Generation Gap: Venmo
Last week I was having dinner in NYC. We were a table of four, and the table next to us, in cramped eating conditions in Koreatown, were two girls whom were in their twenties.
When it was time to get the cheque, we split the bill using cash and card. When it was time for the table next to us to pay the bill? One paid it, and the other said “OK, how much do I have to Venmo you now?”
Generation gap! I don’t even have Venmo. It was also timely to read this New Yorker piece, The Venmo Request: A New Wrinkle In Modern Dating, which apparently suggests that this is also becoming prevalent when it comes to dating! Choice quote: “A guy who seeks recourse through Venmo the morning after is a guy who doesn’t think he got his money’s worth the night before.”
I’m all for going cashless and splitting bills using something like Venmo. That was in effect the promise of the PayPal mobile app. My friends and I still end up using cash, and if its a bigger road trip, bank transfers. It seems that Venmo is currently USA only, but considering Braintree acquired Venmo in 2012, and PayPal got Braintree in 2013, its kind of a shame that its 2016 and they’ve not branched out of the USA.
Splitwise is fairly useful to split things