A peer-to-peer payment service that allows users to send and receive money digitally through a mobile app, often used for splitting bills, paying friends, and making purchases at participating merchants. The platform processes financial transactions and maintains detailed payment histories, making its privacy and user agreement policies critical for understanding how personal financial data is collected, shared, and protected. Given the sensitive nature of financial information and transaction data involved, these policies directly impact user privacy rights and financial security protections.
High — provisions that significantly limit your legal rights, authorize broad data collection, or create material financial exposure. Medium — provisions worth knowing about but with partial protections or limited scope. Low — standard terms with minimal consumer impact.
The 60-day reporting window is a critical consumer protection deadline; the agreement states that failure to report within this period may result in loss of the right to a refund, which has direct fi…
The agreement reserves broad account closure authority to Venmo without requiring a specified cause or advance warning, which could affect access to funds held in a Venmo balance.
The agreement states that virtually all disputes between users and Venmo must go through individual arbitration, which eliminates the option to sue in court or participate in a group lawsuit, and wai…
The terms authorize sharing of personal and financial data with a broad range of entities including marketing partners, which under GLBA requires that users be given an opt-out right for non-affiliat…
The policy authorizes collection of sensitive financial identifiers and transaction content that, in combination, create a detailed profile of a user's financial behavior and relationships.
The Venmo User Agreement is the binding contract that governs account creation, use, and the sending and receiving of money through Venmo's platform. The agreement establishes an individual arbitration requirement …
This document establishes Venmo's data collection, use, and sharing practices for users of its payment platform. Venmo collects name, contact details, bank account and card information, transaction history, device identifiers, …
ConductAtlas tracks 2 Venmo documents including terms of service, privacy policy, and other governance documents. Every document is captured daily with cryptographic verification.
Venmo has made 6 policy changes in the past 12 months across the documents ConductAtlas tracks.
ConductAtlas has classified 20 provisions across Venmo's tracked documents. 6 are rated high severity, 13 medium, and 1 low.
Yes. Monitor subscribers ($19/month) can add Venmo to their watchlist and receive same-day email alerts whenever any tracked document changes.