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Venmo adds scheduled payments and requests

Venmo adds payment scheduling and requests. This can be done as a one-time payment or in regular intervals.

People can use this toolset to send out one-time payments or requests, or schedule things to go out monthly, weekly or bi-weekly. Users will receive a push notification reminder the day before a payment goes out, just in case the funds aren’t available. Venmo says that 84 percent of consumers use peer-to-peer payment services to handle stuff like rent, utilities and other living expenses.

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