Venmo
what is venmo
a app
Both things can draw from a what
what is a bank account
What is a check
A check is a written insturment to deposit money from the writer to the reciver
what happens when you use a instant transaction with venmo
you get chraged
both can have hidden what
fees
where can someone deposit a check
a bank or credit union
do any big businesses pay using venmo yes or no
no
what cant you do with venmo
pay bills
what is the most common use of checks
pay for employment
how old must you be for a venmo account
18 years or older
both can be tracked true false
true
Name the three things at the bottom of a check
routing number account number check number
when did venmo start
Venmo started out in 2009 as a way for founders Andrew Kortina and Iqram Magdon-Ismail to pay each other without having to exchange cash or write a cheque
what is venmo more similar to a check or cash
check
if a check is over 10,000 dollars what must happen to it
it must be reported to the irs