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A comment on Thanks to Venmo, We Now All Know How Cheap Our Friends Are. Parent comment

Re:Thanks to Venmo, We Now All Know How Cheap Our Friends Are by fossuser on Sunday July 23, 2017 @06:04PM (#14834661)
That's a bad idea because you're likely to get scammed: http://www.slate.com/articles/business/moneybox/2015/09/venm...

Basically if you're doing a transaction with an untrusted person the time it takes for things to clear means you can be taken advantage of.

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Re:Thanks to Venmo, We Now All Know How Cheap Our Friends Are by AstralStorm on Monday July 24, 2017 @04:54AM (#14836857)
It is not about scams, but lost earnings from PayPal services which are expensive for a wire transfer.

Venmo has a similar dispute system and you can often bounce on credit card too.

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