Apple vs Venmo: whose terms are worse?

You agree to arbitrate any disputes with Apple. This means you can't take them to court, except in small claims court.

Disputes with Venmo will be resolved through arbitration, not in court. You give up your right to a jury trial or class action lawsuit.

You can't sue Apple as part of a class action lawsuit. If you have a dispute, you have to arbitrate or sue individually.

You can't join a class action lawsuit against Venmo; you must resolve disputes individually.

Subscriptions automatically renew until you cancel them. You can cancel at any time, but you need to do it at least 24 hours before your subscription is set to renew.

If you have a dispute with Apple, you agree to submit to arbitration. You must submit your dispute to arbitration within the time limit set by the American Arbitration Association.

Prices for content and services can change at any time. If you've already bought something, the price change won't affect you, but if you're subscribing to a service, the new price will apply when your subscription renews.

Venmo's fees and limits may change, so check the Fees page regularly to avoid surprises.

Apple can change these terms at any time without notice. If they do, your continued use of their services means you agree to the new terms. You should check the terms regularly to see if they've changed.

Venmo can change its terms at any time, with 21 days' notice for changes that reduce your rights or increase your responsibilities. If you don't like the changes, you must close your account before they take effect.

If their outage costs you money, the most you can get back is what you paid them last month. Apple doesn't guarantee their services will be uninterrupted or error-free.

Venmo doesn't guarantee the safety of the money in your account, and you won't earn interest on it.

Apple can terminate your account at any time if you break their rules or if they decide to stop offering a service. If they do, you'll lose access to any content you bought or subscribed to.

You can close your Venmo account at any time, but you must withdraw your money first. You'll still be responsible for any outstanding transactions or debts.

Venmo reviews your account activity, including withdrawals, to check for suspicious or illegal activity. This may delay or block your transactions.

Apple collects technical data from your device, like what kind of device you're using and how you're using their services. They use this data to improve their services and may share it with third parties.

Venmo says it won't use your account information for its own purposes, but the details are unclear.

If you buy a service membership from a reseller, the reseller will share your account info with Apple. Apple may use this info to check if you're eligible for the service.

Venmo can transfer its rights and obligations to another company, which may affect your account.

Venmo should only be used to transact with people you know and trust, especially for goods and services. Using Venmo for transactions with strangers may result in lost money or goods.