6/6/23 – Money Stored in Venmo and Other Payment Apps Could Be Vulnerable, Financial Watchdog Warns

Money Stored in Venmo and Other Payment Apps Could Be Vulnerable, Financial Watchdog Warns

June 1, 2023 | newjersey.news12.com

Customers of Venmo, PayPal and CashApp should not store their money with these apps for the

long term because the funds might not be safe during a crisis, the Consumer Financial Protection Bureau warned on Thursday (6/1).

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