Venmo · Venmo Privacy Policy · View original document ↗

Transaction Memo Field Data Collection and Use

High severity Unique · 0 of 343 platforms
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Recent governance activity Venmo recorded 6 documented changes in the last 30 days.
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This analysis describes what Venmo's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology

ConductAtlas Analysis

Why it matters (compliance & governance perspective)

The clause defines the scope of transaction data collection as a standard operational practice, establishing which payment metadata the platform systematically captures as part of its service infrastructure.

Consumer impact (what this means for users)

Users' transaction history is recorded with detailed contextual information including merchant names, locations, and descriptions each time they use the payment service. This data collection occurs as an integral part of the payment processing mechanism.

How other platforms handle this

Uber Medium

Background check information. This includes information submitted to Uber, or Uber service providers, during the Driver/Delivery Person application process. Criminal record (where permitted by law)* ... Running background, driving and criminal record (where permitted by law) checks to confirm your i...

Paramount+ Medium

"By clicking 'Next', you are indicating that you have read and agree to the TERMS OF USE AND PRIVACY POLICY"

OpenAI Medium

We automatically collect certain information from your device, including information about your web browser, IP address, time zone, and some of the cookies that are installed on your device. Additionally, as you browse the Service, we collect information about the individual web pages or products th...

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▸ View Original Clause Language DOCUMENT RECORD
"
When you use Venmo to make or receive payments, we collect information about the transaction, including the date, time, and amount of the transaction, the merchant's name and location, a description of the transaction, and the names and profile information of the parties to the transaction.

— Excerpt from Venmo's Venmo Privacy Policy

Applicable regulations

CCPA/CPRA
California, USA
Connecticut Data Privacy Act Amendments
US-CT
CAN-SPAM
United States Federal
FCRA
United States Federal
FTC Act Section 5
United States Federal
GLBA
United States Federal
Indiana Consumer Data Protection Act
US-IN
Kentucky Consumer Data Protection Act
US-KY
TCPA
United States Federal
Universal Opt-Out Mechanism Expansion 2026
US

Provision details

Document information
Document
Venmo Privacy Policy
Entity
Venmo
Document last updated
May 5, 2026
Tracking information
First tracked
April 18, 2026
Last verified
May 12, 2026
Record ID
CA-P-002800
Document ID
CA-D-00112
Evidence Provenance
Source URL
Wayback Machine
Content hash (SHA-256)
979f86236ba2b53263a271e1bb31a0a588f53685f6beddafe32eb3498c4e4bb1
Analysis generated
April 18, 2026 09:42 UTC
Methodology
Evidence
✓ Snapshot stored   ✓ Hash verified
Citation Record
Entity: Venmo
Document: Venmo Privacy Policy
Record ID: CA-P-002800
Captured: 2026-04-18 09:42:16 UTC
SHA-256: 979f86236ba2b532…
URL: https://conductatlas.com/platform/venmo/venmo-privacy-policy/transaction-memo-field-data-collection-and-use/
Accessed: June 19, 2026
Permanent archival reference. Stable identifier suitable for legal filings, compliance documentation, and research citation.
Classification
Severity
High
Categories

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Built from archived source documents, structured governance mappings, and historical version tracking.

Frequently Asked Questions

What does Venmo's Transaction Memo Field Data Collection and Use clause do?

The clause defines the scope of transaction data collection as a standard operational practice, establishing which payment metadata the platform systematically captures as part of its service infrastructure.

How does this clause affect you?

Users' transaction history is recorded with detailed contextual information including merchant names, locations, and descriptions each time they use the payment service. This data collection occurs as an integral part of the payment processing mechanism.

Is ConductAtlas affiliated with Venmo?

No. ConductAtlas is an independent monitoring service. We are not affiliated with, endorsed by, or sponsored by Venmo.