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Privacy policy

Venmo

Privacy Statement

D

Risk score

57of 100

Open the original (new tab)Company page

In short

  • This privacy statement allows Venmo to collect detailed personal, financial, and location data, including precise coordinates and biometric scans.
  • You permit this information to be shared publicly with other users, linked to third-party services you connect, and retained indefinitely for legal and business purposes.
  • The company may also update these rules without specific notice unless required by law.

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 let Venmo share your name, profile photo, and transaction details with the public or your friends.

    Other companies

    “Public information may also be seen, accessed, reshared or downloaded through Venmo's APIs...”
  2. 02

    You are agreeing to allow Venmo to track your location using GPS, Wi-Fi, or cell site triangulation for fraud and service enhancements.

    This product

    “We will collect this data for fraud and risk purposes... longitude and latitude coordinates obtained through GPS”
  3. 03

    You are agreeing to let Venmo retain your personal information for as long as needed, potentially beyond 10 years after your account 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”
  4. 04

    You are agreeing that Venmo may update this Privacy Statement without meaningful prior notice in most cases.

    This product

    “If the revised version requires notice in accordance with applicable law, we will provide you with 30 days prior notice... otherwise the revised Privacy Statement will be effective as of the published effective date.”

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 provide face scan biometrics for account authentication and fraud prevention.

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

What that means: You agree to provide unique biological identifiers that cannot be changed if compromised.

Venmo collects face scans (biometrics) for authentication, which is sensitive data beyond standard account creation requirements.

High cost

Tracking you across apps

You are agreeing to the collection of precise geolocation data from your device.

“Geolocation Information - information that identifies with reasonable specificity your location by using... GPS, Wi-Fi, or cell site triangulation.”

What that means: Your physical movements and locations are recorded and linked to your account activity.

The document details the collection of precise location data via multiple methods, indicating significant tracking capabilities.

Medium cost

Indefinite retention

You are agreeing to indefinite retention periods that extend significantly past account closure.

“We retain your Personal Information for as long as needed... consistent with applicable law... duration of the relationship plus a period of 10 years”

What that means: Your data remains accessible and usable by Venmo for many years even after you stop using the service.

Data is kept for a minimum of 10 years after the relationship ends, plus any additional time needed for legal or compliance reasons.

Medium cost

Unilateral changes with little or no notice

You are agreeing that Venmo can update this policy with immediate effect upon publication.

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

What that means: You may be bound by new privacy rules without having sufficient time to review or object before they take effect.

Venmo can change the privacy terms immediately upon publishing them on the website/app unless a specific law forces them to give 30 days' notice.

Medium cost

Data sold or shared with third parties

You are agreeing to disclose personal information to partners, merchants, and service providers for business operations.

“we may disclose Personal Information to partners and merchants to enable their use of our Services... subject to the partners’ and merchants’ own privacy policy”

What that means: Your information flows to external businesses and merchants who may then treat it according to their own privacy policies.

While not selling data for money directly in all cases, Venmo shares personal info with partners and merchants for their business purposes, effectively disclosing it for commercial utility within the network.

Lower cost

Children’s data

You are agreeing to data collection practices that apply specifically to users aged 13 to 17.

“In this section we explain how we handle your data if you use a Venmo Teen Account... authorized individual between the ages of 13 and 17 years old”

What that means: Users under 18 have their data collected and managed according to specific teen protocols overseen by an adult.

While under-13 use is barred, the document explicitly describes data practices for users aged 13-17, indicating collection from minors.

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.