Venmo: Difference between revisions

this is new partial entry for Venmo for those who are looking for a Paypal alternative only for find it is the same company.
 
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Venmo is owned by Paypal "We’re owned by PayPal, a global leader in digital payments. We’re proud to be part of the pack." https://venmo.com/about/us/
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"Venmo, which is owned by Paypal  , makes transactions viewable on a public feed by default unless users change preferences to make them visible only to friends or only to the two parties involved in a transaction." https://www.marketwatch.com/story/the-scary-reasons-you-should-make-your-venmo-account-private-2018-07-17
{{InfoboxCompany
|Name=Venmo, LLC|Type=Subsidiary|Founded=2009|Industry=Financial Services|Official Website=https://venmo.com/|Logo=Venmo Logo.svg}}
 
'''[[wikipedia:Venmo|Venmo]]''' is an American mobile payment service aimed at users who wish to split their bills.
 
It is owned by [[Paypal]]:<blockquote>We’re owned by PayPal, a global leader in digital payments. We’re proud to be part of the pack.<ref>{{Cite web|url=https://venmo.com/about/us/|title=Hi. We're Venmo.|work=Venmo|access-date=2025-03-26|archive-url=https://web.archive.org/web/20250317030845/https://venmo.com/about/us/|archive-date=2025-03-17|url-status=live}}</ref></blockquote>
 
==Controversies==
 
===Privacy Concerns===
In a 2018 study, researchers looked at over 200 million public transactions and found that Venmo "shares an enormous quantity of private data about users' lives by default."<ref>{{Cite web |last=Paul |first=Kari |date=22 Jul 2018 |title=The scary reasons you should make your Venmo account private |url=https://www.marketwatch.com/story/the-scary-reasons-you-should-make-your-venmo-account-private-2018-07-17 |url-status=live |access-date=25 Mar 2025 |website=MarketWatch}}</ref> Venmo makes transactions visible on a public feed by default unless users choose to make them only visible to friends or just visible to the two parties involved in a transaction.<ref>{{Cite web |last=Cole |first=Samantha |date=28 Aug 2019 |title=Venmo Is Still Exposing Your Connections to Everyone You Know |url=https://www.vice.com/en/article/venmo-letter-eff-mozilla-public-by-default-settings/ |url-status=live |access-date=25 Mar 2025 |website=Vice}}</ref><ref>{{Cite web |last=Salmon |first=Dan |date=26 Jun 2019 |title=I Scraped Millions of Venmo Payments. Your Data Is at Risk |url=https://www.wired.com/story/i-scraped-millions-of-venmo-payments-your-data-is-at-risk/ |url-status=live |access-date=25 Mar 2025 |website=Wired}}</ref>
 
==References==
<references />
[[Category:Venmo]]