With such platforms as PayPal and Venmo, sending money has never been simpler. Venmo seems to have become a fan favorite in recent years due to its user-friendly interface, social interaction capabilities, and other factors.
Peer-to-peer payment platforms can be very useful. However, they also have risks. It may be a good idea to Close Your Venmo Account if you no longer use your business or personal account.
How to Delete Your Venmo Account?
Make sure that you do not have any pending transactions or an existing balance before you close your account. Before you can Delete a Venmo Account, funds must be transferred from your Venmo to your bank account.
These steps are available under your account profile when you want to Delete or close your Venmo personal account.
Steps To Close Your Venmo Account
Me tab: Click on your profile picture or initials to access the Me tab.
Settings: Click the Settings option at the top right corner. It looks almost like a gear.
Account: Under Preferences, open Account.
Close Venmo Account: Choose Close Venmo Account
Confirm: Follow the prompts to confirm that you wish to close your Venmo Account.
You will receive confirmation emails with a copy of your transaction history if your account has been closed successfully.
How to delete your Venmo account on the Computer
Venmo is most commonly used on cell phones. However, Venmo can be closed on a laptop or desktop computer. These are the steps to follow in order to do this.
Register for your Venmo account using your favorite web browser.
Go to Account Settings.
Select Close my Venmo Account.
How to delete your Venmo business profile
Venmo will help you delete your business profile account. Before you delete your business profile, there are some things that you should be aware of.
You can close your business profile and not have to close your personal one.
Venmo will not allow you to activate your business profile again after it has been deactivated.
Venmo doesn't allow you to create a second business profile that is associated with your personal account.
Conclusion
It is easy to delete your Venmo accounts. It is important to know that you can't reactivate your Venmo account once it has been closed. You will need to create a new account and enter your bank information. Although you will receive a copy email of your transaction history, the new account will not have the same transaction history.
FAQ
These are quick answers to some common questions regarding closing Venmo accounts.
Why can't I delete my Venmo account?
If you have an account with a balance, pending transactions, or open cases, your Venmo account may not be closed. Venmo customer service will contact you if you are unsure if you have a balance, pending transactions, or an open case.
You must contact Venmo Help Centre if you want to close a business bank account.
Is it permanent to close a Venmo Account?
Yes. Once you have closed your Venmo personal account, it is impossible to get it back. To use
Venmo again you will need to create a new account and enter your bank account information.
You will be unable to reopen your Venmo business profile if you have closed it.
Is it possible to delete your Venmo account, and create a new one?
If your account has no open cases, you can delete it and create a new one.
You cannot delete a business account profile or reactivate it under the same account. To use another personal account, you would need to create a new business profile.
Can you delete a Venmo account for a deceased person?
Yes, if your role is that of the executor of the estate of the deceased. You have the right to monitor the digital afterlife. These rights include access to the account or phone number.
Can you cancel your Venmo?
Yes. You can cancel or delete your Venmo Account as long as there are no pending transactions and open cases.