Of course there are many other reasons for using Venmo too. Venmo , the free peer - to - peer mobile banking app , suffered an outage after the NFL Super Bowl 50 on Sunday 17 February 2016 , which caused users to experience difficulty sending and receiving payments . Venmo ’s customer service team immediately acknowledged the processing issues via Twitter , and the app was functional 24 hours after the game . Although Venmo declined to state what caused the crash , social media speculation among fans suggested that Venmo ’s systems were temporarily overwhelmed by a rush to pay off sporting bets on the game .
Venmo , the free peer - to - peer mobile banking app , suffered an outage after the NFL Super Bowl 50 on Sunday 17 February 2016 , which caused users to experience difficulty sending and receiving payments . Venmo ’s customer service team immediately acknowledged the processing issues via Twitter , and the app was functional 24 hours after the game . Although Venmo declined to state what caused the crash , social media speculation among fans suggested that Venmo ’s systems were temporarily overwhelmed by a rush to pay off sporting bets on the game .