and venmo.

have not had any issues with any of them, but i use them all for different reasons. i would NEVER buy anything with zelle or venmo.....for that, paypal is preferred because i can always open a case if something happens or does not get delivered. if anyone asks to be paid via zelle or venmo i just say i am no longer interested.....unless i know them VERY well.

in my immediate family, most of us use venmo to reimburse each other.

i also have and use a VENMO rewards visa card. they deposit cash rewards into my venmo balance every month.

********************************************
"The world is a dangerous place, not because of those who do evil, but because of those who look on and do nothing." - Albert Einstein

teganslaw · ‎03-11-2010

I don't trust Venmo, not sure about Zelle. I use Paypal frequently and never had a problem.

"The more I learn about people, the more I like my dog."

Mark Twain

781Florist · ‎10-16-2021

It is Sunday afternoon and my sister just texted me.

She said never mind, the money was in her Venmo account. I would be annoyed with her if I wasn't so familiar with senior moments myself.

I still realize that the check would have been the smartest and easiest way to have gone about this!

....and I also use PayPal for online purchases whenever possible. Love them. Never a single problem.

Thanks guys!

KKlim · ‎06-20-2015

@781Florist. Glad you were able to straighten it out.

tansy · ‎01-02-2011

@781Florist wrote:
It is Sunday afternoon and my sister just texted me.
She said never mind, the money was in her Venmo account. I would be annoyed with her if I wasn't so familiar with senior moments myself.

I still realize that the check would have been the smartest and easiest way to have gone about this!

....and I also use PayPal for online purchases whenever possible. Love them. Never a single problem.

Thanks guys!

There have been threads here recently about the dangers of sending checks thru the mail. I won't do it anymore.

CelticCrafter · ‎03-09-2010

I only ever used it once and there was just something about it that I didn't trust or like. After the payment went through I canceled or deleted my account with them.

I don't like having my checking account number out there floating around.