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Send And Receive Cash Gifts Elegantly Online

Send And Receive Cash Gifts Elegantly Online
Financial Services

A new service is making it easier and more acceptable to send cash gifts to friends and family over the internet

Laura Yan
  • 15 june 2016

Tendr is a digital cash giving service that bills itself as the Paperless Post meets Venmo: a less awkward way to send cash gifts for special occasions, complete with specially designed eCards.

Anyone can use Tendr to send or receive cash gifts—and rather than a percentage fee, the service will now charge senders a flat $3 fee to give (Tendr is completely free for the recipient).

Gift givers can send cash gifts accompanied by an illustrated eCard. The artsy, elegant designs are created by Brooklyn-based artists, and are accompanied by custom envelopes. Give givers can link payment to their bank accounts, credit cards or use Venmo, while recipients get an instant notification via email, and can see all their gifts received on one page, with an easy way to shoot back a thank you card.

3SentGift_CardDetailsl.jpg
Founders Jeff Beil and Spencer Bagley came up with the idea for Tendr.com in 2013, after attending a number of special occasions in which cash gifts were in high demand, but the giving process still awkward. Tendr.com launched on Valentine’s Day in 2014 as a cash registry for engaged couples, but has since then expanded to become all occasions. Users can create and customize their own Tendr page, and share the link for friends and family. The $3 fee for givers is cheaper than postage (though it does mean that recipients won’t have a physical memento to tack up on the fridge), and the service adds a tasteful touch to cash gifting—better than an alert on Venmo or an email from PayPal.

10My_Account_GiftsReceived.jpg

Alternatively, of course, gift givers can still find ways to gift physical money—like say, using a Chinese red envelope, or maybe sticking it all in a Pinterest-inspired mason jar.

Tendr

+digital cash giving service
+eCard
+Tendr
+venmo
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