I figure whatever they are trying to achieve probably doesn’t work. Otherwise Cash App would do it. But important decision makers are in too deep to admit they were wrong. Smells of turning the Magic Mouse upside down to charge it.
It is definitely odd. I think it started off as a KYC-kind of check. If there’s some weird, possibly illegal reason you type into the “what is this payment for?” input, I read that someone on behalf of Venmo will contact you to have you explain it further and to investigate if it should lead to the closure of your account.
Engagement. It's part of a dark pattern that triggers that little neuron tie our tendency to compare ourselves to others, a sort of "keeping up with the Joneses" type thing. It is also billed as a free advertising for businesses (e.g. hey, look where your friends shop!) which encourages more businesses to accept Venmo as a payment method.
Anything for the sake of growth or perceived growth, up to and including privacy violations.
If i put your information in a feed, you'll look really stupid when you cry privacy violation down the road as you realize what I've been doing with your information.
laweijfmvo|8 months ago
triceratops|8 months ago
ashdksnndck|8 months ago
layman51|8 months ago
Timothee|8 months ago
0xEF|8 months ago
Anything for the sake of growth or perceived growth, up to and including privacy violations.
libraryatnight|8 months ago