Which is better: Venmo or PayPal?
It depends on your needs! Venmo is great for personal transactions, while PayPal is better for business and international payments.
What are the fees for each service?
Venmo is free for personal transactions, but charges for instant transfers. PayPal has a fee for receiving money for goods and services.
Can I use Venmo for business transactions?
Yes, but Venmo is primarily designed for personal use. For business, PayPal offers more robust features.
Which one is more secure?
Both have strong security measures, but PayPal offers buyer protection, which can be a significant advantage.
Are there any limits on transactions?
Yes, Venmo has weekly limits for sending money, while PayPal has different limits based on account verification.
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