You can now get rewarded for your Taco Bell cravings. Here's how paying with PayPal can score you 20% cash back, for a ...

Don’t store money in Venmo, Cash App or PayPal, regulator says The head of the CFPB is urging consumers to keep their funds in traditional banks and credit unions. June 1, 2023 ...

If you sell goods or services or rent property, and get paid through Venmo, PayPal, Cash App or another payment app, you may have been surprised by a Form 1099-K this year. Skip to content.

Payment apps like PayPal and Venmo might be convenient, but they’re not banks — and a federal financial services watchdog is worried that too many consumers are treating them as such.

To use Venmo, you have to download the Venmo app on your smartphone and create an account. You’ll have to link a payment ...

Government regulators said Thursday that people who keep cash with payment tools like Cash App, PayPal and Venmo are at risk of losing their money in a crisis because the funds are not protected ...

In May 2023, The US Consumer Financial Protection Bureau (CFPB) released a public advisory urging people who keep funds in Cash App, PayPal, Venmo, or other P2P apps to move their funds to bank or ...

If you're a freelancer, business owner or someone who occasionally makes money on the side, you need to know about the new tax reporting requirement for PayPal, Venmo, Cash App and other third ...

Payment apps like PayPal and Venmo might be convenient, but they’re not banks — and a federal financial services watchdog is worried that too many consumers are treating them as such.

How the IRS treats payment apps like Venmo or Cash App has been anything but straightforward in recent years, and some taxpayers may be wondering what they need to declare in 2024.

Neither Cash App, PayPal nor Venmo immediately responded to a request for comment. In 2022 alone, transaction volume across all digital payment app service providers was around $893 billion, the ...

Expect to receive a 1099-K that you'll need to file this tax season if you earned more than $5,000 from Venmo or other third-party apps in 2024. If you're a freelancer, business owner or someone ...