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
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"you shall be deemed to have received payment from your buyer, (b) your buyer's obligation to you in connection with such payment shall be satisfied in full, (c) any claim you have for such payment against your buyer shall be extinguishedExcerpt from Venmo's User Agreement
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The clause states: “you shall be deemed to have received payment from your buyer, (b) your buyer's obligation to you in connection with such payment shall be satisfied in full, (c) any claim you have for such payment against your buyer shall be extinguished”
ConductAtlas has identified this type of provision across 289 platforms. See the full comparison.
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