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Venmo Considers Making it Harder to See What Other People Are Buying, Report Says (bloomberg.com)

Tap on the Venmo app on your phone, and chances are you'll greeted with a running list of payments made from one person to another for anything from brunch bills to rent payments. But the real-time ticker of strangers' spending habits could soon go away. From a report: In recent weeks, executives at PayPal, the parent company of Venmo, were weighing whether to remove the option to post and view public transactions, said a person familiar with the deliberations. It's unclear if those discussions are still ongoing, and regardless of the outcome, payments between friends would still be visible on the home feed, said the person, who asked not to be identified because the discussions are private. "Venmo is always evaluating what's best for our customers," a PayPal spokesman wrote in an emailed statement. "The safety and privacy of Venmo users and their information is always a top priority, and we do a number of things to keep our users informed and help them protect and control their privacy."

32 comments

  1. What a thought privacy does matters by Anonymous Coward · · Score: 0

    Even though we ignore the fine print, we do value our privacy and find target advertising creepy. All basic questions executives should ask, how woukd I feel if....

    1. Re:What a thought privacy does matters by Anonymous Coward · · Score: 0

      Trump's taxes are going to be public record shortly, so we'll finally get to peek under his skirt and see how much Vlad actually owns of his punk ass.

    2. Re:What a thought privacy does matters by Penguinisto · · Score: 3, Interesting

      I'm still wondering who in the unholy hell would even *want* to broadcast what they spend money on...

      --
      Quo usque tandem abutere, Nimbus, patientia nostra?
    3. Re:What a thought privacy does matters by Anonymous Coward · · Score: 0

      "What money? Donald just really likes me, ok?" -Vladimir

    4. Re:What a thought privacy does matters by tlhIngan · · Score: 4, Insightful

      I'm still wondering who in the unholy hell would even *want* to broadcast what they spend money on...

      Get with the times, we live in a braggart economy. If you aren't bragging on social media, you're nobody.

      After all, most of the posts are "Check out my new XXXX" or "Look where we are on vacation" or these days "Back to school - check out my new outfits/computer/tablet/etc"

      Venmo is simply an extension of that.

      It's a very vain world out there.

    5. Re:What a thought privacy does matters by Anonymous Coward · · Score: 0

      Bigly, like this world has never seen!

    6. Re:What a thought privacy does matters by Anonymous Coward · · Score: 0

      It's a very vain world for those who are not rich trying to look like they are.

      Those who are truly rich (in money and / or life) rarely post on social media if they even have an account.

      Those who are poor in life post constantly on social media. It's a glowing sign they are either suffering from depression or they are a chronic asshole, narcissist. And skin color doesn't matter either, white, black, orange.

    7. Re:What a thought privacy does matters by Anonymous Coward · · Score: 0

      It's more a symbol of the outsized value we as society place on money, own ownership and having and showing off. This greed has always been a sin, not because "god" disapproves but because it causes problems on Earth.

      People like Trump are simply representative of a moronic head-in-ass culture of hedonism pervasive in our society. He's only popular because of it, he has no redeeming value. It's an embodiment of "greed = good" Ayn Rand crap.
      Gordon Gecko doesn't give a fuck if the factory closes, he's got a Ferrari. This creates a society of a few assholes with Ferraris and a lot of people out of work wondering why. Gordon Gecko needs to be dealt with.

    8. Re:What a thought privacy does matters by rtb61 · · Score: 1

      Basically, every single poseur fuckwit on the planet. Who wants to read it, basically every single poseur fuckwit on the planet. People, with no taste, people with no mind, people who are unabashedly selfish and greedy, people who scream continuously for attention, basically arse holes. So VENMO the arse hole network, join and you will be shat on for not paying enough for worthless poseur rubbish. VENMO we care about our customers, probably a good idea, nobody else in the right mind would ;D.

      --
      Chaos - everything, everywhere, everywhen
    9. Re:What a thought privacy does matters by Anonymous Coward · · Score: 0

      Narcissism is amazing for sales! It means that people will constantly keep buying stuff so that they can be seen as better than the people around them. Especially considering its much easier to buy something to be better than work at something, thus reinforcing our consumerism.

      Then people have the gall to wonder why there is so much strife in todays world, so much pain and suffering and even better they wonder how people like Trump, Putin and all the other authoritarian leaders manage to be put in charge.

      The answer is simple, the sentiment of todays society is simply "fuck you, i got mine". There is no longer a balance between the benefit of the group and the benefit of the person, it is all about the person and that is exactly as planned because its easier to sell people crap they dont need if all they do is think about themselves.

  2. The core "public transaction" model of Venmo... by Anonymous Coward · · Score: 0

    ...is retarded. And that's probably offensive to people with learning disabilities, because they wouldn't be stupid enough to come up with a business model where everyone sees all your transactions.

    1. Re:The core "public transaction" model of Venmo... by b0s0z0ku · · Score: 1

      Unless the real customer is a three-letter agency...

  3. Re:I hate Linux kernel developers by Narcocide · · Score: 1

    You're posting to a comment thread about Venmo.

  4. Re: The core "public transaction" model of Venmo.. by Narcocide · · Score: 1

    You can follow him. Try not to let the door hit you in the ass on the way out.

  5. Re: The core "public transaction" model of Venmo.. by b0s0z0ku · · Score: 1

    Better a leftist "SJW" "POS" than a rightist authoritarian ass. I wear your insult as a badge of honor, son.

  6. Re: The core "public transaction" model of Venmo.. by Anonymous Coward · · Score: 0

    Let's make it a threesome, you arrogant piece of shit. It's not like you contribute a damn thing to this site. We'll all leave together and never post again. Deal?

  7. Re: I hate Linux kernel developers by Anonymous Coward · · Score: 0

    And yet both of your posts in this story have been totally off-topic. What exactly have you contributed to this discussion? That's not a rhetorical question; I'm looking for an answer from you.

  8. Re: The core "public transaction" model of Venmo.. by Anonymous Coward · · Score: 0

    No slashdot in Federal prison, Trumpies. You're going to need a more crooked judge than Ellis, lol.

  9. Re: The core "public transaction" model of Venmo.. by Anonymous Coward · · Score: 0

    Implying that SJWs aren't authoritarians. LOL

  10. Re: The core "public transaction" model of Venmo.. by Anonymous Coward · · Score: 0

    Few SJW's ever get in a position of power to be authoritarian, so that's kinda antithetical. If they did they'd right the injustice and... be out of a job? Think harder alt-brainfighters, lol. Your victimstance is unfounded kiddo.

  11. Small Progress Through Settings by PseudoAnon · · Score: 1

    I don't see an option to mandate receiving only "private" payments and to block "public" payments, but I was able to set payments I send to "private" by default in the privacy settings, and that change made the service somewhat less annoying.

    I wish that "private" would be the default payment setting upon first installing the app, but then they would lose what sets them apart from similar services.

  12. Re: The core "public transaction" model of Venmo.. by Anonymous Coward · · Score: 0

    Shitting on white people isn't righting the injustice. It's causing more injustice. We are rapidly approaching a state of affairs where the far right is more likely to correct systemic injustice against oppressed minorities than the far left because the far left is more interested in getting back at Whitey than it is at actually helping anyone.

  13. Hanging Nazi faggots is in the public interest by Anonymous Coward · · Score: 0

    You're so full of nazi cock you open your mouth and Putin's wad comes flying out, seriously get tested for Nazi AIDS you dumb faggot redneck scumbag lol. We're going to hang you for being NAZI SCUM,
    not because you're a dumb white hoe, that's perfectly normal and everyone deals with it. NAZI SCUM has to HANG. Get it straight, Adolf. Alt-reichtards will be murdered one by one or en masse, you choose.

  14. Negative advertisement by Anonymous Coward · · Score: 0

    I didn't know this weird Venmo thing belonged to Paypal, but now I'm really left wanting to not ever use Paypal for anything.

    I might still use it on ebay if I need something there and there's no other option.

  15. IMPERSONATING me? apk by Anonymous Coward · · Score: 0

    Impersonating me? Please - Grow up, get on topic & quit being such a JEALOUS "Lil' Jowie" waste of LIFE "ne'er-do-well" (for your sake).

    APK

    P.S.=> Unbelievable... apk

  16. Re: The core "public transaction" model of Venmo.. by Anonymous Coward · · Score: 0

    No, no it's not. All authoritarians are shit, including you.

  17. For starters ... by Anonymous Coward · · Score: 0

    Don't default the payment to be public. You have to explicitly set to private by default. Just a thought.