Have you heard of Venmo yet? Most people haven’t.
I was a customer of PayPal’s rival, X.Com back in 1998, and was happy when they merged with PayPal. Since PayPal’s acquisition by eBay, at least from my point of view, everything’s gone down hill.
As someone who markets products and services via web sites, PayPal is a necessary evil. As more and more customers refuse to use PayPal, however, the need for a real challenger grows.
I was recently exposed to Venmo, and have been pleased with what I’ve seen so far. The interface is simpler than PayPal’s and seems to be simpler to use. Venmo has added a social trust dimension to exchanges, as well as the ability to pay each other using handheld devices (PayPal’s original business).
Using SMS text messaging, people can send money to each other’s Venmo accounts. It’s very cool! You can also embed payment widgets into your WordPress, or other web / blog site:
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I don’t trust paypal. They have access to your accounts, if you use their service. I never will.
You mentioned that Venmo uses SMS text messaging so people can send money to each other’s Venmo accounts.
On a related note, do you know of any good websites that allow you to send a text message to a cell phone from your computer?
Thanks for all your posts! Especially interesting was the post on raw chocolate! (I am trying to go vegan and eat as many superfoods as I can…berries, fish oil, maca…etc.)
I just came across this today sounds very interesting. How can I get an invite code?
Just sent you the invitation!