All that says is that Venmo has traction among your immediate peers. If Paypal/Square wallet/Bitcoin had the same traction, the rest of your comment would still be hold.
In fact this is just the second time I've heard about Venmo and I don't care remotely. My peer group is heavily PayPal based and therein lies the issue - fragmentation suddenly becomes painfully obvious when you try to pay someone you've not sent money to before or you go to a new store which has decided to use the new hotness which you've never even heard of.
Sure, but that was really my point: I was just offering a tiny data point on the progress towards the goal that the person I was replying to expressed:
> At this point, I just want one of these pay-with-your-phone solutions to win and be ubiquitous.
I'm not saying this is a clear winner, just that Venmo is well on its way to ubiquity in this market, at least within my demographic/peer group. I'm fairly social, and I try to keep an eye on the tech that people I meet who don't work in tech are using, and Venmo certainly stands out in that regard.
I didn't intend to make any claims about global market penetration. Just pointing out that it has notable tractiom in my market and peer group, and that because of that it had made strides towards the ideal bill-splitting situation outlined above: it is used widely enough that it's a clear default when splitting a bill with a mixed group. Maybe it won't catch on any more widely, but similar apps have been around for a while and never reached the adoption where multiple people in a group would suggest or accept them as payment. It's not actually available outside the US right now, which may be why you haven't heard of it, and which is clearly a big hurdle on the road towards true ubiquity.
