Venmo lost a lot of cash due to payment fraud

Venmo obviously had an excellent factor for disabling internet payments as well as temporarily shutting down instantaneous loan transfers– it was losing money hand over hand. The Wall Street Journal has obtained documents indicating that the PayPal-owned solution took a.

Original source: https://www.engadget.com/2018/11/26/venmo-losses-blamed-on-payment-fraud/