Like most people, you probably use Venmo to send money to your friends and family. It’s a quick and easy way to pay for things without carrying around any cash or cards.
But did you know that you can also use Venmo to pay for things online? All you need is your Venmo account and a connected debit or credit card.
In this guide, we will talk about how to verify your identity on Venmo so that you can start using it for transactions. We will also discuss some tips and tricks that will help make the KYC process easier for you!
What If I Don’t Verify My Identity?
Venmo has been notifying its users that they need to verify their identity in the Venmo app.
The company has been sending Venmo identity verification emails to its customers that serve as notifications, informing them that they need to verify their identity in the app.
If Venmo cannot verify your identification by the date mentioned in the notification email, you will be unable to pay with your Venmo balance. This is why reading your Venmo confirm identity emails as soon as possible is important.
You may still pay people with a debit card, credit card, or bank account that is linked to your Venmo account.
You simply will be unable to make payments using funds in your Venmo account.
You may have heard the horror stories about how Venmo accounts get frozen. But don’t worry, you can unfreeze your own with a little guidance from us!
How to Verify Your Venmo Account
Venmo is an excellent way to send money back and forth between friends, but it’s also an easy target for scammers looking to get your personal information.
Make sure you only verify your Venmo account via the official mobile app. The Venmo account verification process cannot be done via email or computer.
If you want to use a balance on Venmo, you’ll need to learn how to verify your Venmo account via the app.
Now that you understand the significance of properly verifying your Venmo account, it’s time to learn how to do so.
1. Log In to Your Venmo Account
2. Click on “Settings”
3. Scroll down to the “Security” section and tap “Identity Verification.”
4. Provide and enter your personal information, such as legal name, date of birth, address, government-issued ID, and your Social Security Number.
Once you’ve provided that information, it can take up to three business days for the company to review this additional information.
How Long Does It Take Venmo to Verify Your Account?
It should take a few minutes for Venmo to confirm your information. Therefore, you should complete the Venmo ID verification process the same day.
However, it might take three business days for the company to review this information once it has been provided.
Venmo’s automated identity verification procedure may sometimes fail due to a lack of information or if you have changed either your name or address.
In such a situation, the company will request documentation from you to verify your identity via the app.
It is important to wait until the process is complete. Some users may wonder why Venmo identity verification is not working, it’s just a matter of time before the company finishes reviewing the documents submitted.
Is it Safe to Verify My Identity on Venmo?
When you verify your identity with Venmo, you’re providing some basic information that helps us confirm that you are who you say you are.
Such information you’re providing such as your name, date of birth, and Social Security number is used to prevent fraud.
The company uses a variety of data points to verify identity, and they take security very seriously. All of the information you provide is protected by Venmo’s security measures, which include encryption and physical security measures.
So rest assured that your information is safe when you are confirming your identity on Venmo.
If you have any concerns about Venmo identity verification, feel free to reach out to their customer support team for assistance.