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#1 |
Waiting to pass ROFR (i.e., n00b)
Join Date: Feb 2012
Posts: 32
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![]() Has anyone used Venmo for payment instead of Paypal? I recently used Venmo to send my daughter money and it transfered almost instantly into her account. I think the fee is 1%.
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#3 |
Add-on Aficionado
Join Date: Jun 2009
Posts: 14,330
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![]() I have used Venmo before but not for DVC rentals. For that I also prefer a personal check.
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Three Little Circles |
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#4 |
Add-on Aficionado
Join Date: Sep 2007
Location: 12 Grimmauld Pl
Posts: 8,175
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![]() I haven't used Venmo, but I have used Zelle. For the time being there is no fee attached to using it, but there are transfer limits -- you would have to check with your bank on the limits.
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Carolyn ![]() Where I'm Going 2020: Aulani - Sunday, December 20 - Friday, January 1, 2021 |
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#5 | |
Add-on Aficionado
Join Date: May 2013
Location: SouthEast, CT
Posts: 6,384
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![]() Quote:
Some bank allow upto $2500/day. Numerous times I have received money thru Zelle.
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Home Resort: Aulani, BLT, VGF, BRV (VWL), BWV, AKL, OKW, SSR My Trip Reports 2015 Spring Poly/VGF Wishes in Pics Christmas 2014 HHI 2015 Christmas HHI and AKL 2016 - Atlantis Spring break |
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#6 |
Studio
Join Date: Jan 2008
Location: Southern California
Posts: 129
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![]() I have received payment through Venmo for a rental, no fees if funded via Venmo balance, bank account or debit card. I prefer Venmo or Zelle to Pay Pal.
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Home Resorts: AKV, BLT, BWV, VGF ![]() |
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#7 |
Studio
Join Date: Aug 2018
Location: North Alabama
Posts: 85
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![]() I have received money with Paypal, Zelle, Venmo, Check, and Apple Pay Cash. They are all pretty easy to use, but if you have an iphone then apple pay is probably the easiest. I didn't have any transaction fees and wouldn't accept a payment form that charged them.
-Jeb |
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#8 |
Waiting to pass ROFR (i.e., n00b)
Join Date: Feb 2012
Posts: 32
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![]() Thanks for sharing all the info! I wanted to make sure that it was a viable option to offer renters. I've used checks and paypal, but venmo is so quick and easy. It would work for the smaller rentals. I learn so much on this site.
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#9 |
Waiting to pass ROFR (i.e., n00b)
Join Date: Oct 2009
Location: Seekonk, MA
Posts: 18
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![]() Is there a limit on the amount you can receive in one payment on Venmo?
I have always accepted personal check and PayPal but this might be a great new option.
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Member since 1998 OKW-BWV-SSR-AKV-BLT |
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#10 |
Waiting to pass ROFR (i.e., n00b)
Join Date: Mar 2017
Posts: 13
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![]() Not an owner, but another possibility to Venmo is Cashapp. Both work similar to each other and I'm not aware of any fee unless you elect to receive funds to your bank account ASAP. If you are willing to wait 2 business days to cash out to your bank account, there isn't a fee I'm aware of for either app.
There might be an amount limit but I'm not aware of it. I used to Venmo my monthly rent. |
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