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Researcher discovers Venmo exposes ‘an alarming amount’ of personal data in public API

sudshr47 July 18, 2018

Next time you make a payment on Venmo, beware: almost anyone can track it.

The popular mobile payments app is sharing users’ personal data — including real names, comments sent with the payment, transaction dates, and recipients of the transaction — with the public by default. This information is being exposed through company’s public API, and it can be hidden by adjusting your privacy settings from “Public” to “Private.”

Security researcher Hang Do Thi Duc recently discovered this “alarming amount” of information being leaked by examining the public API. The reason its happening, the researcher suggests, is because the Venmo app’s default settings are set to “Public” for all users. Read more…

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Uber now lets you pay for rides and food via Venmo

sudshr47 July 12, 2018

Uber has teamed up with PayPal-owned Venmo to let people pay for rides and food via UberEATS with the funds in their Venmo account. According to the companies, more than six million payments mentioned Uber in the last year. The integration will also enable people to easily split the cost of food orders and rides […]

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Venmo fare-splitting is coming to the Uber app

sudshr47 July 12, 2018

There’s finally a way to split the check for rides and food in the Uber app — all without paying that extra fee.

On Thursday, the San Francisco-based ride-sharing company announced a partnership with Venmo that integrates the popular payment system into the Uber app. This arrangement sidesteps the current in-app split-ride fee.

“With so many of our riders and eaters already turning to Venmo as a way to pay a friend back for that last ride or meal, we’re proud to have built a seamless, easy-to-use connection between our apps,” Marco Mahrus, Uber’s head of payment partnerships, said in a statement. Read more…

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The Venmo debit card is officially coming to a wallet near you

sudshr47 June 25, 2018

It’s official: Venmo is coming out of your smartphone and into your wallet.
On Monday, the mobile payments app announced the limited release of an actual, physical debit card that users can swipe IRL to pay directly from their Venmo balance. B…

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Venmo officially launches its own MasterCard-branded debit card

sudshr47 June 25, 2018

Venmo today is officially introducing its own debit card in partnership with MasterCard, following beta tests of a Visa-branded debit card last year. The new card will allow Venmo users to pay anywhere MasterCard is accepted in the U.S., and will record transactions to the user’s Venmo account for easy splitting with friends. It can […]

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Venmo is discontinuing web support for payments and more

sudshr47 June 15, 2018

PayPal-owned, peer-to-peer payments app Venmo is ending web support for its service, the company announced in an email to users. The changes, which are beginning to roll out now, will see the Venmo.com website phasing out support for making payments and charging users. In time, users will see even less functionality on the website, the […]

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Zelle forecast to overtake Venmo this year

sudshr47 June 15, 2018

Despite some concerns over its adoption by scammers, new payment service Zelle is shaping up to overtake rival Venmo this year, according to a new forecast from eMarketer. The firm expects Zelle to grow more than 73 percent in 2018, to reach 27.4 million users in the U.S., ahead of Venmo’s 22.9 million. Square Cash […]

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Verizon stealthily launched a startup offering $40-per-month unlimited data, messaging and minutes

sudshr47 May 10, 2018

Earlier this year, Verizon quietly launched a new startup called Visible, offering unlimited data, minutes, and messaging services for the low, low price of $40. To subscribe for the service, users simply download the Visible app (currently available only on iOS) and register. Right now, subscriptions are invitation only and would-be subscribers have to get an […]

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Hallelujah, Grubhub will finally split your check for you

sudshr47 April 17, 2018

Food delivery diehards, the partnership you’ve been waiting for is finally here.
Grubhub, which also owns popular delivery apps Eat24 and Seamless, has announced that diners can now use Venmo to pay for their purchases on all three platforms.&#…

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The FTC settles with Venmo over a series of privacy and security violations

sudshr47 February 27, 2018

The FTC announced today it has settled with PayPal over a complaint about the company’s handling of privacy disclosures in its peer-to-peer payments app Venmo, its lack of disclosure over the speed with which customers could access funds, as well as other issues related to the security and privacy of customer transactions. News that the Federal Trade Commission was looking into… Read More

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French peer-to-peer payment app Lydia adds Apple Pay support

sudshr47 December 5, 2017 Startups

A peer-to-peer payment app that works similarly to Venmo from startup Lydia in France now works with Apple Pay (a feature originally announced in July), making it possible to spend your balance from the app wherever MasterCard and Apple Pay are accepted. It’s a neat use of Apple Pay to make it possible to do mobile payments without requiring that a user have a credit card – and it… Read More