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    Venmo

Venmo

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Overview

Venmo has a rating of 1.6 stars from 84 reviews, indicating that most customers are generally dissatisfied with their purchases. Reviewers complaining about Venmo most frequently mention customer service, bank account, and business days problems. Venmo ranks 11th among Money Transfer sites.

  • Service
    46
  • Value
    43
  • Quality
    44
Positive reviews (last 12 months): 0%
Positive
0
Neutral
1
Negative
4
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10
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How would you rate Venmo?
Top Positive Review

“Fine for smaller payments and share expenses with friends”

Rodrigo D.
1/20/18

I use Venmo on a daily basis almost. It's a convenient way to share a bill among friends. It's kind of social media for finances as I can like my friends transactions as well (if they are set to public). I don't like much that PayPal is behind this company but so far it's working smoothly. Yet, I wouldn't recommend to transfer large amounts of money, I limit to around $100, as it isn't bank.

Date of experience: 1/19/18
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Top Critical Review

“Not secure do not use!”

PA A.
5/20/24

Venmo is a haven for scammers and they will not reverse payments for products or services not received. They said you need to purchase additional purchase protection. I did not know this and would recommend using your bank for transfers such as Zelle.

Date of experience: 5/20/24
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Reviews (84)

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customer service (26)
Thumbnail of user paa2
Michigan
17 reviews
28 helpful votes
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May 20th, 2024

Venmo is a haven for scammers and they will not reverse payments for products or services not received. They said you need to purchase additional purchase protection. I did not know this and would recommend using your bank for transfers such as Zelle.

Tip for consumers:
Better avenues for transfer of funds

Service
Value
Quality

Date of experience: May 20, 2024

Thumbnail of user pamelam2203
North Carolina
4 reviews
5 helpful votes
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February 28th, 2024

Thieves.
My, my husband's, and my son's accounts were all frozen. They were trying to set up accounts and immediately got frozen out. I was frozen out after trying to buy crypto. After two weeks, I finally got in, but they are rejecting all attempts to transfer money into Venmo from a bank account I've already used!
This morning, I find that they have frozen my account and won't release any of the money. They are stating that it will be 10-15 DAYS before they contact me.

Tip for consumers:
Please - Do not use Venmo for anything but selling at a farmer's market or crafts fair. Don't put your own money in there!

Products used:
Robinhood

Service
Value
Quality

Date of experience: February 28, 2024

Thumbnail of user markb173
Illinois
10 reviews
38 helpful votes
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January 12th, 2024

So anytime they feel like it, they just steal money from you. Tried to call customer service and got a braindead operator that sounded like she was talking into a tin can with a string running from the back of it. Got nowhere and eventually the call dropped. Just another worthless American Corporation. Do yourself a favor and use a different vendor for the services that Venmo provides.

Service
Value
Quality

Date of experience: January 12, 2024

Thumbnail of user lindam4537
Michigan
1 review
4 helpful votes
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July 29th, 2022
Verified purchase

Venmo froze my account on July 6th due to a security issue (not a payment issue), without any explanation. I immediately called and supplied a photo ID as identity proof. I have tried multiple times (via email, chat or phone) to reach someone of authority that could assist me. They don't offer direct contact to this department. I have waited over 23 days without any contact from Venmo. I cannot find a way to contact this department and am at their mercy at this time with no solution in site. This is a customer service nightmare and just want this to be resolved.

Tip for consumers:
Venmo needs to offer additional customer service options!

Service
Value
Quality

Date of experience: July 29, 2022

Thumbnail of user chrism2600
New Jersey
1 review
5 helpful votes
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June 29th, 2021

I opened a Venmo account, intending to pay someone who wanted to receive payment via Venmo. I'm not a whiz but am reasonably computer literate. I got as far as giving them all my personal info and linking my credit card. I also found the person I wanted to pay. But trying to actually link up with them or make a payment didn't seem to be possible. There were no explanatory notes, drop-down menus or links of any kind regarding how to do this. The "Help" button was no help. I logged out and logged back in, but always got stuck at the same page, which requested that I link up with friends. After spending an hour trying to get someone paid, I gave up. Not impressed. I will be cancelling my Venmo account tomorrow.

Date of experience: June 29, 2021

Thumbnail of user lawrenced563
Michigan
1 review
1 helpful vote
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December 1st, 2022

Venmo is supposed to be speedy transfer of funds? Not if there is a problem. November and December rent payments could not go through. Venmo had no idea why. Have used it previously numerous times. Now my account is cursed! I was contacted sometime in November after my first fiasco that everything was taken care of. Then when I went to send payment December 1 - same thing. What a crock!

Date of experience: December 1, 2022

Thumbnail of user 95harley
Colorado
1 review
0 helpful votes
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December 28th, 2023

I recently had displeasure of working with Venmo over a charge dispute, unfortunately after unsuccessfully disputing the charges venmo kept allowing the vendor to charge my account monthly so I closed my account with venmo

Date of experience: December 28, 2023

Thumbnail of user georget1322
Kansas
1 review
3 helpful votes
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September 8th, 2023

Mediocre taking care of customers! Worst service I have ever seen. Took over 45 days to be able to transfer $1887 to my bank account. Over 50 emails and 15 calls with customer service. I will not be surprised if Venmo run out of business in 2 years.

Service
Value
Quality

Date of experience: September 8, 2023

Thumbnail of user worlddomination89
New York
10 reviews
11 helpful votes
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April 17th, 2023

I had a Venmo debit card and they would constantly charge me "overdraft fees" when there was literally no evidence of an overdraft. I contacted them countless times and received a different nonsensical excuse everytime. I eventually ended up deleting my account after I tried a hundred times to get my money back. This happened at least five times and they stole over two hundred dollars from me. Get a real bank account and stay away from this company.

Service

Date of experience: April 17, 2023

Thumbnail of user lesleyp51
Connecticut
3 reviews
14 helpful votes
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November 22nd, 2023

I wanted to get a cash advance from my Venmo visa. I had to call customer service and create a pin first. Went to an atm and was declined. Went to another bank, declined. Called customer service back and they said to try it now that it was blocked. Tried it again, blocked. 7 calls to customer service in India and nothing was done. I spent literally 3 hours between calls and driving to different banks due to an emergency.
The last person I spoke to, who was rude, told me that specific banks only accept Venmo credit cards. Found out it's any atm that accepts visa. I am paying the card off and I'm done with Venmo for good!

Service
Value
Quality

Date of experience: November 22, 2023

Thumbnail of user sjohnson071509
South Carolina
1 review
1 helpful vote
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November 17th, 2023

If I could leave a negative star review I would. They have frozen my account for no reason. I provided them with all the information they asked for and they do not email me back with any updates or solutions. I called the customer service number to get help Andy they tell me it will take 7 to 10 business days to unfreeze my account. I would not recommend that you use venmo. There customer service will not help you with this issue and they only help through email. I have not received a email with updates or answers to my issue. This company does not know how to help their customers.

Service
Value
Quality

Date of experience: November 17, 2023

Thumbnail of user mauro.schifino
New York
1 review
1 helpful vote
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August 30th, 2023

When not being able to make a payment, after three phone calls, two days in a row, totally over 2 hours and finally getting a supervisor to address why I could not make a payment to someone, I am told it's the system and he really has no reason why! When asking what to do after trying deleting my bank info and reloading, trying different amounts, etc, I am told for the second day in a row to wait 24 hours and try again. When asked it this will resolve the problem, I am told it's "pot luck" if it will work, blaming on the system! When ask for another solution or someone higher to talk to, to both I am told no. Pot Luck! Is this any way for a banking service to work?

Service
Value
Quality

Date of experience: August 30, 2023

Thumbnail of user kathym2151
Arizona
1 review
1 helpful vote
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July 22nd, 2023

My son recently died and I've had people want to send donations. EVERY single person has had difficulty finding me by phone number or email. If they sent a friend request that worked on some of them. I chatted with Venmo this morning and was given a laundry list of things to try, how can some people get through but now I have to share a QR code, change this setting, change that setting, oh, and they can try by your user name. I find this embarrassing, disgusting and unacceptable. It shouldn't be this much work, especially in my time of grief, and more so that they claim how "easy" it is. I have one more person trying to send a donation and if they can't get it to work I am shutting this ridiculous app down and will NEVER use it again.

Value
Quality

Date of experience: July 22, 2023

Thumbnail of user bryank308
Alabama
1 review
4 helpful votes
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July 7th, 2022

This company froze my small business account for verification, once account was verified. Venmo decided to to freeze and keep my money. Every time I tried contacting Venmo to see reason for this decision. I never got reason or explanation. Company then stated just wait 180 days w/o reason. This was truly my first experience with being robbed..

Tip for consumers:
Definitely would of respected the BS Monthly fee route Over just being robbed.

Products used:
Paypal

Date of experience: July 7, 2022

Thumbnail of user hugot59
California
1 review
0 helpful votes
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July 5th, 2023

On May 31, an acquaintance sent me $399 and when I tried to transfer my money to my bank I had trouble opening my account (with a total of $436 because I had money I had never transferred to my bank account) and never had access to it. Venmo froze my account of until they could investigate and every time I called they just gave the story "will contact in 5 to 7 days". Eighteen days later, they closed my account because someone (a scammer) proved to be the owner of my email I had for 15 years! I asked them to reimbursed my money, but every time they said it had to be investigated by a different department! I'm going to sue them in small claims because they have been everything but sincere and honest. It seems the scammer is in their own company! How can they believe what a scammer says? They were played by him/her and Venmo needs to have better a better scammer policy not naive, inefficient investigators! I'll give Venmo a 0( ZERO)!

Service
Value
Quality

Date of experience: July 5, 2023

Thumbnail of user kimberlyc1647
Massachusetts
1 review
4 helpful votes
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June 5th, 2022

I just opened venmo so a friend could send me $25 for cab fare to the er, needless to say they froze my account so I had to take a $1200 ambulance ride. I was in the hospital for 5 days. I still can't access the $25 and Noone will tell me why! Needless to say, I will never use this horrible app again!

Date of experience: June 5, 2022

Thumbnail of user michaelm5522
California
1 review
4 helpful votes
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October 9th, 2020

I have been trying for 3 weeks to get my money returned for 3 Venmo transfers that ended up to the wrong person. Venmo will not correct the error. Why?-because will only correct one miss payment in a 60 day period. Venmo is not available by phone. They won't contact the person paid in error. They won't provide me information so I can contact the person who took 3 of my payment. Does this seem fair? Heck NO!
I suggest you avoid Venmo unless you like being a victim. I am.

Tip for consumers:
DO NOT use Venmo because if there is an error, you the user pay the money and someone else gets the money. Venmo will not correct the mistake.

Products used:
direct bank to bank transfers

Service
Quality

Date of experience: October 9, 2020

Thumbnail of user helenm123
California
97 reviews
171 helpful votes
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June 30th, 2023

I paid someone using Venmo and they never got paid even though all the payment systems are working according to the bank. I paid them again and they put me in debt 1000 for the transaction which is so unscrupulous they should have refused the transaction. I realized that I don't have enough money in the bank account to cover the transaction so they made me owe them the whole amount I was to pay. I contacted the person I was paying and they never received the money at all. Extremely unscrupulous to steal 1000 from someone just because they owe someone else money. Now I am owing 2000 for this month and half is going to thieves.

Tip for consumers:
No.

Products used:
Payment systems to pay someone else money.

Service
Value
Quality

Date of experience: June 30, 2023

Thumbnail of user jenniferm5470
Washington
1 review
3 helpful votes
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July 2nd, 2023

In June over $1000 was stolen from my Venmo account due to my account being compromised. Venmo did absolutely nothing to stop it or help me. Makes me wonder if it might be one of their employees. Andrew Kortina the creator of Venmo cares more about padding his half billion dollar networth than investing a small fraction of that to upgrade their very flawed and, in my experience, ineffective security protocols which make any money held in the platform at an extreme high risk for theft. In addition, their so called customer service clearly has no interest, as a matter of policy, to assist their customers when a security problem exists. As a matter of fact, my own experience I was more or less blamed for transactions that I never approved nor I was aware of them taking place in the middle of the night.

Service
Value
Quality

Date of experience: July 2, 2023

Thumbnail of user leonv65
Georgia
1 review
2 helpful votes
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August 3rd, 2022

Venmo arbitrarily put a one month hold on my money and won't assit in linking my bank account for deposit. Venmo has NO customer service. Over 20 attempts to get help or an explanation. Phone calls are a total waste of time. They tell you to read articles that are not helpful. Chat is a joke. BBB notified. Do not use Venmo if you need your money quickly.

Date of experience: August 3, 2022

Thumbnail of user mattn313
Ohio
1 review
1 helpful vote
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February 16th, 2023

Venmo supports the crook and does NOTHING for the honest person. Crooks are making a great living off your hard-earned money. We made a phone call to the service rep the minute it happened and filed the paperwork right then. We were told to call our bank and stop our payment. We did and now we are in a roundabout email chain that NO ONE will help. Drop and DO NOT use the wasteful company.

Tip for consumers:
DO NOT USE VENMO

Products used:
Nothing took or money

Service
Value
Quality

Date of experience: February 16, 2023

Thumbnail of user kens375
Colorado
105 reviews
65 helpful votes
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June 25th, 2021

I'm a long-time Republic Wireless customer. As such, by definition, my phone number is a mobile number. But not according to Venmo. After I sold an item to someone who wanted to pay by Venmo, I tried to open a Venmo account. But they rejected my application, saying my number was a "landline" number. I tried, repeatedly, to see what evidence I could offer so I could open an account, but they just kept falling back on the landline bit. I can only conclude that they'll let you open an account with SOME carriers' mobile numbers, but not mine.

Tip for consumers:
Why use a payment company that won't accept all possible customers?

Products used:
I didn't - they wouldn't let me.

Date of experience: June 25, 2021

Thumbnail of user brownb57
Illinois
1 review
1 helpful vote
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November 12th, 2022

I worked hard, completed a job for my client, my client sent my $500 payment with Venmo.

I go to instant transfer it, and they denied the transaction. Now, due to their "security protocol" it will take up to 15 F-ING DAYS to get my money….MY MONEY! 15 F-ING DAYS. A business' funds are the lifeblood of the business.

And to make matters worse, you could not understand a thing the reps were saying which caused even more frustration!

I WILL NEVER use this service ever again and tell as many people that care to listen!

I encourage others to do the same!

Service
Value
Quality

Date of experience: November 12, 2022

Thumbnail of user craigaucoin85
Louisiana
1 review
1 helpful vote
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October 5th, 2023

I wouldn't recommend this service to anyone. They permanently suspended my account stating that my activities violated their user agreement, when the only activity I had on there was receiving money 3 times from friends, with 2 of those times being the same person, then transferring that money to my bank account, which according to the user agreement, I have every right to do so. When I contacted them to get more information about this situation, I wasn't really given an explanation.

Products used:
P2P payments

Service
Value
Quality

Date of experience: October 5, 2023

Thumbnail of user tinad694
Texas
1 review
0 helpful votes
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January 28th, 2023

Sent money via VENMO to the wrong person. Immediately realized and did everything I was supposed to do but the jerk wouldn't send the money back. Couldn't cancel once it went through. They did nothing and the person got to keep my $250. Beside just being a dishonest jerk it was 9 days before Xmas. Merry freaking Christmas. What a way to make a living. Just open as many acct. As you can and wait for someone to make a mistake, they won't do anything about it. I will never use them again.

Date of experience: January 28, 2023

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About the business

Venmo is a free digital wallet that lets you make and share payments with friends. You can easily split the bill, cab fare, or much more. Download the iOS or Android app or sign up on Venmo.com today.

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