Comment by 0x1ch
15 hours ago
Paypal G&S generally always gets money back if something went wrong on a p2p transaction. I've been scammed once or twice, but I always use G&S and have received my money back in full.
If you don't use that, then you're pretty much screwed with Paypal F&F, Zelle, Cashapp, Venmo etc. At least as far as I'm aware.
Venmo has a g&s equivalent. Not sure about the others
Venmo is owned by PayPal
Yes but they drew a distinction, so I was just clarifying
Venmo banned me for life because I and a friend both signed up a new account to try to send money to each other. The money disappeared, both accounts were locked and they told me I'm never allowed to open a Venmo account again because of my terribly fraudulent money laundering.
JSYK, Venmo and Paypal support a Visa+ Payname (configure it in each app). The Visa+ Payname thing is Visa's attempt to allow cross-app payments but AFAICT only Paypal and Venmo support it....
But if you ever need to send money to a Venmo account from Paypal, or receive money from a Venmo account in Paypal, you can do so with the Visa+ Payname.
I have some friends who are unbanked and banned from a lot of apps, this little work around has saved a few on occasion.