Effective November 6th, Venmo patrons who use Instant Transfer to move money from their Venmo accounts to their debit cards will notice increased service fees. Instead of a flat $.25 per transfer, Instant Transfer fees will be set at 1% of the total sum.
Via: The Verge
Source: Venmo
Venmo increases fees on instant money transfers posted first on https://www.engadget.com
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