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Privacy policy

Venmo

Privacy Statement

D

Risk score

69of 100

In short

  • You agree that Venmo collects sensitive data including precise location, biometric face scans, and your Social Security number.
  • You accept that they retain this information indefinitely and share it with affiliates and merchants.
  • They also use cookies for tracking and can update the privacy policy without specific consent.

What you accept

If you use this site

Everyday words for the material promises and rights you give up. Each line includes a quote from the document.

Fineprint cannot see whether you agreed. This page is posted on their site. Open the original if you need to know how they say it applies.

  1. 01

    You are agreeing to the collection of precise geolocation, biometric face scans, and government IDs like your SSN by Venmo.

    This product

    “Biometric Information - when you consent in the user experience, we collect face scans to authenticate your account... Geolocation Information - information that identifies with reasonable specificity your location...”
  2. 02

    You are agreeing that Venmo may change this privacy statement and make the new version effective immediately upon posting.

    This product

    “If the revised Privacy Statement will be effective as of the published effective date.”
  3. 03

    You are agreeing that Venmo keeps your personal information for as long as needed and for 10 years after your relationship ends.

    This product

    “Personal Information used for the ongoing relationship between you and Venmo is stored for the duration of the relationship plus a period of 10 years, unless we need to keep it longer...”

What it can cost you

Downsides we could quote

Quoted clauses that can affect your privacy, money, or right to go to court — including terms that follow you to other products.

Highest-cost clauses first

High cost

Location or sensitive-data over-collection

You are agreeing to allow Venmo to collect and store your biometric face scans.

“Biometric Information - when you consent in the user experience, we collect face scans to authenticate your account and manage fraud and risk.”

What that means: You surrender biological identity data that cannot be changed if compromised.

The service collects biometric facial scan data, which is highly sensitive personal information, for authentication purposes.

High cost

Location or sensitive-data over-collection

You are agreeing to provide your Social Security number and other government ID verification details.

“Identification Information - your name, street address, email address, date of birth, and Social Security number ("SSN")”

What that means: Your most private identification numbers are held by the company.

Venmo collects government-issued identifiers and financial details, classifying them as sensitive data requiring high security.

High cost

Indefinite retention

You are agreeing to indefinite and post-exit data retention policies.

“Personal Information used for the ongoing relationship between you and Venmo is stored for the duration of the relationship plus a period of 10 years, unless we need to keep it longer...”

What that means: Your history is kept by Venmo for a decade even after you stop using the service.

Data is retained for up to 10 years after account closure and potentially indefinitely for legal or compliance reasons.

Medium cost

Tracking you across apps

You are agreeing that Venmo does not honor your browser's Do Not Track signals.

“We do not respond to DNT signals.”

What that means: Your preference to opt out of tracking is ignored.

The company ignores browser-level Do Not Track requests, continuing to track user activity across their platforms.

Medium cost

Unilateral changes with little or no notice

You are agreeing that future changes to this document take effect upon publication.

“If the revised Privacy Statement will be effective as of the published effective date.”

What that means: Terms change without you having to explicitly re-agree to them.

Venmo can update the privacy policy and make changes effective immediately upon publishing, without needing further user agreement.

Medium cost

Cookie consent that favors Accept

You are agreeing that cookie rejection may block your ability to use certain features.

“Certain Services are only available through the use of Cookies, so if you choose to disable or decline Cookies, your use of certain Services may be limited or not possible.”

What that means: You lose functionality if you refuse cookie tracking.

Rejecting cookies restricts access to parts of the service, forcing users to accept tracking to use the app fully.

If these terms already apply to you

Keep this list. Fineprint cannot undo or cancel something you already agreed to at the company.

We cannot see Agree on their site. With Premium, tap “I accepted these terms” if you already agreed to what Venmo asks.