Like any other company, Venmo needs to make money, and while there are ways to get by without paying fees, some Venmo fees are involved for specific transactions. Let’s go over them so you don’t get ...
Like any financial service, Venmo does charge fees in certain cases. Though, depending on how you use Venmo, it's entirely possible to use the app for free without ever paying fees. Venmo does charge ...
I'll always prefer cash to payment apps, but it seems like Venmo is an inescapable part of splitting dinner, tipping baristas, or otherwise functioning as a social being these days. The app allows you ...
In the vast and often complicated universe of digital payments, peer-to-peer (P2P) payments platforms have emerged as popular, user-friendly services with rapidly growing user bases. From PayPal's ...
Venmo was designed as a simple way to transfer money to people you know—maybe a group of friends who had lunch together or your half of the rent you owe your roommate—not for buying things. Even the ...
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How Does Venmo Make Money?

If you've ever used Venmo to pay your roommate for rent or split a bill, you might have wondered: How does Venmo make money if it’s free to use?
Peer-to-peer payment apps like Venmo offer an easy way to send money to friends and family as well as businesses selling goods and services—but that ease makes them a target for scams involving theft ...
Mary Cunningham is a reporter for CBS MoneyWatch. Before joining the business and finance vertical, she worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program.