Is Venmo Safe? How to Protect Yourself and Your Funds

There's never been a more convenient time to send someone money - or to receive it. But as with everything else in the age of connectivity, heightened convenience can come with heightened risk. While apps such as Venmo, PayPal, Zelle and Cash App can make person-to-person payments seem straightforward and delightfully instantaneous, they also put you at risk to common payment scams and schemes, should you be careless enough to interact with them.

Venmo's ubiquity and easy interface make it especially easy to use in social settings - perhaps to reimburse a friend for covering the cost of dinner or ...