The Venmo app has 2 main functions. You can use it for paying other people and collecting money from those who owe you. It’s a straightforward and handy service, protecting your financial information by using data encryption. Venmo is a licensed provider of money transfer services.
You can synchronize your Facebook or phone contacts to let the app find your friends automatically.
It’s easy and quick to make a transfer by entering a friend's name, @username, phone or email. Using the Venmo app, you’ll never have to awkwardly ask friends to pay you back.
By default, your friends can see how much you send and who it's to. So, don’t forget to turn this function off if you want to make private transfers.
Cross-platform use 5.0