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Venmo is owned by PayPal. You were probably thinking of Zelle, a similar service owned by several banks. Many of the banks that own Zelle have it built into th
by tzs 3y ago
Venmo is owned by PayPal. You were probably thinking of Zelle, a similar service owned by several banks.
Many of the banks that own Zelle have it built into their banking apps, so if you use one of those you may have Zelle access without any extra credential entering.
- FireBeyond 3y agoI am philosophically opposed to ever using Zelle. The banks behind Zelle openly stated in Zelle's planning that one of the motivations behind it was liability shifting, away from the banks, on to consumers. Other benefits to the consumer are just to make the platform more appealing.
- xyzelement 3y agoWhat kind of liability can we be talking about here?
- FireBeyond 3y agoAgainst fraudulent transactions.