Venmo Adds New Feature and 3% Fee for ‘Refund Support’

Peer-to-peer payment app Venmo has long told users not to use the service to pay strangers for goods or services. That appears to be changing. The service has quietly added a feature it’s calling the “Venmo Purchase Program.” For a hefty, optional 3% nonrefundable fee, which can be added on a per-transaction basis, Venmo says it will step in if users don’t get the item they purchased or it’s “a…

Original Article Posted at : https://www.moneytalksnews.com/venmo-adds-new-feature-and-3-fee-for-refund-support/