27-02-2018 19:24 via feeds.reuters.com

PayPal settles U.S. charges over alleged Venmo disclosure failure: FTC

WASHINGTON (Reuters) - PayPal Holdings Inc , parent of peer-to-peer payments app Venmo, has settled U.S. charges it failed to give critical disclosures to users regarding privacy and the availability of funds transferred into a Venmo account, the Federal Trade Commission said on Tuesday.
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