Venmo is introducing new fees, and you're not going to like them

Fees for more goods and services will go into effect next month

Venmo is a popular user-to-user money transfer service, which gained a lot of ground for being easy to use and essentially free. But ever since PayPal bought the company back in 2013, the writing was on the wall for the first part of that. Soon the latter will start to look more like the former, with a series of increasing fees for some money transfers beginning next month.

At the moment Venmo users who have identified themselves as a business have to pay a 1.9% + 10 cents transfer fee for any money sent to them.

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Venmo is introducing new fees, and you're not going to like them was written by the awesome team at Android Police.

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