Venmo launches instant bank transfer feature nationwide

//Venmo launches instant bank transfer feature nationwide

Venmo launches instant bank transfer feature nationwide

Venmo, a payments app owned by PayPal, announced Monday that it is adding an instant bank transfer option, allowing users to send and receive money instantly — for a small fee. Previously, Venmo users could send and receive funds by linking their bank accounts and/or debit cards to their account. Venmo rolled out its instant debit transfer function last year, but until this week, bank transfers would typically take 1-3 business days. Now, users can send and receive funds within minutes for a…

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By | 2019-08-14T00:48:23+00:00 August 14th, 2019|Economics|

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