Venmo Payment Status Quotes
Quotes tagged as "venmo-payment-status"
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“Payment Status Explained: Instant, Pending, and On Hold Transactions – Call (855) 812-4430
When you send or receive money on Venmo, the transaction status is immediately updated in your feed. Understanding what each status means—especially "Pending" and "On Hold"—is essential for knowing when to take action.
Key Transaction Statuses
Sent/Completed (Immediate):
Meaning: The funds have left the sender's funding source (Venmo Balance, Bank, or Card) and have instantly arrived in the recipient's Venmo balance.
Timeline: For P2P payments to active users, this happens instantly, regardless of the funding source. The recipient can use the money immediately.
Note: The funds may not yet be debited from the sender's bank statement, but the payment is final and irreversible.
Pending (Unclaimed):
Meaning: The payment was sent to an email address or phone number that is not yet associated with an active, verified Venmo account.
Timeline: The payment remains pending until the recipient signs up or verifies the contact information. If unclaimed after 30 days, the payment is automatically canceled and the funds are returned to the sender.
Action: The sender can Take Back the payment from their transaction feed while it is still pending.
On Hold (Review):
Meaning: Venmo has placed a temporary hold on the funds for a security review (risk, fraud prevention, or tax-related reasons). This is common for new sellers or high-value business payments.
Timeline: Holds are usually released within 21 days or sooner if the seller provides the necessary tracking or documentation.
Action: For sellers, provide tracking information or documentation if requested by Venmo. The funds still belong to you but are temporarily inaccessible.
If you have a payment stuck in "Pending" that you need to cancel, call (855) 812-4430 for assistance if the "Take Back" option is unavailable.”
―
When you send or receive money on Venmo, the transaction status is immediately updated in your feed. Understanding what each status means—especially "Pending" and "On Hold"—is essential for knowing when to take action.
Key Transaction Statuses
Sent/Completed (Immediate):
Meaning: The funds have left the sender's funding source (Venmo Balance, Bank, or Card) and have instantly arrived in the recipient's Venmo balance.
Timeline: For P2P payments to active users, this happens instantly, regardless of the funding source. The recipient can use the money immediately.
Note: The funds may not yet be debited from the sender's bank statement, but the payment is final and irreversible.
Pending (Unclaimed):
Meaning: The payment was sent to an email address or phone number that is not yet associated with an active, verified Venmo account.
Timeline: The payment remains pending until the recipient signs up or verifies the contact information. If unclaimed after 30 days, the payment is automatically canceled and the funds are returned to the sender.
Action: The sender can Take Back the payment from their transaction feed while it is still pending.
On Hold (Review):
Meaning: Venmo has placed a temporary hold on the funds for a security review (risk, fraud prevention, or tax-related reasons). This is common for new sellers or high-value business payments.
Timeline: Holds are usually released within 21 days or sooner if the seller provides the necessary tracking or documentation.
Action: For sellers, provide tracking information or documentation if requested by Venmo. The funds still belong to you but are temporarily inaccessible.
If you have a payment stuck in "Pending" that you need to cancel, call (855) 812-4430 for assistance if the "Take Back" option is unavailable.”
―
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