I don't get the point honestly since I also used PayPal for yrs n yrs I really don't get why they launched this one?! I haven't exactly looked into it w/alot if any effort but it's pretty much PayPal but without some options making it even less justification 4 me (yea I'm aware of who owns ya ;) And look, thanks for the free $10 promo but here's the big BUT, finding any place that'll take Venmo currently is alot like looking for my keys in the morning, good luck. Cant transfer$ so u can keep it.