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 Do payment apps really make life easier? Find out what you must know before you opt for this convenient payment method. Syda Productions / Shutterstock.com

Editor’s Note: This story originally appeared on Living on the Cheap. When you’re out to dinner with a group and it’s time to split the tab, the odds keep getting better that someone is going to say “Let me Venmo you” instead of pulling out their wallet. But while settling a tab between friends is a quick, easy and sensible use of a payment app, there are times when you might want to think twice…

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