Payment sharing services from Paypal, Square and Venmo are great, but it can take some time to move funds from those accounts to your bank so you can use them in real life. Last year, Paypal introduced $0.25 instant transfer fees to make it much faster to move money to your real-life bank. Now Paypal-owned Venmo is doing the same, offering transfers of funds in less than 30 minutes.
Source: Venmo
Venmo's 25-cent instant transfers are now available for everyone posted first on https://www.engadget.com
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