Sunday, January 27, 2019

Convenient money transfers

As a man on the lam, I'm always finding that I'm needing to either send or receive funds across distances and between bank accounts of friends and family. The easiest solution I've found to this, sometimes cumbersome, task is a relatively new smart phone application called Venmo. Venmo is an application that was developed by the creators of Paypal in order to fill the growing need for a platform that allows for users to exchange currency digitally in our ever increasingly cashless society.  

The application requires all users to have an active bank account, and to link this account to the application. This is much in the same way that a PayPal account is linked to a bank account. Once linked the sender uses the application to send funds. The funds are delivered to the receivers application, and then can be transferred to the receivers bank account (2-3 day delay for traditional transfer, instant transfer to debit card account for a small fee). This step can be skipped, and the funds spent directly from the application, if the user request and receives a Venmo card. 

Venmo offers users the opportunity to recieve a wallet size card that is similar in appearance and design to any number of credit/debit cards you've got tucked away in your wallet right now. This card allows for the receiver to eliminate the final step of having to transfer the the received funds from their application to their bank account.

I really enjoy the ease and convenience of this application, and In conjunction with the wallet card it's utility can't be overstated.


Happy Sunday...

Thank you Lord, and thank you Savior, for always being there when I need you the most. And for sending your angels, disguised as my family, to love and support me through it all... 

1 comment:

  1. Harrah's Cherokee Casino & Hotel - Jackson County Chamber of
    Harrah's 의정부 출장안마 Cherokee Casino & Hotel - Jackson County 의정부 출장마사지 Chamber of 문경 출장샵 Commerce and Harrah's Cherokee 안성 출장마사지 Casino & Hotel, located in 김포 출장샵 Jackson County,

    ReplyDelete