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Venmo is a mobile payment service that allows users to send and receive money, split payments, and make purchases. It offers a debit card, a credit card, and the ability to buy and sell cryptocurrency. Users can also set up direct deposit for early access to paychecks.
Feature Matches7/15
See all7/15
Must Have
3 of 5
Transparent Low Fees
Borderless Debit Card
Fast Transfer Execution
Mid-Market Exchange Rate Transfers
Multi-Currency Account
Other
4 of 10
Business Account Features
Mobile App
Regulatory Compliance
Customer Support
Batch Payments
API Integration
Real-Time Rate Alerts
Invoice Creation
Spending Analytics
Multi-User Access
Rationale
Venmo offers peer-to-peer payments, a debit card, and business profiles, aligning with some of the 'other' features. However, it does not explicitly state support for mid-market exchange rates, multi-currency accounts, or international transfers as a core offering, which are must-have features for Wise. While the debit card can be used worldwide, the primary focus of Venmo is domestic US payments.
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See allBest alternatives to [Product] in 2024?
Reddit·tech_enthusiast·2d ago·+142
I've been using Alternative A for 6 months now and it's been fantastic. The pricing is much better and the features are actually more robust than what [Product] offers.
Show HN: We built a better [Product]
Hacker News·startup_founder·5d ago·+89
After struggling with [Product]'s limitations, we decided to build our own solution.
It handles edge cases much better and the API is actually documented properly.
Check it out at our site.
[Product] vs Competitor B - which one should I choose?
Reddit·confused_buyer·Nov 30·+67
Honestly, after trying both, Competitor B wins hands down. Better customer support, cleaner interface, and they don't nickel and dime you for every feature.
Why we migrated away from [Product]
Hacker News·cto_mike·Nov 27·+234
The breaking point was when they changed their API without notice. We lost 3 days of productivity. Solution C has been rock solid for us since we switched.