how does venmo works?

how does venmo works?
How Venmo Works. After installing the app on their phones, then linking their Venmo accounts to their credit card, debit card, or checking accounts, Venmo users can instantly begin exchanging funds among one another, with Venmo functioning as a virtual fiscal intermediary.
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Do you need a bank account for venmo?
If you don't have access to a Venmo balance, you 'll need to add a U.S. bank account, credit card, or debit card to make a payment. If you do have access to a Venmo balance, you 'll need to add a U.S. bank account, credit card, or debit card if you want to make payment larger than the amount in your Venmo balance. Oct 12, 2020
Full answer in: help.venmo.com
How do you pay someone on venmo?
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Is venmo safe to use?
As far as payment activities go, Venmo is considered safe since it uses bank-level encryption to protect your financial information. Plus you can choose to add layers of authentication including a required PIN number. Sep 10, 2020
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Whats the catch with venmo
FEES
Returned Payment
Full answer in: venmo.com
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