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PayPal vs. Venmo – Features of PayPal – Features of Venmo




PayPal vs. Venmo is the two big trending names in the online market game. However, PayPal is a long-standing and trusted payment service that came to fame as a payment method for eBay; While Venmo is a new digital wallet that has become popular in the world today. 


PayPal vs. Venmo

 PayPal vs. Venmo: Repaying our friends with cash transfer apps like Venmo and PayPal has been made easy through so many recent innovations in our technology today. Sending and receiving funds is easy. PayPal has been one of the pioneers and strongest players in the payment service space and after its acquisition is the payment app Venmo. It seems both apps have been dominating the space.

PayPal

PayPal was founded in 1998; it went public in 2002 and was quickly purchased by eBay. It uses the digital wallet and this made it widely known.

Features of PayPal – PayPal vs. Venmo

Below are some great features that you can find mostly in PayPal.
1.      Mobile card reader
2.      Online invoicing
3.      Inventory tracking
4.      Credit card reader
5.      Efficient customer support
6.      Barcode scanning
7.      Bill me later.
These are some amazing features of PayPal that make using PayPal enjoyable and easy.

Advantages of using PayPal

Will I get a superior and favorable position if I use PayPal service? The below advantages will help you find out
·       PayPal is flexible
·       PayPal offers you credit card security
·       It is cost-free. It has no annual charge
·       PayPal sponsors special discount for customers that shop with PayPal selected retailers
·       PayPal offers you credit card security.
·       PayPal allows you to send money to anyone at anytime
·       PayPal has an iPhone app that makes it easy to shop online.
If you don’t have an account with PayPal, with this stated advantages you might want to give this service platform a trial.

Venmo  

Venmo is a digital wallet that allows you to share and make payments with friends easily. With this service, you can easily split bills, cab fare and so much more. Both senders and receivers should live in U.S. Venmo account holders can also transfer money to others using a mobile phone app. Note that this service works by linking your bank account and a credit card or debit card which is optional.

Features of Venmo – PayPal vs. Venmo

1.      Link bank account and debit cards
2.      Data encryption
3.      Request money
4.      Track payments
5.      Split bills
6.      Data storage
7.      Make payments
The above features are the enjoyable features you will get while using Venmo.

Advantages of using Venmo

Venmo is an awesome source of receiving and processing online payments.
·       Venmo is relatively easy to use and quite understandable
·       It is free
·       Venmo replaces petty cash when you have to pay a friend.
·       Making payment with Venmo takes place instantly
·       You can make quick payments to someone or deposit to your bank account with Venmo.
·       Venmo is always available and convenient to use.

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