I am with @LuckyGuy on this one. I don’t have a Venmo account for the reason that it’s one more thing to keep track of and one more “small risk” as he puts it.
I don’t use a debit card either.
I will use my credit cards for small purchases, not because of getting cash back but if I don’t happen to have a lot of cash in my wallet, and if it’s not convenient to go to the ATM. I only use ATMs from my bank, not ATMs in delis and stores and otehr banks where I may have to pay a fee.
NY Times had an article recently about Venmo and banks not backing up their customers who lose everything. I told the story to a relative who uses Venmo and she said “yes, for those who are stupid enough to give their information to scammers.” I guess if you’re careful, it’s fine for the majority of people, but I am not into gambling so I try not to take chances, if I can avoid it.
If I go out with friends, we pay each other by using cash, or one person puts it on their card and the other hands over cash to the cardholder. Times I’ve been on vacation with friends, we split the costs by alternating who pays for hotel rooms or meals, and if we’re good friends, it kind of evens out in the end, and it doesn’t have to be split down to the penny.