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Reply to "So people will be taxed on venmo and zelle transactions?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Revolut which has 25 million customers and does free transfers is exempt from the rule. Technically they are not a payment processing company so rule does not apply. Use them, pretty much everyone on Earth under 30 uses them. Venmo and Zelle are for old people. I mean really really old like over 29. [/quote] You mean it's for clueless broke kids who think that crypto is their retirement plan.[/quote] Look up Revolut. It is a Super App. It is in 30 countries with 25 million customers. I like no fees. I can go to ATM anywhere is world fee free and lowest FX rates in world, plus pays interest. They are rolling out more stuff. It is great splitting bill. In Europe they got a POS reader where 4 people out at dinner can split bills four ways with out you taking card out of wallet or pulling out your phone. It’s wild. Their <18 card is possible. They are even going to in 2025 roll out same day mortgages in the App! That one I think is crazy [/quote]
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