secondclaw wrote: torifile wrote:
They are not collecting your bank password. You log in to your bank’s site and they issue an OAUTH token or similar to Venmo to make the connection secure. It’s nothing unusual or sketchy at all.
wuxiekeji wrote:
Venmo has a major flaw IMO -- credit/debit cards charge a 3% fee, and if you try to link a bank account they ask for your bank PASSWORD which I consider extremely unethical. Basically they phish people for bank passwords in return for removing the 3% fee. Seems extremely sketchy to me.
Right, and I emphatically don't trust Plaid or any such services. You should never give your bank password to *anyone* but your bank. If the domain isn't your bank's domain you shouldn't be entering your bank password period.
It's bad enough if they ask for the password themselves, now there's a 3rd party that wants my password? *Hell* no.
Sep 21, 2021 at 01:59 PM
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