Dropbox vs Venmo: whose terms are worse?

If you have a dispute with Dropbox, you must try to resolve it informally first, and then you'll have to go through individual arbitration. You can't sue Dropbox in court, unless you opt out of arbitration within 30 days.

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 bring a class action lawsuit against Dropbox. If you have a dispute, you'll have to resolve it individually.

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

When you use Dropbox, you give them permission to access, store, and scan your files to provide their services. This includes sharing your data with their affiliates and trusted third parties.

Dropbox says these terms don't give them any rights to your files, but it's not entirely clear what that means.

If you have a paid Dropbox account, it will automatically renew and charge you unless you cancel it.

Dropbox can change the fees for their services, and they'll give you at least 30 days' notice before the change takes effect.

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

Dropbox can change these terms at any time, and the updated terms will be effective no less than 30 days after they notify you.

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 Dropbox's service causes you financial loss, the most you can get back is $20 or 100% of your last payment.

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

Dropbox can terminate or suspend your account at any time, and if they do, you won't be able to access your files.

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.

Dropbox may review your conduct and content to ensure it complies with their policies, and they can terminate your account if it doesn't.

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

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

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.