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Yeah, it's one of the easiest ways to send money back and forth between people.

• stephenr 8y ago
  I wonder if US banks will ever catch up to the rest of the world in this regard.
  • aketchum 8y ago
    They have. Look at zelle. I think it's better than venmo because it is a part of the banks Mobile app and instantaneous transfer is the default, while venmo charges for it
    • stephenr 8y ago
      > Look at zelle. That phrase doesn’t mean much to someone outside the US. I looked it up, it’s a thing owned by some US banks (and thus only available to those banks customers? That part isn’t clear). Being better than venmo doesn’t mean much either - in other countries interbank transfers are just something you do via your bank - no third party involved.