Venmo announced Tuesday a partnership with the NCAA to support athletes faced with harassment on the payment application, which adopted its popularity on university campuses with school brand debit and an option for athletes to receive their school money directly in the Paypal application.
The partnership includes a reporting hotline for athletes and the NCAA to call in potential abuse cases, as when the former quarter of Auburn Payton Thorne said that he had received requests for angry sports bettors after a defeat last season.
“The harassment we see on various online platforms is unacceptable, and we need fans to do better,” said NCAA president Charlie Baker, in a press release. “We applaud Venmo for having acted, and we need more social media companies and online platforms to do the same.”
Venmo said he would provide a guide to best practices to athletes to “stay safe” on his platform.
“VENMO will monitor student-athletes’ accounts on a continuous basis to help reduce an influx of requests according to the performance of the game and work directly with them to implement additional security measures if necessary,” the press release said.
The payment application announced in July the major brand debit cards at 12 with special advantages, leaning on his conviction that Venmo plays “an integral role in the way millions of students, athletes, former students and fans are committed and move money in their daily life”.
“The origins of Venmo are on university campuses. This is where our network is settling in,” said Geoff Seeley, director of marketing of the parent company of Venmo, Paypal, in a press release.
Paypal also announced in June an agreement with the Big 12 and Big Ten which allows schools to pay their players directly via its platform.
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