With Venmo's growing popularity as a money management app, the privacy of its users is more important than anything else. It is rather disappointing that Venmo didn't make this change until after a significant/influential individual was affected, but we'll take it. Related: Venmo Now Lets You Buy, Sell, and Store Cryptocurrencies But on the other, the more pressing issue of security, was promptly ignored. Add friends from contacts on Venmo on your iPhone iOS. Below are the steps to follow to add friends to Venmo from your phone contacts. The trusted Venmo application will automatically add friends if your Contact list is Sync. On one hand, Venmo listened to one of their concerns. There are several ways to add friends on Venmo, and it is very easy if you have their names already in your contacts. It seemed like the company was ignoring all those criticisms, too, seeing as it addressed other concerns first.įor instance, when Visa allowed cryptocurrency payments on its network for the first time, and when PayPal launched Bitcoin and Ethereum payments for US customers, there were cries asking for Venmo to follow suit.Įventually, the app did exactly that, which elicited a mixed response from its users. Contact the BBB at 80 or visit change has been a long time coming, as user privacy was always the biggest concern amongst Venmo users. Marjorie Stephens is president and CEO of the Better Business Bureau serving Northern Indiana. Check out ScamTracker at BBB.org where you will find the “tricks of the trade” that frauds use. Your story can help other consumers avoid similar scams. If you spot a scam, whether you've lost money or not, report it to BBB’s Scam Tracker at BBB.org/ScamTracker and the FTC at. As with many other purchases, using a credit card will help protect you if you don't get the goods or services you paid for. Linking to a debit card or directly to your bank account does not give you that added protection.
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