Bitcoin Forum
December 04, 2016, 04:37:34 PM *
News: Latest stable version of Bitcoin Core: 0.13.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Venmo the new Dwolla?  (Read 1548 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..
The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1480869454
Hero Member
*
Offline Offline

Posts: 1480869454

View Profile Personal Message (Offline)

Ignore
1480869454
Reply with quote  #2

1480869454
Report to moderator
Phinnaeus Gage
Legendary
*
Offline Offline

Activity: 1302


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: 1988



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!