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Venmo has begun testing a redesign of its mobile app that changes the default privacy setting for new users so their payment posts are visible only to friends instead of the public. The company said the update gives users more visibility and control over shared information during onboarding. The redesign will roll out in stages, beginning with a new feed appearance on iOS and Android.
Venmo is testing a redesign of its mobile application that includes a change to default privacy settings. The onboarding process for new users will set posts to be visible only to friends rather than publicly by default. Users who prefer public posts or posts visible only to themselves will be able to select that option during the new onboarding flow.
The preference can also be changed later in the app's settings. An updated screen shown before completing a money transfer will indicate whether the associated post will be private, limited to friends or fully public. The company said the changes are intended to provide users with greater visibility and control over what they share.
A spokesperson told The Verge that it is critical for users to have trust in the Venmo experience.
The redesign is being introduced in stages.
The first change, a new appearance for the feed, will become available gradually to users on iOS and Android over the coming weeks. Later updates will add three new sections to the app. The company has not yet specified during which stage the new default privacy setting and onboarding flow will be implemented. Venmo said it would provide an update after receiving additional information.
The redesign is also intended to position Venmo for expansion beyond its traditional use. The company has historically been known for splitting bills after shared real-life experiences. A spokesperson said the company is now seeking to address a wider range of consumer financial activities, including sending money, spending, saving, borrowing and investing.
The company added that capability shortly afterward.
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