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Old 04-06-2015, 12:01 PM   #1
Clark Grizwald
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Venmo

Wondering if this app is good and secure. I'm thinking about using it to send money to my daughters in college.
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Old 04-06-2015, 08:02 PM   #2
ChrisBlair
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To be frank, I'd never use an app to transfer money unless it was the only option, and then I'd set up a throw-away account that I only had enough money in to send the cash I want to send.

I'd use a service like Western Union instead.
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Old 04-06-2015, 08:35 PM   #3
rebelyell22


 
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Why not use PayPal?
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Old 04-06-2015, 09:19 PM   #4
Clark Grizwald
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This one is owned by paypal and is free
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Old 04-06-2015, 11:17 PM   #5
LRickard
 
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Quote:
Originally Posted by Clark Grizwald View Post
This one is owned by paypal and is free
I use paypal but I wanted to know how does your app works.
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Old 04-06-2015, 11:38 PM   #6
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Can confirm that app is as good as it sounds. I do think there is some really small hidden fees but if that doesn't bother you it's great. It will take a few min to get the bank account info set up on her end and I think it can take as long as 3 days to get the money. If you guys have the same bank I am sure they offer a faster and free service but this is a great alternative. Use pretty regularly to collect fantasy football money, march madness, and pay people for lunch.
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Old 04-07-2015, 09:30 AM   #7
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Two seconds on Google brings up this...

http://www.slate.com/articles/techno..._to_think.html
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Old 04-07-2015, 12:06 PM   #8
Clark Grizwald
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Originally Posted by LRickard View Post
I use paypal but I wanted to know how does your app works.
Haven't used it yet, and by the sounds of that article that took 2seconds to find, I don't think I'm going to use it until the security gets better
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