• Now's your chance win big! Join our community and get entered to win a RTX 2060 GPU, plus more! Join here.

    Meet Stan Dmitriev of SurrogateTV on the Pi Cast TODAY! The show is live August 11th at 2:30 pm ET (7:30 PM BST). Watch live right here!

    Professional PC modder Mike Petereyns joins Scharon on the Tom's Hardware Show live on Thursday, August 13th at 3:00 pm ET (8:00 PM BST). Click here!

Why You Should Make Venmo Payments Private

Status
Not open for further replies.

Godloki

Honorable
Jan 3, 2014
95
0
10,660
6
I feel like the majority of the comments ever left on there are inside jokes. I don't know how seriously people take the commenting...
 

derekullo

Distinguished
If Starbucks ever figured out that I went to Starbucks at least once a week they could ... send me more coupons?

Also it is highly doubtful that the actual items being bought would be listed.

"VenezuelanCarGod1965 sold 10 kilograms of "white powdery" to John Smith, 123 Legal Lane Alabama

or

VenezuelanCarGod1965 recruited John Smith, 123 Legal Lane Alabama for aerial drug smuggling operations in Columbia"

^ Would be hilarious though.
 
G

Guest

Guest
It takes an extra step to retroactively apply the privacy setting.
First change your current privacy setting, then go to Past Transactions (in the settings/privacy section) and do it again.
 

USAFRet

Titan
Moderator
Mar 16, 2013
126,113
4,425
159,940
19,754


Not merely the default, but that is the whole reason behind Venmo.
Buy stuff, transfer money and brag about it.

Yes, some people are that foolish.
 

Kenneth Hans

Reputable
Sep 3, 2014
15
0
4,510
0
After a year of using Venmo to transfer money back and forth with my daughter, I was banned from the app. The only info I was given was I had conducted 'unauthorized activity'. Seriously, our transactions were simple and transparent and the same every time. They would not communicate with me any further to resolve this. Oh well, Apply Pay to save the day.
 

Jeff Fx

Reputable
Jan 2, 2015
329
0
4,780
0


Maybe because social media has taught young people to share everything.
 

hellwig

Distinguished
May 29, 2008
1,743
0
19,860
26


Facebook's problem is convincing advertisers that the information they gather truly reflects the purchasing habits of its users. Venmo is actually showing transactions, places and times you have actually purchased something. Link that with a Facebook ID, and you have an incredible insight into a potential customer.

Imagine showing an ad for a product on a persons Facebook page, and seeing that 30 minutes later they make a related purchase. That's feedback few advertisers get for real-world purchases.

Oh, and anyone thinking Venmo's features are for the users is probably not fully understanding how today's internet works. If the service is free, someone is making money off the information you give them.
 

alan_rave

Prominent
Dec 21, 2017
102
0
680
0
Good luck, Mozilla. Venmo has at least to offer an option - sell your data and get % from $ that Venmo receives from advertisers)
 
Status
Not open for further replies.

ASK THE COMMUNITY