Cash App, Venmo, PayPal not required to be insured, why you need to move your money

Name: Cash App, Venmo, PayPal not required to be insured, why you need to move your money
Uploaded: 2023-06-02T22:44:59Z
Duration: 2 min 10 s
Description: 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.

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.

By Heather Sullivan

Posted June 2, 2023 5:44pm CDT