How To Transfer Money From Bank To Venmo
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How To Transfer Money From Bank To Venmo

Venmo is a mobile payment service owned by PayPal. Venmo account holders can transfer funds to others via a mobile phone app; both the sender and receiver have to live in the U.S. It handled $12 billion in transactions in the first quarter of 2018.Venmo was launched in 2009 targeting the use case of friends splitting bills, e.g. for movies, dinner, rent, tickets, etc.
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