Imagine if every time you swiped your credit card your bank assumed you wanted that transaction to be public. That’s what Venmo does, a popular app that lets people send and collect money.
For millions of Venmo users, details of their spending habits are available for anyone to see. Even if you don’t use Venmo, their approach to privacy may impact you. Venmo is a new breed of app that is reshaping how we transfer money, and banks are already racing to create their own versions of the app.
By holding Venmo to account we can help create more incentives for other apps to be more mindful of privacy.
Can you ask Venmo to put our privacy first and make all transactions private by default?