Venmo is a popular peer-to-peer payment platform that allows users to easily send and receive money electronically. Venmo Payment Pending typically occurs when a payment is in the process of being processed, verified, or authorized. This can happen for various reasons, including security checks, insufficient funds, or technical issues. Venmo payments can be pending for various reasons, and here are seven common ones:

Insufficient Funds: If the sender’s Venmo balance or linked bank account doesn’t have enough funds to cover the payment, it will be pending until the necessary funds are available. Bank Verification: If you recently added or changed your bank account on Venmo, the payment might be pending until the bank account is verified, which can take a few days.

Security Checks: Venmo may occasionally put payments on hold for security reasons. This could happen if there’s suspicious activity on the account or if Venmo’s algorithms flag a transaction as potentially fraudulent.

New Account: If you’re a new Venmo user, your payments might be pending until you build up a history of successful transactions.

Network Issues: Sometimes, network or technical issues can cause payments to get stuck in a pending state.

Frozen Account: If your Venmo account is under review due to violations of Venmo’s terms of service, your payments could be pending until the issue is resolved.

Receiver’s Verification: If the recipient’s Venmo account isn’t fully verified or has restrictions, the payment might be pending until their verification process is complete.

How To Fix A Venmo Payment Pending?

To fix a pending Venmo payment, you can try the following:

Wait: In many cases, pending payments resolve themselves within a few hours or days. This might happen if it’s due to a temporary network issue or bank verification. Contact Support: If you suspect a security check or account issue is causing the delay, you can reach out to Venmo’s customer support for assistance.

Check Funding Source: Ensure that the funding source you’re using for the payment has sufficient funds available.

Verify Accounts: If you recently added or changed your bank account, make sure it’s verified. Similarly, if you’re receiving a payment, ensure your Venmo account is fully verified.

Review Recipient’s Account: If you’re the recipient, check if your account is fully verified and doesn’t have any restrictions.

How To Cancel A Venmo Payment?

Within Venmo App: If the Venmo payment is still pending, you can usually cancel it from the Venmo app by going to the payment details and selecting the option to cancel the payment.

Contact Support: If the payment has gone through but you want to reverse it, you can contact Venmo support. They might be able to assist you in reversing the payment, but this isn’t guaranteed.