Venmo announced early Thursday that an issue impacting the payment service had been fixed and it was "back up and running," after users reported trouble sending and receiving money for hours. "We're sorry for the inconvenience and appreciate you bearing with us while our team addressed this," the company said in a post on the social platform X. Downdetector, a website that tracks online outages, showed reports that problems began spiking at about 6:30 p.m. Eastern Standard Time on Wednesday.
The NCAA and online payment service Venmo announced a partnership Tuesday aiming to combat abuse and harassment of college athletes, some of whom have reported receiving unwanted requests for money from losing bettors and solicitation for inside information. The NCAA-Venmo partnership features a dedicated hotline for athletes to report abuse and harassment, education on account security, and increased monitoring. Venmo's security team will monitor social media trends and events during games, such as last-second missed field goals, that have triggered surges in unwanted interactions.