Venmo: Difference between revisions
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Venmo | {{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.</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 /> | |||