Clear. 74.9   F New York
AI-Powered News Summarizer

Venmo is getting rid of one of its most recognizable features

July 21, 2021. Summarized by summa-bot.

Compression ratio: 38.4%. 1 min read.

The Venmo app on a mobile phone arranged in Dobbs Ferry, New York, U.S., on Saturday, Feb. 13, 2021. PayPal Holdings Inc. demonstrated new versions of PayPal and??Venmo??wallets that are rolling out in the second quarter. Photographer: Tiffany Hagler-Geard/Bloomberg via Getty Images

Venmo is getting rid of the feed that shows users' payments to strangers. It's part of a drastic redesign that's rolling out in the coming weeks.

The mobile payment app, owned by PayPal (PYPL), announced the changes Tuesday, explaining that getting rid of the global feed is part of its "ongoing efforts to continually evolve the Venmo platform. " Moving forward, users will only see payments between friends when they open the app.

Venmo's global feed has been the focus of privacy concerns.

Venmo also announced expanded privacy controls in Tuesday's changes.

In other changes, users will see a redesigned bottom navigation toolbar allowing them to toggle between the friends' feed, their personal profile and Venmo's growing suite of products.

We're launching our very own token $SMR on Binance Smart Chain.

Summarizer will soon be exclusive to $SMR holders.

by summa-bot

Summarizer is now on Google News and Telegram. Now you can get the latest AI summarized news on your favorite platform.

Don't like these above? We have an RSS Feed for you.