Will Txt 4 Food
We were so psyched to hear that we could pay for our Magic Carpet meal deals by credit card, because seriously, the trek to the Wawa ATM = no fun. But get this: the DP reports today that scores of food carts near campus are now accepting payments by text message.
The system is set up through a service called Venmo started by enterprising Penn grads (duh), whereby you can send a text to a specific number to pay your bill. This sounds cool, but if technical difficulties make the line at Hemo’s any longer or the process of getting a burrito at Don Memo move any slower, we will not be pleased. In addition to Hemo’s and Memo’s, the service is also available at Coup de Taco and Hub Bub.
Anyone tried the system yet? Let us know down below.
Tags: Campus, coup de taco, don memo, food carts, hemo's, hub bub, penn grads, the dp, venmo
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By Big Dog on December 8, 2009 at 9:00 am
This is absurd. I’ve never seen such a cocky article by founders of a company that has literally what…three food trucks as customers?
If they aren’t charging fees to foodcarts, who are they charging? They still are experiencing the fees since I suppose well over 90% of their current customer base is using credit cards and not bank account tie-ins. Way to destroy value for your investors!
The service isn’t confined to simply users paying food trucks for food. It’s also an easy platform for paying your friends back for small debts from the past or for reminding your friends that they owe you money. Anyone with a cell phone can create an account on the site, tie their bank account to the Venmo account, and start transferring funds.