Hello, $3. That was easy. Venmo, you're screwed. Apple Pay Cash is a super simple person-to-person payment system that works exactly where millions of us already live our lives: text messaging.

Just as Apple launched its own attack on Venmo with iMessage payments, so did the banks. The bank-approved peer-to-peer payment tool Zelle went live Monday morning in most mobile banking apps.

Apple Cash charges no fee and gives you cash back. How much does Venmo charge for using a credit card? Venmo charges a 3% fee for payments made with a credit card. Additionally, your credit card ...