The cellular cost app, owned by PayPal (PYPL)
, introduced the adjustments Tuesday, explaining that getting rid of the worldwide feed is half of its “ongoing efforts to continually evolve the Venmo platform.” Moving ahead, customers will solely see funds between mates once they open the app.
“The Venmo community has grown to more than 70 million customers, so this change allows customers to connect and share meaningful moments and experiences with the people who matter most,” the corporate stated in weblog publish.
Venmo’s world feed has been the main focus of privateness considerations. In 2018, PayPal settled with the Federal Trade Commission
for an undisclosed sum following complaints concerning the app’s privateness controls of their transactions. Despite having some privateness settings, the federal company stated that the app “misled consumers about how those settings work.”
Venmo additionally introduced expanded privateness controls in Tuesday’s adjustments. For instance, customers can even choose in the event that they wish to have their profile to seem on the buddy’s feed or keep hidden.
In different adjustments, customers will see a redesigned backside navigation toolbar permitting them to toggle between the chums’ feed, their private profile and Venmo’s rising suite of merchandise. Venmo recently added crypto support
that lets individuals purchase bitcoin, ethereum, litecoin and bitcoin money for as little as $1.