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1. www.consumerreports.org › digital-payments › theThe Truth About Those Peer-to-Peer Payment Apps

   www.consumerreports.org › digital-payments › the

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   Apr 7, 2022 · By Octavio Blanco. April 07, 2022. Illustration: Ben Wiseman. You’ve probably heard of—or may use—peer-to-peer (P2P) payment methods such as Cash App, Venmo, and Zelle. Typically, these apps are...

   • Apple Cash, Cash App, Venmo, Zelle P2P ... - Consumer Reports

     $75. $100. other. CR Finds Potential Consumer Risks for...

   • Consumer Reports Finds Peer-to-Peer Payment Apps Offer Ease ...

     YONKERS, NY – A new Consumer Reports evaluation of popular...

   • Mobile P2P Payment Services Review - Consumer Reports

     Apple's overall rating was significantly higher than for the...

2. www.consumerreports.org › money › digital-paymentsWhy P2P Payment Apps Aren't as Safe as Credit Cards

   www.consumerreports.org › money › digital-payments

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   Jan 8, 2021 · Consumer Reports explains how to avoid P2P scams. P2P payment apps like CashApp, Venmo, and Zelle may be convenient, but they don’t offer the fraud protection consumers have come to expect.

3. People also ask

   Is Venmo a legit app?

   • Yes, Venmo is a legitimate app. If you make a direct deposit that goes to your balance, that money is FDIC insured. Up to $250,000 is secure per depositor. If you send money to someone else on the app, however, that money is not FDIC insured. How does Venmo work? Venmo is an app that lets you send or receive money.

   Venmo Review 2024 - Business Insider

   www.businessinsider.com/personal-finance/venmo-review

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   Is Venmo a good P2P service?

   • Consumers we interviewed raved about how easy it is to settle a debt, give a gift, or pay rent with P2P services. Some also liked the social aspect of Venmo: Unless you opt out, by default the service's rolling public feed shows the comments and emojis that accompany your payments (though not the cash amount).

   Mobile P2P Payment Services Review - Consumer Reports

   www.consumerreports.org/digital-payments/mobile-p2p-payment-services-review/

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   Does Venmo offer cash back?

   • If you use a Venmo debit or credit card, you'll earn up to 5% cash back on purchases at select retailers. However, there are fees for direct deposits and mobile check deposits, so you may have to earn a significant amount in cash back to cancel out these fees. Venmo is an app for sending money electronically to friends, family, or businesses.

   Venmo Review 2024 - Business Insider

   www.businessinsider.com/personal-finance/venmo-review

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   Does Venmo have a privacy policy?

   • "Venmo users have always had the ability to control their privacy setting before they make a transaction," says Erin Mackey, a spokeswoman for PayPal, which owns Venmo. Users can set default privacy settings in the app for all future payments and limit who can see what they've paid or received in the past, she adds.

   Mobile P2P Payment Services Review - Consumer Reports

   www.consumerreports.org/digital-payments/mobile-p2p-payment-services-review/

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4. www.consumerreports.org › money › digital-paymentsHow to Protect Peer-to-Peer Payments - Consumer Reports

   www.consumerreports.org › money › digital-payments

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   May 25, 2022 · Consumer Reports shows you how to protect your money when using Cash App, PayPal, Venmo, and other P2P payment methods. Fraud is rampant and mistakes happen with peer-to-peer payments.

5. www.businessinsider.com › personal-finance › venmoVenmo Review 2024 - Business Insider

   www.businessinsider.com › personal-finance › venmo

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   Jan 9, 2024 · Insider’s Rating 4.25/5. Fees. no monthly service fee. Annual Percentage Yield (APY) None. Minimum Opening Deposit. $0. Show Pros, Cons, and More. The bottom line: Venmo is a good tool for...

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