Before You Use Venmo and PayPal's New Transfer Feature, Change This Setting

The article discusses a new feature that allows users to transfer money between PayPal and Venmo, two popular digital payment platforms. This capability has been long-awaited, as the platforms have been separate for over a decade. However, the article advises users to change a specific setting before utilizing this new feature. By default, any transfers between the two platforms will be set to "public," meaning the transaction details will be visible to your contacts on both platforms. To maintain privacy, the article recommends users change the setting to "private" or "friends only" before making any transfers. This will ensure that the transaction details are not automatically shared with your entire network. The article emphasizes the importance of reviewing and adjusting these privacy settings to have more control over the visibility of your financial activities on these platforms. This is a critical step to take before taking advantage of the new cross-platform transfer capability.