venmo

[robi]

i know its been discussed in various threads, just hoping to arrange it. what are the basic guidelines to not getting shut down. thnx

[AJK]

i know its been discussed in various threads, just hoping to arrange it. what are the basic guidelines to not getting shut down. thnx

Step one: read those threads
Step two: ask a specific question
Step three: don't get caught.

[robi]

Basically: what are the do's and donts

[Fan of Dan]

Basically: what are the do's and donts

the do's are listen to what AJK just said. the don'ts are don't listen to what AJK just said, lol!

[bubbles]

Basically: what are the do's

Step one: read those threads
Step two: ask a specific question

and donts

Step three: don't get caught.

[PlatinumGuy]

AFAIK only one thread

[gevaldig]

just try to set up an account for yourself and 2nd one to transfer too, wait a few days between opening, depositing, cashing out, and remember don't make huge transfers at ones. use 2 names etc.   

[3ZeroT]

Anyone have experience with closing and re-opening a new account once you hit the 3 CC limit?  That would seem to be the only long term issue for those cashing out gift cards.

[gevaldig]

please elaborate your question

[Fan of Dan]

please elaborate your question

he means that since venmo only allows you to add three cc on lifetime of account the only loophole would be to close your account and start over. Hence the question has anyone tried this.

[gevaldig]

i think 3 cc is the most you could have on your accont at once, but i think you could keep on changing the cc

[YG]

When you give routing and account numbers of a checking account to withdraw money from a venmo account - or an Amazon Payments acocunt for that matter, do they see the name on the bank account, or do they just work with the numbers?

ie, if reuven's name is on the CC and the venmo/AP account that is making the payment, Shimon's name is on the recipient venmo/AP account, but the money is being withdrawn into a checking account with reuvens name, will they see that its in his name?

[gevaldig]

i have no idea,

[bubbles]

i have no idea,

standard forum etiquette is that if you don't know just don't say anything and let someone else pipe up. Imagine if everyone always posted when they didn't know something, If that were the case I think there would be plenty of people who would have many more posts than AsherO 

[Fan of Dan]

standard forum etiquette is that if you don't know just don't say anything and let someone else pipe up. Imagine if everyone always posted when they didn't know something, If that were the case I think there would be plenty of people who would have many more posts than AsherO 

+100000

[TC610]

For Venmo, IIRC, it depends on how you opt to do the bank account verification.
When I tried to verify my bank account using my bank's username/password, I was told that the names on the accounts didn't match.  I then tried to do a verification using the two small deposit method and it worked.
Before you send money, make sure the recipient has a way to withdraw funds out of the account before you transfer funds to it.  Although I suppose if the recipient couldn't withdraw the funds he could just transfer the money back to you.

[YG]

For Venmo, IIRC, it depends on how you opt to do the bank account verification.
When I tried to verify my bank account using my bank's username/password, I was told that the names on the accounts didn't match.  I then tried to do a verification using the two small deposit method and it worked.

perfect. exactly the info i was looking for.
thank you

[PlatinumGuy]

You can't accept venmo funds until youhave a verified bank acct howvere if u send to someone and he doesn't accept it it gets cancelled ur cc is Charged and the money is placed in your own venmo acct then u can withdraw it to ur bank.

[AJK]

You can't accept venmo funds until youhave a verified bank acct howvere if u send to someone and he doesn't accept it it gets cancelled ur cc is Charged and the money is placed in your own venmo acct then u can withdraw it to ur bank.

How long till it gets "cancelled?"

[HelpMe]

How long till it gets "cancelled?"

3.6 - Refused and Refunded Transactions.

When you send money, the recipient is not required to accept it. You agree that you will not hold Venmo liable for any damages resulting from a recipient’s decision not to accept a payment made through the Service. We will return any unclaimed, refunded or denied payment within 30 Days of the date you initiate payment. If a payment is unclaimed, denied or refunded for any reason, we will return the money to your Balance or to the original payment source.