But it was the hot payments app for quite some time.

Venmo hasnt changed much in recent years though and feels like its seen better days.

Thats changing somewhat today with theannouncementof one-time and recurring payment scheduling.

Venmo is adding the ability to schedule payments.

Venmo is adding the ability to schedule payments.Justin Sullivan / Getty

Or vice-versa your roommate could pull your half of the rent each month on the 30th.

The point is that its set-it-and-forget-it, between people who already use Venmo.

The company says its been a highly requested feature.

Multiple screenshots of the Venmo app showing the new ability to schedule one-time or recurring payments.

Source: Venmo

Scheduled payments and requests can be set to occur once, weekly, biweekly, or monthly.

Before anyone says itsure, crypto could have done all of this already.

Were not having that conversation.

US National Security Advisor Mike Waltz

News from the future, delivered to your present.

Matt Gaetz speaks during the Republican National Convention session at Fiserv Forum on July 17, 2024, in Milwaukee.

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