UPDATE 1-PayPal settles U.S. charges over alleged Venmo disclosure failure -FTC
26 Feb UPDATE 1-PayPal settles U.S. charges over alleged Venmo disclosure failure -FTC
Posted at 18:19h
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by KMFSLLP
WASHINGTON, Feb 27 (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.
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