There are a few reasons why people close or delete their Venmo accounts. It’s sometimes the best option, especially given the application’s sensitive financial nature.
One of the first and major reasons you might decide to Delete Your Venmo Account is that you no longer find the service useful.
Perhaps you’ve already joined up for another cash app, such as Apple Pay or another PayPal substitute. Most consumers only need one cash app. There’s no reason to keep your account active if this is the case.
Another reason you might wish to deactivate your account is if you no longer make use of it.
Many users merely download the app to try it out and then promptly forget about it. In that scenario, you may choose to close your account to keep your bank information safe.
Steps to Get Started Before Deleting Venmo Account
The procedure of deleting your Venmo account is simple, and you may do it from a computer or a mobile device. However, before you can delete your Venmo account, you must ensure that there are no outstanding transactions and that there is no money in the account. The steps are as follows:
- Look for any transactions that aren’t complete.
Before you delete your account, ensure there are no pending or incomplete transactions. Click the “Incomplete” option on the main page to see if you have any pending transactions.
- Delete the balance on your Venmo account.
Before you delete your Venmo account, double-check that your balance is set to zero. You can either return everything to your bank account or send your remaining balance to other people you owe money.
You will no longer have access to any money in your account after it has been deleted.
Before allowing you to cancel your account, Venmo will ask you to transfer your cash. The process, however, is not automatic and must be started by you.
If you choose the bank transfer option, the balance will be sent to the bank after a few days. Having said that, you may wish to plan and strategies beforehand.
Click the “Transfer Money” button on the home page to transfer your remaining cashback to your bank account.
How to Delete Your Venmo Account: Quick and Easy Steps
Please keep in mind that once you’ve deleted your account, the system will remove everything from your transaction history to your personal information.
Venmo will usually send you an email copy of each transaction, as well as a copy of your final transaction after you close your account.
To further explain, you should have a copy of all of your Venmo transactions, but they will not be in one document.
If an error occurs while trying to delete your account, it means there’s a bug that needs to be resolved. If this surfaces, reach out to Venmo’s customer service team for assistance.
Without further ado, here are the procedures you must follow to permanently remove your Venmo account:
Delete Your Venmo Account via Desktop
You can ultimately deactivate your account when you’ve sent your remaining balance back to your bank account and verified that there are no pending transactions.
This is how to go about it:
- Log into your Venmo account by going to the official Venmo website.
- After getting access to the Venmo account, go to the left-hand menu and click Settings.
- Select “Close My Venmo Account” from the drop-down menu at the bottom of the page.
- If you haven’t yet transferred your remaining money to your bank account, the app will prompt you to do so, as well as check and download your most current statement. To continue with the request, click “Next.”
It’s possible that the transfer will take a few days to complete, and you’ll need to return to the page to close your account.
- A final page will appear, asking you to confirm that you want to close your account. Choose “Close Account” from the drop-down menu.
- Venmo will give you an email confirmation after your account has been cancelled, along with a copy of your final transaction history.
Delete Venmo Account via Mobile
- Sign in to the Venmo app on your mobile phone. On the home page, click the person icon.
- Select the “Settings” tab in the upper-right corner of the page, then “Account” under “Preferences.”
- Click “Close Venmo Account” at the bottom of the page.
How to Delete Someone Else’s Venmo Account
You can even find yourself in a position where you need to close someone else’s Venmo account. After a family member dies, the need for an intermediary generally arises.
Alternatively, at the request of a disabled person or someone who is computer illiterate in some cases.
In either situation, any Venmo accounts that are no longer in use must be closed.
\Due to their financial nature, Venmo accounts are frequently linked to bank accounts, making them appealing to hackers and fraudsters.
The only genuine option to eliminate the risk is to permanently deactivate the account.
Whatever the reason for having to take over on someone else’s behalf, there are two options for cancelling the account.
You can either try to close the person’s account by logging into their account. The alternative will necessitate contacting Venmo to have the account closed for you.
Login Using Their Username and Password
Logging in with their log-in details is the simplest way to close someone’s account. If possible, obtain the person’s username and password before proceeding with the actions outlined above.
If you have access to the email address that they used to sign up for Venmo, you can reset their password to gain access to their account.
Here’s how to do it:
- Enter the email address of the individual whose account you want to remove into the Venmo app or website. Allow the system to send an email by clicking the “Forgot password” button at the bottom of the page.
- Venmo will send you an email with a link that will allow you to reset your account’s password. It’s worth noting that you’ll have to type the password twice.
- You may already go back to the Venmo main page and log in with the freshly reset password once you’ve reset the password.
- Follow the instructions for cancelling a Venmo account as outlined above.
Venmo neither encourages nor discourages users from closing another’s account. That is, as long as they can authenticate their identity and provide a reasonable justification for terminating the account.
If you are unable to log into your loved one’s account using the username and password provided, you should contact Venmo at 855-812-4430 to request that their account be shut off.
Prepare to submit a copy of crucial documents, such as your driver’s license, a handicap card, or a death certificate, to them.
Is it safer to use a desktop or mobile application?
Venmo offers a mobile app and a web-based app, as previously indicated. It is considerably better to use their official website rather than the mobile app when it comes to keeping your account safe. This has to do with security, as mobile apps are more prone to flaws and are easier to hack than websites.
Naturally, having a good antivirus application installed on your computer, as well as a reliable VPN provider like ExpressVPN, would be beneficial.
How Do I Delete Banking Information on Venmo?
You can update your banking information on Venmo at any moment, which normally entails removing your old information and replacing it with your new one. Here’s how to get rid of your financial details:
- Log into your Venmo account using the Venmo app (desktop or mobile).
- Select “Settings” from the Options toolbar on the right-hand side of the main page.
- From the drop-down menu, choose “Payment Methods,” then the bank account or payment data you want to erase.
- By selecting the “Remove Bank” option, you can now delete the bank.
How Do I Delete My Transaction History on Venmo?
Venmo is a fantastic app for sending micropayments to people you know. It may, however, reveal your activities to others due to its social qualities.
It’s worth noting that you can’t remove your Venmo transactions.
You can, however, make them private so that only you and the person with whom you are transacting are aware of the specifics of your transaction.
- After signing into your account, go to “Settings.” This gives you access to the “Privacy” area of your account. Change your settings to keep your transactions private.
- Under the “Future Transactions” tab, select the “Audience” option. Choose from three audiences: the general public, friends, or participants only.
- You can choose who can share transactions involving you from the “Privacy” tab. You have the option of setting it to public or private. Alternatively, you can restrict access to your previous transactions so that only your friends or you can see them.
This concludes our tutorial on how to cancel or delete a Venmo account, whether it’s yours or someone else’s.
Except for the fact that you must empty your balance as well as any pending transactions, the process is pretty simple. Venmo will handle everything else, including your account information and transaction history, with discretion.
You eliminate the risk of cybercriminal intrusion by removing the software you no longer want or need.
You can always regain access to your account with the same credentials if you want to, as you do with other things.