Instant money transfer is now available to Venmo users
|Instant money transfer is now available to Venmo users|
Venmo has announced the possibility of immediate transfer of funds from the user's electronic portfolio to his bank account, within a period of not more than 30 minutes.
The user can transfer any amount of only $ 0.25, to be received on his bank account as soon as possible, with the same service provided by PayPal at the same cost as well.
The free transfer of funds to the bank account is still available. But it may take some time, which can be overcome by paying $ 0.25 to get the funds almost immediately.
The new feature is now available to all Venmo users, the company owned primarily by PayPal.