Venmo Limit Per Day – Venmo Daily Transaction Limits

Venmo is a digital wallet that makes it easier for it’s users to transfer cash funds, pay for goods and services digitally in it’s platform.

If you’d like to know how much transaction limit you can perform in a day using venmo then continue reading because in this post I will be telling you everything you need to know about vemno limit per day.

There’s a limit on the amount of cash you can send using venmo and these limit solely depends on the level of account verification your Venmo account has passed through.

You will have a lower weekly spending limit of $299.99 and this limit is extended to transaction with authorized merchants and person to person payment if you’re an unverified user.

Venmo transaction limits (sending and receiving limit) are calculated on weekly basis, therefore if you exhaust your limit for the week, you will have to wait for the next week (7 days count) before you continue with your pending transactions.

Venmo Limit Per Day – Venmo Transaction Limits

Venmo limits the number of payment transactions to authorized merchants to 30 transactions per day.

For unverified users they can only carry out transaction limit of $299.99 per week.

After your identity verification have been completed, you will be eligible for a weekly spending limit of $2,999.99. This weekly limit is extended to online purchases, person to person transaction, purchase using your in-store QR code and purchases made using your venmo debit MasterCard.

To verify your venmo account identity, click on the ☰ button located at the top corner of the venmo app, click on settings and click “Identity Verification”.

Venmo does not limit the amount of cash a customer can receive in his/her venmo account.

 

Venmo Limit Per Day Using Debit Card

There are transaction limit you need to know if you are making use of debit MasterCard or Visacard.

The venmo debit card has it’s limits and this limit is that it can only withdraw $400 per day in an ATM and this limit resets after at exactly 12:00 AM CST.

Summary Of Venmo Sending Limit Per Day After Verification

Once you have successfully completed your verification your overall sending limit will be capped at $6,999.99.

Weekly Rolling Limit On Venmo 

Note that your transaction count is rolls weekly as such a transaction counts against your limit for one week from the time the transaction was carried performed. This simply means that if you make a payment at exactly Wednesday 2:00 AM, that payment will not longer count as your limit at 2:01 AM the next Wednesday.

Venmo retains the right to sole discretion and change of transaction limits.

Conclusion 

Venmo is a  digital and mobile cash sending and receiving platform but when it comes to transactions venmo has limits.

You can equally increase your venmo limit per day by completely verifying your venmo account identity and sending and receiving money counts against your weekly limits.

Once you have noted the following you can use your venmo app seamlessly without any problems.

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