Venmo's Instant Money Transfer Feature Is Under Maintenance
News

Venmo Surprisingly Removes The Instant Money Transfer Feature

The feature is available only to some users for now

Venmo Surprisingly Removes The Instant Money Transfer Feature

Venmo, the popular mobile payment service has suddenly removed its instant money transfer option from the app. So, if you are one of the Venmo users struggling to find that money transfer service then you need to wait for a while. The company announced that the option has been removed from the app and it is under maintenance for now.

Paypal owned, payment platform offers an instant money transfer service to its users. With the help of the option, a user can easily transfer money from Venmo app to the account linked to their debit card within seconds. The service is so fast, you can see the transferred amount in no time and the company charges 25 cents each transfer. However, the users are unable to avail the instant money transfer option after the company removed it on Wednesday. Venmo came on Twitter to notify its user that the feature has been removed from the app for making few changes in it.  

On Thursday, the feature was made available by Venmo to a limited number of users. However, the company didn't disclose that when the instant money transfer option will be available to all the users. This isn't the first-time Venmo pulled back its quick money transferring option, in February the company removed the instant transaction feature for a while and left the users with the annoying one day transfer option. This time, Venmo said that the feature is going under some changes and it will notify the users when the service will make its way back to the app.

PayPal acquired Venmo in 2013 and since then the payment service is getting frequent changes. In October 2017, Paypal added Venmo as the payment option across its 2 million US retailers. It is clear that PayPal wants to make Venmo more recognizable and popular in the US market against the competitors like Square Cash. Maybe removing the instant money transfer facility for changes is nothing more than a PR stunt from the company.

Tanya <span>Editor In Chief</span>
Written By
Tanya Editor In Chief

She is a content marketer and has more than five years of experience in IoT, blockchain, Web, and mobile development. In all these years, she closely followed the app development, and now she writes about the existing and the upcoming mobile app technologies. Her essence is more like a ballet dancer.

News

Instagram Live Video Feature: Make Way for More Talking With This New Update

4 min read  

The globally-renowned feature-enriched photo-sharing app, Instagram is enhancing its live video streaming feature to add more fun for the users. The new Instagram live video feature allows users to add a guest on a video that they are live streaming with others. The rollout has been made as a part o

News

Google Introduces TensorFlow Lite Developer Preview For Mobile Machine Learning Optimization

4 min read  

Google, today launched the developer preview of Tensorflow Lite for both Android and iOS platform. TensorFlow is an open source library for dataflow programming and machine learning such as neural networks. Back in I/O 2017 the Android owner announced that it was working on the new version of the Te

News

Know Which Apps Are Banned From the Google Play Store

4 min read  

In a bid to make its platform free from any baleful prospect, Google has banned apps from Play Store that includes cryptocurrency mining, disruptive ads, firearms, copied content, and a few more. The announcement came through the ‘Developer Policy Centre’ page. The Developer Program Poli

News

Instagram Influencer Marketing, Instagram Adds

4 min read  

Instagram desires more users to share when they will be ‘paid to post’. This Facebook Inc’s mobile app has rolled out the information about the expansion of its official content driver. Now, the good news is that all the users will have access to the ‘Paid Partnership’