She had never had a problem with them until she needed to contact someone with Cash App about a payment that was sent to the wrong account.

Sakala Lewis uses all of the major payment apps to collect money from people when she does babysitting or pet sitting. But if you’re not careful, you could fall for a scam that could drain your bank account in seconds. One of its earliest customers was Venmo, the app used to send cash from a bank account to any third-party (and which has been used to settle more than a few college bar bills).HOUSTON – Peer-to-peer payment apps like Zelle, Venmo and the Cash App are very popular, even more so during the pandemic because you can exchange money without ever handling cash and coins. Plaid works with 9600 banks including Wells Fargo, Citi, and Chase. Investors include Goldman Sachs, NEA and Spark Capital. Its most recent round was a $44 million Series B in June 2016. The company has been around since 2012 and has raised almost $60 million. He says a big part of his company’s approach is building an attractive interface that makes it easier to add Plaid features to an app, and while they’ve tuned this version specifically for enterprise developers, they are still using the same developer-centric approach they have been using in the original product. With less than 24 hours to build an application, developers are able to create rich apps with a variety of functionality, but not all SDKs are created equal, and Perret says that Plaid is trying to gain an edge by simplifying the developer experience. If you’ve ever been to a hackathon, you see how powerful this approach can be. Box does it for content services and Twilio does it for communications, as a few examples. APIs are making it easy for developers to layer a variety of different tools inside an application without having to have the expertise to build it from scratch.

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