Get all your news in one place.
100's of premium titles.
One app.
Start reading
Budget and the Bees
Budget and the Bees
Latrice Perez

Why You Should Never Send Money on Cash App or Venmo—Even to Friends and Family

send money on cash app or venmo
Image source: 123rf.com

In our hyper-connected world, peer-to-peer payment apps like Cash App and Venmo feel like a necessity. Splitting a dinner bill or paying a friend back for concert tickets has never been easier. The transaction is instant, simple, and feels totally safe. But this convenience comes with a hidden danger that most people overlook.

The truth is, these platforms were not designed to be as secure as a traditional bank. They lack the robust protections you take for granted. Sending money on Cash App or Venmo, even to people you trust, exposes you to risks you might not be aware of. Here’s why you should think twice before hitting that “send” button.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.