When you post notes, profile information, or other content on Venmo, you give Venmo a permanent, royalty-free license to use and display that content for its business purposes.
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
The agreement states that content users submit, including transaction notes which are by default public, is licensed to Venmo on a perpetual basis; users who post identifiable or sensitive content in transaction notes may not be able to retract that license once granted.
Interpretive note: The full scope of 'business operations' for which the content license is granted is not precisely defined in the agreement, creating some ambiguity about permitted uses beyond core service operation.
The updated terms expand the arbitration clause to explicitly state that users agree to resolve 'most disputes by arbitration on an individual basis, a class action waiver, and a jury trial waiver.' The terms note that arbitration involves 'less discovery and appellate review than in court.' Additionally, Venmo's cash back rewards program has been restructured with specific tiered thresholds: users earn 1% baseline cash back, 2% if they spend at least $250 in a month, and 5% if they spend at least $1,500 in a month. Rewards are only applied to qualifying transactions with 'Bundle merchants' and exclude cash advances, gambling, wire transfers, cryptocurrency purchases, and certain financial institution transactions. If you return a purchase or receive a refund after earning cash back, Venmo states it may debit or withhold rewards to offset the amount. You must close your account before any changes become effective if you do not wish to be bound by them.
View change record →The removal of the explicit user content license provision eliminates transparency regarding Venmo's rights to use user-submitted content like payment notes and profile information.
View full change record →Transaction notes, profile descriptions, and other user-generated content submitted to Venmo are subject to a perpetual license granted to Venmo under this provision; because transaction notes on Venmo are public by default, users should be aware that content posted in those notes may be used by Venmo for business purposes beyond the individual transaction.
How other platforms handle this
we may closely review accounts that offer the following services, products, or content: Online trading, day trading tips, and stock market related content
Paid Subscribers can select whether Content is public or private.
If Your Content is prohibited under the laws of any jurisdiction where our Services are available, we may remove it even if it is not illegal in your location.
"By submitting content to Venmo, including payment notes, profile information, or other materials, you grant Venmo a non-exclusive, royalty-free, worldwide, perpetual, irrevocable license to use, copy, modify, display, and distribute that content in connection with the Venmo services and Venmo's business operations.Excerpt from Venmo's User Agreement
1) REGULATORY LANDSCAPE: User content licensing provisions interact with FTC guidelines on endorsements and testimonials if user content is repurposed for marketing.
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The agreement states that content users submit, including transaction notes which are by default public, is licensed to Venmo on a perpetual basis; users who post identifiable or sensitive content in transaction notes may not be able to retract that license once granted.
Transaction notes, profile descriptions, and other user-generated content submitted to Venmo are subject to a perpetual license granted to Venmo under this provision; because transaction notes on Venmo are public by default, users should be aware that content posted in those notes may be used by Venmo for business purposes beyond the individual transaction.
ConductAtlas has identified this type of provision across 262 platforms. See the full comparison.
No. ConductAtlas is an independent monitoring service. We are not affiliated with, endorsed by, or sponsored by Venmo.