
To cancel Venmo and close your account for good, you'll need to follow a few steps, starting with logging into your account and navigating to the Account Settings page.
You can access this page by tapping the menu icon in the top left corner of the screen, then selecting "Account" and finally clicking on "Account Settings" from the dropdown menu.
From here, you'll see a list of options, including the ability to deactivate your account, which will temporarily disable your account and remove your name and profile picture from the app.
To permanently close your account, you'll need to click the "Permanently Close Account" option, which will prompt you to confirm that you want to delete your account and all associated data.
Before You Cancel
Before you cancel your Venmo account, make sure you back up your data and transfer any remaining money from your Venmo balance. This is crucial because once you delete your profile, you won't be able to access your funds, and they won't be automatically credited to your bank account or returned to users who sent money to your deactivated account.
You should also ensure that all pending transactions are completed, and consider keeping a record of your transactions, as this can help you in case of any issues with your money or financial data in the future.
If you have a personal and a business account on Venmo, deactivating one will also close the other, so you need to take care of the safety of all information that may be lost if one of the linked profiles is deleted.
Things to Remember Before Closing
Before you cancel your Venmo account, it's essential to back up your data and transfer any remaining money from your Venmo balance. If you don't, you won't be able to access your funds once your profile is deleted.
Make sure all your pending transactions for sending or receiving payments are completed before deactivating your account. This includes any transactions that may be in progress.
If you have a Venmo credit card, you must close it before making a deletion request. The system won't allow you to close your account if your credit card remains active or has a balance.

Users with Venmo debit cards and Teen accounts must ensure they remove any lingering money within those areas. These account elements immediately cancel when you request a deletion.
Cancelling a personal Venmo account will also close your business profile if you have one. However, you can cancel your business profile while keeping your personal account, but you'll need to contact Venmo to do that.
Any funds remaining in your account at the time of closing can only be retrieved by contacting Venmo.
Guided Steps
To close your Venmo account, go to the settings menu and choose the option at the bottom that says "Close my Venmo account".
Click "Next" and review your profile's latest statement.
Confirm the profile's deactivation and click "Close account" again.
You'll receive an email from the Venmo team informing you that your account has been permanently closed, verifying that your profile has been successfully deactivated.
Closing Your Account
To close your Venmo account, go to the settings menu and choose the option "Close my Venmo account". This will guide you through the deactivation process.

You'll need to review your profile's latest statement and confirm the deactivation. This ensures you're aware of any outstanding transactions or balances.
If you have a Venmo credit card, you must close it before making a deletion request. This is because the system won't allow you to close your account if the credit card remains active or has a balance.
On the other hand, users with Venmo debit cards and Teen accounts don't need to cancel before making a request. However, you should ensure you remove any lingering money within those areas to avoid any issues.
After reviewing your profile's latest statement, confirm the deactivation and click "Close account" again. This will permanently close your Venmo profile.
To verify that your account has been successfully deactivated, review the email from the Venmo team informing you that your account has been permanently closed. This email serves as confirmation that your account is no longer active.
Contacting Support

If you've accidentally sent money to the wrong person on Venmo, contacting their support team might be your best bet. You can reach out to them through their Help Center at https://help.venmo.com/hc/en-us.
It's essential to have all the necessary information on hand to expedite the process, including the payment amount, date, and the username of the person you mistakenly paid. This will help Venmo support assist you more efficiently.
If you still don't receive the money, you can contact Venmo for support, though they don't guarantee that your money will be returned. To do so, tap the three horizontal bars in the upper-right corner.
You can choose to contact Venmo support through email or chat, or even find a phone number to call by selecting "Check Our Hours" in the menu. It's best to be prepared with the necessary information to avoid any complications.
Deletion Process
To initiate the deletion process, you'll need to move any remaining funds to another account. This is a crucial step, as you won't be able to access your Venmo funds once the account is deleted.
The Venmo system must also finish any pending transactions before the account can be deleted. This ensures that all financial activities are resolved before the account is dissolved.
You'll have up to 180 days to recover your account before it's deleted entirely, so don't worry if you need some extra time to gather your belongings.
Permanently Delete My
To permanently delete your Venmo account, you'll need to have an applicable password. Unfortunately, you can't request to cancel your account without one.
Users who have an applicable password can delete their Venmo account from a computer browser or a phone app, whichever is more convenient for them.
What Does Deletion Do to My Data?
Deletion of a Venmo account is a permanent process that requires users to take a few steps before the system can delete everything associated with the account. Users must move their funds to another account.
The system must finish any pending transactions before the deletion can be completed. This ensures that all financial obligations are settled before the account is deleted.

Users will also lose their Venmo entitlements, including Teen Accounts and debit cards, once the account is deleted. However, those with a Venmo credit card must close the card before deletion can occur.
Users have up to 180 days to recover their account before the system dissolves it entirely. This gives them a window of time to reactivate their account if needed.
On a Phone
To delete your Venmo account on a phone, start by signing in to the Venmo app if prompted.
You'll then be directed to a page with a few options, and you should tap the last one, "Close Venmo Account", to continue the process.
Business?
If you're a business owner looking to cancel your Venmo account, you're in luck - you can delete your business account without affecting your personal account.
You can delete a business account by contacting Support to get clearance from officials. This is a necessary step to ensure that your business profile and data are properly handled.
Deleting a business account impacts the business profile and the personal account, but the personal account remains active.
You'll lose access to data associated with that profile, including business profiles that can't be reanimated after they're dissolved.
Frequently Asked Questions
How do I cancel a Venmo payment?
To cancel a Venmo payment, go to the Me tab in your app and tap Take Back under the transaction in question. This will initiate the cancellation process, which you can then complete in the app.
Sources
- https://rates.fm/payment-systems/how-to-delete-your-venmo-account-a-step-by-step-guide/
- https://www.geeksforgeeks.org/how-to-cancel-a-payment-on-venmo/
- https://www.idstrong.com/how-to-delete/venmo-account/
- https://screenrant.com/close-venmo-account-app-website-privacy-how/
- https://money.yahoo.com/cancel-venmo-payment-paid-inactive-232643055.html
Featured Images: pexels.com