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Venmo/PayPal are unique in that they'll insure an informal purchase agreement between two people neither of which have a merchant agreement with them. Would yo
by jqpabc123 2y ago
Venmo/PayPal are unique in that they'll insure an informal purchase agreement between two people neither of which have a merchant agreement with them.
Would you care to test this? Venmo someone you know $50 and then try to reverse it without their consent. Let me know how it goes.
Venmo makes it incredibly easy to send money to the wrong user tag.
- Spivak 2y agoIf I have the bare minimum of messages between the two of us establishing that I'm buying something from them, what the price is, and I hit the "Turn on For Purchases" button then I will absolutely get my money back. Have done it multiple times. I'm not sure how you took "will protect a purchase agreement" to "will protect a random unspecified transfer."