What does a Venmo transaction typically involve
Subject : Business
Question: What does a Venmo transaction typically involve?
A) Transferring money between friends or businesses
B) Sending emails
C) Posting social media updates
D) Making stock market trades
Expert Verified Solution:
The correct answer is:
A) Transferring money between friends or businesses.
Explanation:
A Venmo transaction typically involves transferring money between individuals or businesses. Venmo is a mobile payment service that allows users to send and receive money easily using their smartphones. It is commonly used for splitting bills, paying for services, or transferring money to friends and family.
In contrast:
B) Sending emails is not related to Venmo; it is a separate form of communication.
C) Posting social media updates is also not related to Venmo, as Venmo is primarily for financial transactions.
D) Making stock market trades involves trading financial securities and is not a function provided by Venmo.
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