If they’re looking for something a little more socially satisfying. However, you can make your payment private if you want. Debit card and bank transfers are free, credit card transfers cost 3% of the balance. And quick transfers from your Venmo account to your bank account cost 1% of the transferred amount and can go up to 10%. Transfer fees are also extremely reasonable.
You can also use a Venmo debit card or credit card to get incentives and access your Venmo amount conveniently. Additionally, Venmo provides the option to set up a business profile. Which enables entrepreneurs and casual sellers to undertake commercial transactions through the app.
Western Union
For many years, Western Union has been a household name in money transfers. It’s an incredibly quick and secure way to transfer money from one location to another. You can use this app to send money both in the US and to other locations in the world. It’s also among the most adaptable methods for sending money.
Utilize the app to send money via a credit or debit card, a bank account transfer, or by bringing cash to a nearby agent. The receiver gets the money electronically or is picked up at a bank or a Western Union facility. Even using the app, you’ll probably have to pay more to use the Western Union service. However, you are paying for the assurance that comes with being able to follow your transaction from sending to reception.
