Terrible security and fraud risk!
Recently involved in a situation where a fraudulent $1100 transaction was withdrawn. Venmo customer service was non-existent and noncooperative while attempting to collect information the bank needed. The bank acknowledges that Venmo is a high risk and that they often deal with fraud for users of this app. Venmo is an identity theft/fraud risk until Venmo’s introduces better security.
RoxieRoad about
Venmo, v7.10.0