Large banks, including J.P. Morgan Chase, are creating a system to reimburse customers who fall victim to scams.
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IRS tells payment apps to report business transactions over $600

Jan 7, 2022
The threshold used to be much higher.
As the number of self-employed workers expands, the IRS is requiring online payment platforms like PayPal to report transactions greater than $600. The threshold used to be $20,000.
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P2P payment apps are booming, thanks to the pandemic

Mar 15, 2021
It can feel safer to send money with a mobile peer-to-peer app. Usage is expected to keep growing after the economy recovers.
Consumers are using peer-to-peer apps for investing and other purposes beyond receiving payments.
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A tale of two payment apps

Apr 26, 2019
Venmo and Zelle look like they should be competitors. But the two payment apps serve very different audiences.
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