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FTC Investigates PayPal’s Venmo

FTC Investigates PayPal’s Venmo

PAYPAL’S P2P PAYMENT service Venmo is under investigation by the Federal Trade Commission. PayPal has acknowledged the situation in an SEC filing: “On March 28th, 2016, we received a Civil Investigative Demand (CID) from the Federal Trade Commission as part of its investigation to determine whether we, through our Venmo service, have been or are [...]

The post FTC Investigates PayPal’s Venmo appeared first on Payments Cards & Mobile.

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