Bitcoin Forum
July 22, 2017, 11:05:32 PM *
News: Are you prepared for Aug 1 / BIP148?
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Venmo the new Dwolla?  (Read 1612 times)
jlambert
Newbie
*
Offline Offline

Activity: 7


View Profile
March 20, 2012, 10:22:42 PM
 #1

Not sure if anyone else has come across this but it seems to be a new type of Dwolla, although the description says that transactions are shared with the public in a social way.  Seems like a cross between Dwolla and Bitcoin without the anonymity.

http://venturebeat.com/2012/03/20/venmo-now-processing-10m-a-month-comes-out-of-beta-offers-me-the-worlds-smallest-bribe/

https://venmo.com/

They also charge no fees at the moment..
1500764732
Hero Member
*
Offline Offline

Posts: 1500764732

View Profile Personal Message (Offline)

Ignore
1500764732
Reply with quote  #2

1500764732
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1500764732
Hero Member
*
Offline Offline

Posts: 1500764732

View Profile Personal Message (Offline)

Ignore
1500764732
Reply with quote  #2

1500764732
Report to moderator
Phinnaeus Gage
Legendary
*
Offline Offline

Activity: 1358


Bitcoin: An Idea Worth Spending


View Profile
March 20, 2012, 10:58:29 PM
 #2

Not sure if anyone else has come across this but it seems to be a search button on BitcoinTalk where one can search for stuff anonymously. That said, yes we've seen it.

https://bitcointalk.org/index.php?action=search
Stephen Gornick
Legendary
*
Offline Offline

Activity: 2212



View Profile
March 20, 2012, 11:06:43 PM
 #3

They also charge no fees at the moment..

Well, ... Venmo allows the payment to be funded from a credit card.   That used to be provided at par (no fee for the transfer from a card).  Now they charge 3% apparently  (though for new users, the first $500 of charges is free from any fees).

 - http://help.venmo.com/customer/portal/articles/429494-why-is-venmo-charging-credit-card-fees-

As far as competing with Dwolla, t here are no bitcoin exchanges or intermediaries that accept Venmo payments.  So Venmo is no more like Dwolla than PayPal, AlertPay, Square, or the multitude of competing services.

Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!