Venmo's newest feature is supposed to make it easier to split lunch. So, we tested it out.
Venmo just launched receipt scanning, which itemizes bills and calculates fair tax and tip. It makes it a one-stop shop when splitting the bill.
Two Business Insider colleagues tested out Venmo's new receipt scanning feature for splitting lunch costs. This feature allows users to snap or upload a picture of their receipt, itemizing it and calculating tax and tip proportions owed by each person. It's especially helpful for younger generations who rarely carry cash and often disagree on how much they owe each other.
After testing the feature, it accurately transcribed the total from the photo, and calculated the correct portion of tax and tip owed. However, the repayment process took some time, as one colleague had to directly ask another to see the request.
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