Provision record
Venmo · Venmo User Agreement · View original document ↗

FDIC Insurance Does Not Cover PayPal Failure

High severity Explicit document language Common · 273 of 352 platforms
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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

Clause Stability Stable

0
Changes
3
Months Monitored
Jul 10, 2026
First Seen
Jul 10, 2026
Last Seen
This clause type exists across 1423 other provisions on other platforms.

How other platforms handle this

Faire Medium

YOU UNDERSTAND THAT FAIRE DOES NOT SCREEN OR INQUIRE INTO THE BACKGROUND OF ANY USERS OF THE SERVICES, NOR DOES FAIRE MAKE ANY ATTEMPT TO VERIFY THE STATEMENTS OF USERS OF THE SERVICES.

Affirm Medium

we do not currently recognize or respond to DNT signals. However, as mentioned above, we do honor legally required browser-based signals such as GPC.

Tinder Medium

Consistent with applicable law, you understand and agree that Tinder may not share information with you regarding your account termination if doing so would potentially impair the safety or privacy of other users.

See all platforms with this clause type →
▸ View Original Clause Language DOCUMENT RECORD
"
FDIC insurance protects against the failure of a Program Bank, not the failure of PayPal, which provides the Venmo service. PayPal is not a bank, does not take deposits and is not FDIC insured.

Excerpt from Venmo's User Agreement

Provision details

Document information
Document
Venmo User Agreement
Entity
Venmo
Document last updated
May 5, 2026
Tracking information
First tracked
July 9, 2026
Last verified
July 9, 2026
Record ID
CA-P-024651
Document ID
CA-D-00113
Evidence Provenance
Source URL
Wayback Machine
Content hash (SHA-256)
3f71469ba50d3f12332c85c012da7b5a3441a2eb6efcb4db4b85ce1d7d7f9c87
Analysis generated
July 9, 2026 05:54 UTC
Methodology
Evidence
✓ Snapshot stored   ✓ Hash verified
Citation Record
Entity: Venmo
Document: Venmo User Agreement
Record ID: CA-P-024651
Captured: 2026-07-09 05:54:40 UTC
SHA-256: 3f71469ba50d3f12…
URL: https://conductatlas.com/platform/venmo/venmo-user-agreement/provision/CA-P-024651/fdic-insurance-does-not-cover-paypal-failure/
Accessed: Aug. 2, 2026
Permanent archival reference. Stable identifier suitable for legal filings, compliance documentation, and research citation.
Classification
Severity
High
Categories

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Frequently Asked Questions

What does Venmo's FDIC Insurance Does Not Cover PayPal Failure clause do?

The clause states: “FDIC insurance protects against the failure of a Program Bank, not the failure of PayPal, which provides the Venmo service. PayPal is not a bank, does not take deposits and is not FDIC insured.”

How many platforms have this type of clause?

ConductAtlas has identified this type of provision across 273 platforms. See the full comparison.

Is ConductAtlas affiliated with Venmo?

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