How To Delete Venmo Account Within 5 Minutes

Learn how to delete Venmo account and your venmo account will be deleted within 10 business days.

Note that you cannot delete your account if you have any pending transactions or a balance.

You will need to transfer your balance to your bank account or refund any pending transactions before you can delete your Venmo account. ( See guide on How to pay with Venmo balance).

Incase you haven’t heard about Venmo and what it’s all about then read till the end.

Venmo, Who They Are?

Venmo is a mobile payment service just like Cash App, Zelle, Chime and PayPal that allows users to send and receive money from each other.

It is owned by PayPal. Venmo is popular among friends and family for splitting bills, paying for shared expenses, and sending gifts. Venmo can also be used to pay merchants who accept it. ( See how to add Venmo to apple wallet).

  • Free peer-to-peer payments: Venmo is free to use for peer-to-peer payments. You can send and receive money from friends and family without any fees. ( Learn How to add money to Venmo).
  • Instant transfers: Venmo offers instant transfers for a fee. This means that the money you send will be available in the recipient’s Venmo balance immediately.
  • Venmo Credit Card: Venmo offers a credit card that can be used to make purchases online and in stores. The Venmo Credit Card offers cashback rewards that can be used to pay for Venmo transactions.
  • Venmo Debit Card: Venmo also offers a debit card that can be used to make purchases online and in stores. The Venmo Debit Card is linked to your Venmo balance, so you can use it to spend money that you have already received through Venmo.
  • Venmo Business: Venmo offers a business account that allows businesses to accept payments from customers. The Venmo Business account includes features such as in-app payments, QR codes, and custom branding.

Apart from that, not all people believe that Venmo is a convenient and easy way to send and receive money which resulted to why we created this article on how to delete Venmo account. ( Also check out how does Venmo make money).

Reasons Why You Might Want To Delete Venmo Account

There are a few reasons why you might want to delete your Venmo account:

1. You no longer use Venmo. If you haven’t used Venmo in a long time, or if you’ve found a different app that you prefer to use for sending and receiving money, you may not need your Venmo account anymore.

2. You’re concerned about security. Venmo has been the target of some security breaches in the past, and if you’re concerned about the security of your personal information, you may want to delete your Venmo account.

3. You’ve had problems with Venmo customer service. If you’ve had problems with Venmo customer service in the past, you may not want to continue using the app.

4. You’re moving to a country where Venmo is not available. Venmo is not available in all countries, so if you’re moving to a country where it’s not available, you’ll need to delete your Venmo account.

It’s important to note that once you delete your Venmo account, it will be permanently deleted within 10 business days.

Venmo will also keep your account information for 18 months after you delete it, in case you need to access it for any reason.

If you are still unsure about whether or not you want to delete your Venmo account, you can always deactivate it instead.

Deactivating your Venmo account will temporarily suspend your account and prevent you from using it.

You can reactivate your account at any time by logging in and following the prompts.

What Happens When You Delete Your Venmo Account?

When you delete your Venmo account, the following things will happen:

  1. Your account will be closed and you will no longer be able to log in.
  2. Any pending transactions will be canceled. ( See reasons why your Venmo payment declined).
  3. Any remaining balance in your account will be forfeited.
  4. Your Venmo history will be deleted, but the other parties involved in your transactions may still be able to see it.
  5. Venmo will keep your account information for 18 months, in case you need to access it for any reason.
  6. You will not be able to create a new Venmo account with the same email address or phone number for 12 months after deleting your account. ( Get offers like Venmo free money).

Here are some things to keep in mind before you delete your Venmo account:

  • Make sure you transfer any remaining balance to your bank account before you delete your account.
  • If you have any pending transactions, you will need to cancel them before you can delete your account.
  • If you have any questions or concerns about deleting your account, you can contact Venmo support.

Steps On How To Delete Venmo Account

How To Delete Venmo Account
How To Delete Venmo Account History

Step 1: Log in to your Venmo account on a web browser.

Step 2: Click on the gear icon in the top right corner of the page.

Step 3: Select “Settings” from the dropdown menu.

Step 4: Click on “Account”.

Step 5: Scroll down to the bottom of the page and click on “Close my Venmo account”.

Step 6: Review your most recent statement and click “Next”.

Step 7: Click “Close account” to confirm.

How To Deactivate Your Venmo Account?

To deactivate your Venmo account, you can follow these steps:

  1. Log in to your Venmo account on a web browser.
  2. Click on the gear icon in the top right corner of the page.
  3. Select “Settings” from the dropdown menu.
  4. Click on “Account”.
  5. Scroll down to the bottom of the page and click on “Deactivate my Venmo account”.
  6. Review your most recent statement and click “Next”.
  7. Click “Deactivate” account” to confirm.

Your Venmo account will be deactivated within 10 business days. You will not be able to use your Venmo account while it is deactivated. However, you can reactivate your account at any time by logging in and following the prompts.

Here are some things to keep in mind when deactivating your Venmo account:

  • You will still have access to your Venmo history for 18 months after you deactivate your account.
  • Venmo will not delete your account information for 18 months after you deactivate it, in case you need to access it for any reason.
  • Venmo may still be able to collect information about your transactions even after you deactivate your account, if the other parties involved in your transactions keep their Venmo accounts.

How To Delete Venmo Business Account

To delete your Venmo business account, you can follow these steps:

  1. Log in to your Venmo account on a web browser.
  2. Click on the gear icon in the top right corner of the page.
  3. Select “Settings” from the dropdown menu.
  4. Click on “Account”.
  5. Scroll down to the bottom of the page and click on “Close my Venmo business account”.
  6. You will be prompted to review your most recent statement. Click on “Next” to continue.
  7. Click on “Close account” to confirm that you want to delete your account.

How To Delete Venmo History?

Unfortunately, it is not possible to delete your Venmo transaction history completely.

Even if you close your Venmo account, the history of your payments will remain in the system. Your transaction history will also remain on the other person’s device.

However, you can make your transaction history private so that only you and the recipient can see it. To do this, follow these steps:

  • Open the Venmo app and log in to your account.
  • Tap the profile icon in the top left corner of the screen
  • Tap “Settings”.
  • Tap “Privacy”.
  • Under “Past Transactions”, tap “Change All to Private”.

This will make all of your past transactions private, as well as any future transactions. Note that you cannot make individual transactions private.

How To Delete Friends On Venmo

To delete a friend on Venmo, you can follow these steps:

  • Open the Venmo app and go to the “Me” tab.
  • Tap on the “Friends” tab.
  • Find the friend you want to delete and tap on their name.
  • Tap on the three dots in the top right corner of their profile.
  • Select “Remove as Friend”.

The friend will be removed from your Venmo friends list and they will no longer be able to see your transactions.

In conclusion: If you are still unsure about whether or not you want to deactivate your Venmo account, you can always delete it instead.

Deleting your Venmo account will permanently remove all of your account information, including your history, transactions, and personal information.

You will not be able to create a new Venmo account with the same email address or phone number for 12 months after deleting your Venmo account.

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