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Updated over 4 years ago on . Most recent reply

User Stats

1,369
Posts
1,765
Votes
Patrick M.
  • Rental Property Investor
  • Red Bank, NJ
1,765
Votes |
1,369
Posts

New Venmo User Agreement

Patrick M.
  • Rental Property Investor
  • Red Bank, NJ
Posted

Any concern here amongst those of us who accept Venmo?

"3) Effective July 20, 2021, users who receive payments that are identified by senders as for goods and services will be charged a seller transaction fee of 1.9% + $0.10."

Most Popular Reply

User Stats

440
Posts
256
Votes
Justin Phillips
  • Lender
  • Phoenix, AZ
256
Votes |
440
Posts
Justin Phillips
  • Lender
  • Phoenix, AZ
Replied

Welp, I ran out of time to tell my tenant to switch to Zelle. Aaaaaand, no fees on the rent they sent this morning! Glad to see that, but I don't think I'm going to push my luck next month. It's a bummer though, Venmo is a great platform. 

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