Probably due to the paypal horror stories; note that Paypal acquired Venmo in their Braintree acquisition: https://techcrunch.com/2014/02/19/venmo-now-lets-you-

Probably due to the paypal horror stories; note that Paypal acquired Venmo in their Braintree acquisition: https://techcrunch.com/2014/02/19/venmo-now-lets-you-find-and-pay-other-nearby-venmo-users/ https://techcrunch.com/2014/02/19/venmo-now-lets-you-find-an...