I personally think that Venmo is the best options for small transactions just in case something were to mysteriously go wrong within a transaction, you will not be losing that much money. There are many applications out there like PayPal and CashApp but I have heard the best reviews about Venmo out of the three of them just from other friends and family recommendations. One of the biggest things they point out is that since it takes a few days to transfer money to your account, you can also tell based on the rest of your bank statement if something seems off. The app allows you the option to use Face ID and PIN numbers that only you would be able to know.Īlthough the article also states that Venmo is not really in charge of providing money back for you if a scammer were to take it, the way the application is set up basically can allow you to tell if you are being scammed. Another way it allows you to keep your privacy is that it gives you certain protocol options when choosing to transfer money to ensure that you are not a hacker. One of the first thing that I have read in the article linked down below, Venmo actually uses API which is application programming interface which allows the app to store its users information in certain secure places with appropriate protocols that allows the users data to stay private and safe. Reading more up on how safe Venmo actually is, to my pleasant surprise I have learned that the application is indeed very safe. This can create a big issue if someone is attempting to transfer a large amount of money to their account and it all goes missing. Although I have had great success with the app, I have heard from friends that sometimes the money they are trying to transfer to the bank does not end up getting to their account. The only thing that is slightly frustrating about transferring to the back is that there is a fee you need to pay if you want the money to be in your account within a day. I also find that having to transfer money to my bank is not much of a problem at all either. I have never had any difficulties looking up the person I am attempting to pay or receive money from, especially because there is an option to link your contacts to your friends list. I find the application very user friendly and it is almost an instantaneous process in terms of transferring money from one person to another. When I think about Venmo I think about it as a very safe app to use to transfer money to my friends and my bank account. This entry was posted in Uncategorized by Zachary Johnson. In general, Venmo is very safe and secure to use with transactions, just don’t give your password to a stranger. Users should also try not to have too much money in their account balance, in case a hacker is trying to access their account. Venmo also offers a friends only or private option to all payments, so the public cannot see the users money transfers. An optional added security measure is to add a PIN, FaceID, or fingerprint scan to access the app before making any transactions. There are more ways to make your account more secure within the app. This offers a secure and easy way to send money to other users. Venmo stores user data on servers in secure locations and uses encryption to protect payment information. This being said, students should know, is Venmo the safest and most secure methods of transaction? The short answer is that yes, it is a very secure and safe way of transferring funds.Venmo uses an application programming interface (API), which is basically how they access the user’s data while they are using the application. As any college student knows, Venmo is the most superior form of payment.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |