The spokesperson did, however, emphasize that users can tweak their app's settings to undo the default sharing. In 2018, a Venmo spokesperson told CNET that "We make it default because it's fun to share with friends in the social world." We asked Venmo why this information is public by default, but a spokesperson did not respond to that question on the record. With Venmo's public-by-default model, those transactions are both part of the public record and used by Venmo for its own ends. Why does that matter? Well, in addition to the oft-cited example of splitting a check with friends at a restaurant, people use Venmo for all kinds of reasons - like buying drugs or donating to aid groups. Unless users actively make a change to their app's settings, their Venmo payments will be open for the world to see. Venmo, purchased (as part of Braintree) by PayPal in 2013, is perhaps most notable for its public-by-default transaction history. What began as a cute story about a forgotten wallet has long since morphed into something less adorable.
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