Venmo's whole thing has always been broadcasting transaction details. I have no idea why anyone would want that, and in fact I seriously doubt anyone does want that. Venmo is successful because it makes digital peer-to-peer payments easy, and they are likely mistaking that selling point as evidence that people actually want the "social" aspect of it. I suspect they'd have a lot more users if they removed the public audit trail.
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Venmo's whole thing has always been broadcasting transaction details. I have no idea why anyone would want that, and in fact I seriously doubt anyone does want that. Venmo is successful because it makes digital peer-to-peer payments easy, and they are likely mistaking that selling point as evidence that people actually want the "social" aspect of it. I suspect they'd have a lot more users if they removed the public audit trail.