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That's a bad idea because you're likely to get scammed: http://www.slate.com/articles/business/moneybox/2015/09/venmo_scam_and_fraud_why_it_s_easy_to_get_ripped
by fossuser 9y ago
That's a bad idea because you're likely to get scammed: http://www.slate.com/articles/business/moneybox/2015/09/venmo_scam_and_fraud_why_it_s_easy_to_get_ripped_off_through_the_mobile.html http://www.slate.com/articles/business/moneybox/2015/09/venm...
Basically if you're doing a transaction with an untrusted person the time it takes for things to clear means you can be taken advantage of.
- AstralStorm 9y agoIt is not about scams, but lost earnings from PayPal services which are expensive for a wire transfer. Venmo has a similar dispute system and you can often bounce on credit card too.