venmo

[Sport]

shouldve looked into it more...thats a problem. so i guess WM it is even though it is cumbersome

Just signed up for it too, can it be loaded onto bb via the website? Does bb view this as a real debit card?

[smaxber]

Just signed up for it too, can it be loaded onto bb via the website? Does bb view this as a real debit card?

Saw conflicting reports.
Question is, if can cause bb shutdown what about serve?

[Sport]

Saw conflicting reports.
Question is, if can cause bb shutdown what about serve?

Looks like someone started a thread about this.

[yitzf]

http://www.bloomberg.com/bw/articles/2014-11-20/mobile-payment-startup-venmo-is-killing-cash
Some insight into why CC's stopped being free,

At first, the Venmo co-founders rationalized the fees as a loss leader while the service got off the ground. But volume soared, the company hemorrhaged money, and, as Magdon-Ismail would later recount in a 2013 speech at MIT, the situation grew dire in a hurry. For most startups, he explained, a $5 million round should last two or three years. During one six-month stretch, Venmo burned through almost half of its $5 million in processing fees alone. Venmo’s board met and agreed to take emergency action.

and to the cluelessness of these companies

After some frantic reengineering, Venmo announced that users who linked their Venmo payments to their bank accounts or debit cards could continue making Venmo payments for free. Those who continued to rely on their credit cards, however, would have to cover the transaction fees. “When we did that, all our amazing growth plummeted,” Magdon-Ismail said. “We had meeting after meeting, trying to decide what we were going to do next. It was almost as if, we thought, people were just using Venmo because they wanted to get free credit card points.”

Ya think? (bold mine)

[Essen est zich]

Targeted: get $10 from Venmo by logging in.

I got a email from them.

[AsherO]

Targeted: get $10 from Venmo by logging in.

I got a email from them.

Yup, mine posted already. Per the fine print I t’s limited to 200,000 redemptions.

I got $5 as well some time ago.

Silly artificial way to manufacture “active users” before the end of the quarter.

[askmoses]

Yup, mine posted already. Per the fine print I t’s limited to 200,000 redemptions.

I got $5 as well some time ago.

Silly artificial way to manufacture “active users” before the end of the quarter.

I should log out of Venmo more often lol

[dsprod]

I got a payment from someone through venmo and the guy opened a claim and they refunded him resulting in my venmo account being in a negative balance. My question is if I just don't use venmo will that balance just blow over or could that hurt my credit? I don't have a ssn linked to the account...