PayPal settles U.S. charges over alleged Venmo disclosure failure: FTC

February 27, 2018 by  
Filed under News

WASHINGTON (Reuters) – PayPal Holdings Inc , parent of peer-to-peer payments app Venmo, has settled U.S. charges it failed to give critical disclosures to users regarding privacy and the availability of funds transferred into a Venmo account, the Federal Trade Commission said on Tuesday.

Source: Reuters Business News

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