website thubmnail of Venmo
How would you rate Venmo?
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Ohio
1 review
1 helpful vote
Follow Kim W.
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My account is frozen and I just get the run around trying to fix it. I had to go to PayPal to pay people.

Date of experience: December 23, 2022
India
1 review
0 helpful votes
Follow Ayyub S.
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Cool!
May 12, 2020

Its just so simple to transfer money... one of the best apps making the payment process so simple and easy!

Date of experience: May 10, 2020
Minnesota
1 review
5 helpful votes
Follow Matt H.
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Customer service is horrible, and they can't provide the services they offer. Venmo is the definition of a scam.

Date of experience: May 23, 2022
Pennsylvania
32 reviews
86 helpful votes
Follow Tommy R.
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If people don't use PayPal directly... this is a good 2nd option through the PayPal team.

I use them in the "online marketplace"... on occasion.

Date of experience: December 21, 2020
South Carolina
1 review
1 helpful vote
Follow Donna J.
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I set up an account with Venmo for a convenient way to make payments between my siblings. It seemed like a good idea and the first time it was used, it worked like a charm. The second time was not so charmed. I actually made the mistake. I sent a payment not realizing that there were insufficient funds (I failed to transfer the funds into an account set up specifically for companies like Venmo) in the fun money account. Venmo kindly paid the said amount and promptly sent a notice to me letting me know that they had made the payment on my behalf and all I needed to do was to transfer the funds to Venmo. I immediately realized what happened and signed on to correct MY mistake. "The Problem"... the account was frozen so no money could be transferred into the account. How odd that Venmo would freeze an account so that a correction could not be made. It's actually quite backward in someone's logic, even if they do have a PhD. To sum up, the youths who are the customer care team were very polite but hamstringed in their ability to problem solve in this case. While the payment cleared my bank immediately and Venmo has received notification that the funds are on the way, the account is still frozen. My only goal was to DEPOSIT the payment that was due to Venmo and fix my mistake. This needs to be an easier process that does not require three phone conversations and now a poor review. I am writing this so that the young powers that be can fix this glitch.
Timeline:
5/23 Payment was made
5/31 Email sent from Venmo letting me know that I had insufficient funds but they honored the payment
5/31 I logged on immediately to correct my mistake only to find out that the account was frozen
5/31 Spoke with Juanita to clear up the error and had the bank send the funds
6/02 The funds at the bank cleared and transferred them to the Venmo account (slow due to Memorial Day holiday
6/03 Account still frozen. "Maybe by next Tuesday this will be cleared up"

The issue is freezing an account the same day that a customer is notified due to insufficient funds and corrections cannot be made. Odd. Most institutions would have frozen payments out and allowed incoming payments to be made.

Date of experience: June 3, 2022
Texas
3 reviews
15 helpful votes
Follow Jim C.
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Pathetic fraudsters
August 23, 2022

Held my money for days and day... they are worthless somers...

Date of experience: August 23, 2022

Overview

Venmo has a rating of 1.2 stars from 87 reviews, indicating that most customers are generally dissatisfied with their purchases. Reviewers dissatisfied with Venmo most frequently mention customer service, bank account and business days. Venmo ranks 145th among Money Transfer sites.

service
48
value
45
shipping
1
returns
3
quality
47