Re:Thanks to Venmo, We Now All Know How Cheap Our Friends Are
by nindalf on Monday July 24, 2017 @01:30AM
(#14836092)
Think twice about using Walnut. Their business model is selling your financial details to the highest bidder. They claim it's as innocuous as wealthy users being contacted about investment opportunities, but I wouldn't take their word for it.
Far better to use a vanilla expense manager. Maybe it takes an extra second to enter the details of the transaction but at least your data never leaves your device. That's the way it should be.
Re:Thanks to Venmo, We Now All Know How Cheap Our Friends Are
by skinnymuch on Monday July 24, 2017 @12:39AM
(#14835920)
Who is they in your first paragraph? Venmo? Or Splitwise? Venmo supporting PayPal makes complete sense considering it is a subsidiary of a subsidiary of PayPal.
If it's Splitwise, then it seems like PayPal doesn't care so much for propping up Venmo. Interesting either way.
Walnut seems like an interesting product. Thanks for the link.
I love Splitwise; almost all of my friends at uni use it and pretty much all shared expenses go on it. I also use Walnut (http://www.getwalnut.com/), not for the settlement feature, but rather for the expense tracking which automatically reads SMSes and builds up monthly expense reports.