Cash App, Venmo, PayPal not required to be insured, why you need to move your money
If you use payment apps to store money like Cash App, Venmo, or PayPal, consumer watchdogs urger you to move your funds to an insured bank account because these apps are not required to be insured. FOX 26 Consumer Reporter Heather Sullivan tells us more about why that is.
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Cash App, Venmo, PayPal not required to be insured, why you need to move your money

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