Venmo terms change
Terms of Service change — October 1, 2026
The clause detailing Venmo's crypto services provided by PayPal Digital, Inc. has been removed, including information about its charter and location.
What this means for you. Users may no longer have clarity on the entity providing crypto services through Venmo.
What actually changed
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Removed. This indicates that the specific entity responsible for Venmo's crypto services is no longer mentioned.
Venmo's crypto services are provided by PayPal Digital, Inc. (doing business as Venmo Digital; NMLS ID #: 2610315).
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Removed. The removal of this clause means users lose information about the regulatory status of Venmo Digital.
Venmo Digital is chartered as a limited purpose trust company by the New York State Department of Financial Services to engage in virtual currency business.
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Removed. The physical address of Venmo Digital has been removed, which may affect users seeking to verify the company's legitimacy.
It is located at 117 Barrow St, New York, NY 10014.
The wording
Exact excerpts from the last snapshot compared with the new one.
Removed Venmo's crypto services are provided by PayPal Digital, Inc. (doing business as Venmo Digital; NMLS ID #: 2610315). Venmo Digital is chartered as a limited purpose trust company by the New York State Department of Financial Services to engage in virtual currency business. It is located at 117 Barrow St, New York, NY 10014.
Read the current source document
Automatically generated from a text diff. Not legal advice. Spot something wrong?