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
Allowing minors to hold Venmo Teen Accounts under parental supervision engages COPPA and state minor privacy protections, and parents should understand what data is collected from their teen's account and how it is used.
Interpretive note: The separate terms governing Venmo Teen Accounts are referenced but not reproduced in the document reviewed, creating uncertainty about the specific data collection and parental consent mechanisms that apply to minor users.
The agreement requires users to resolve disputes with Venmo through binding individual arbitration and waives the right to participate in class action lawsuits, which limits the procedural options available if a dispute arises. The terms also authorize Venmo to share transaction data, bank account details, and personal identifiers with PayPal affiliates, payment processors, fraud prevention services, and marketing partners. You can opt out of the arbitration clause within 30 days of first accepting the agreement by mailing a written opt-out notice to Venmo's legal department at the address specified in the arbitration section.
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Our Products are not directed to children. You must be at least 13 years old to use our Products. If you are under 18, you must have your parent or legal guardian's permission to use our Products and they must read and agree to these Terms on your behalf.
You may not use the Shopify Services to offer, sell, or facilitate the sale of: Firearms and certain weapons: Firearms that are designed to kill or injure others (excluding legitimate retailers who comply with all applicable laws), illegal knives, illegal weapons modifications including silencers, b...
You may not use Runway's tools to create content that promotes, glorifies, or facilitates acts of terrorism, mass violence, or genocide, or that could be used to provide material support to individuals or organizations engaged in such activities.
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"To use the Venmo Services, you must be a legal resident of the United States, be at least 18 years old, and be able to form legally binding contracts. If you are between 13 and 17 years old, you may only use Venmo with a Venmo Teen Account under the supervision of your parent or guardian, subject to separate terms.— Excerpt from Venmo's Venmo User Agreement
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Allowing minors to hold Venmo Teen Accounts under parental supervision engages COPPA and state minor privacy protections, and parents should understand what data is collected from their teen's account and how it is used.
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