With more than 434 million users and counting, PayPal is an attractive target for scammers. Many online scams that involve payment apps—including Cash App, Venmo, and Zelle—bank on the fact that users ...

In the increasingly crowded market for peer-to-peer payments, Venmo is showing momentum while Cash App has hit a rough patch. Venmo and Cash App are simultaneously competing to gobble up more ...

If you’re handling transactions on more than one platform or payment app, you’ll likely receive multiple 1099-K forms. It’s best practice not to mark Venmo, Cash App or PayPal payments ...

Cash apps are easy to use ... Where if you have it in your pocket or Venmo for a month – it’s the same amount." Only keep small dollar amounts in your P2P account. That way, if you lose ...

You must report this income to the IRS if you received more than $5,000 in payments for goods and services through platforms like Cash App or Venmo during the 2024 tax year. You must report the ...

As use of payment apps has grown in recent years, the Consumer Financial Protection Bureau has issued guidance on best practices to avoid pitfalls. For example, funds stored on Venmo or Cash App ...

Not stolen ones! Each one of them had my name on them, right below the logo of the latest banking app I’d decided to try out: Venmo, Cash App, Chime, Varo, Current, Acorns. For the better part ...