2. Wear the right suit. You still have to wear a suit to a semi-formal event -- just remember to avoid the tuxedo. For daytime events, wear a light suit that is usually cream or tan, a stroller or a director's coat, or a jacket in black or dark gray wool. For nighttime events, wear a dark charcoal or a midnight blue suit.
In the U.S., thatâs the status quo. At Bank of America, mobile payments take at least one business day to process. SnapCash, SnapChatâs new payment system powered by Square, completes transactions in one or two business days; cashing out on Venmo takes the same amount of time. With Google Wallet, it takes three or four.
Venmoâs decision whether to charge or not to charge boils down to the fact that it costs Venmo significantly more to process payments from credit cards (and debit cards issued by smaller banks): 1 to 3 percent of the transaction value. Major debit cards, on the other hand, levy a flat fee, around $0.20 per transaction.