2 ms·

I've heard so many stories of people sending money by P2P in Venmo and having pretty much zero recourse. There's fraud protection for merchant accounts but send

I've heard so many stories of people sending money by P2P in Venmo and having pretty much zero recourse. There's fraud protection for merchant accounts but sending cash P2P between normal user accounts there's pretty much no protections. Read up all the stories of people sending money to the wrong Venmo user and support not being any help about it.

tlogan 2y ago
Venmo is excellent in detecting fraudsters - people in business stealing money. However if you make a mistake and send money to a user which is some random house keeper or baby sitter then oh well…