Venmo vs Wikimedia Foundation: whose terms are worse?

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

If you have a dispute with Wikimedia related to paid editing, you may be required to participate in a binding mediation.

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

When you contribute to Wikimedia projects, you must license your contributions under a free license, such as CC BY-SA 4.0, so that others can reuse them.

If you have a dispute with Wikimedia, you must bring it to their attention within one year or you will not be able to make a claim. If your dispute is related to paid editing, you may be required to participate in a binding mediation.

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

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.

Wikimedia can change these terms of use at any time, but they will give you at least 30 days' notice.

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

If their outage costs you money, the most you can get back is $1,000. This is the maximum amount that Wikimedia is liable for.

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.

Wikimedia can block your account or access to their services at any time, and this decision is final.

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.

Wikimedia may retain some of your data, but the details of their data retention policies are not clear.

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

Wikimedia may transfer their rights and obligations to another organization, but the implications of this are not clear.

Any disputes with Wikimedia will be dealt with under the laws of California.

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.