There’s Venmo both payments and requests are a long-desired feature. People can use this toolkit to send one-time payments or requests, or to schedule monthly, weekly, or bi-weekly tasks.
Users will receive a push notification the day before payment if funds are not available. To that end, if Venmo freezes the account, the platform will withdraw from the linked bank account. These tools are currently being rolled out.
For those with roommates, this is an obvious boon, as a roommate who somehow has to deal with all the utility bills can let Venmo do the heavy lifting of bothering everyone. Venmo says 84 percent of consumers use peer-to-peer payment services to pay for things like rent, utilities and other living expenses.
It is also good for those with poor life organization skills. I can’t tell you how many times I’ve forgotten to pay a bill even though I had money. Setting things up in advance can be quite helpful.
This is the latest quality of life feature added by Venmo. The company recently integrated no card reader required. The payment platform now allows users as well .
