Venmo is an established and significantly popular app offering the best money-transfer solution. It is now a top-ranking app for making personal payments while receiving money from other users. Venmo is highly suitable for paying those people who are known and trusted. Though Venmo maintains a user-friendly approach, it might sometimes be overwhelming for you when you don’t know the payment’s status. To assist you in such cases, here, we answer the question, “How do I know if my Venmo payment went through?” Along with the answer, we detail other facts and features of Venmo.
How to Make Payments Through Venmo?
Making payments by using Venmo is quite easy and does not require any technical knowledge or experience. Just follow the below described step-by-step guidelines to pay a recipient by using your Venmo account.
- Log in to your Venmo account.
- Press the “Pay” button.
- Search and select the receiver’s account name.
- Press “Next.”
- Enter the amount you want to send to the payment receiver.
- Press the “Pay” tab.
However, you must memorize your password to make a transaction. The system will ask you for your password for logging in and finalizing the payment. We advise you to write down your password and keep it safely out of the reach of anyone. Not to worry; if you lose your password, the system will send you a code upon request. By using the code, you can reset your password.
How Do I Know If My Venmo Payment Went Through?
To ensure that your Venmo payment is successful, we suggest that you apply at least two methods from the below-described approaches.
1. Check Notifications
The Venmo app is equipped with an effective and functional notification system. Whether you have made or received a payment, it notifies you in real time. In general, the notifications pop up on the screen of the linked device (which can be mobile, laptop, desktop, or tablet).
To maximise notification-related benefits, the Venmo app’s notification tab displays a dot sign if there is any unread notification. To receive Venmo’s notification-related benefits, you must ensure that the notification setting is allowing the display of notifications. Enabling notifications is very easy; all you need to do is –
- Log in to your Venmo account.
- Find the settings tab and press it.
- Under the settings tab, you can see a subtab named “Alerts and Notifications.”
- Inside this subtab, you need to enable notifications.
However, some devices’ settings do not allow notifications. In such cases, you have to customize your device’s notification settings as well. With device and app notifications enabled, if you cannot see notifications, you must contact Venmo’s customer service.
2. Check Account Balance
If you are unsure about your payment’s success, checking your account balance in Venmo is one of the best solutions. Venmo updates the account balance promptly after receiving or paying an amount. If you see that the designated amount of your payment has already been deducted, then the payment is surely done.
Checking account balances in Venmo is easy and comes with a fingertip approach. Below is Venmo’s account balance checking process.
- Log in to your Venmo account through any device.
- Press your profile picture.
- Go to the “Me” tab and press it.
- The balance will be visible.
For checking account balances through devices other than mobile, you need to go to your profile page first, then follow the above-mentioned steps.
3. Check Transaction History
Checking transaction history is another effective strategy to determine payment status, whether it went through or not. Venmo’s transaction history is just like your bank statement. It includes the receiver’s and sender’s information, along with the transaction date, time, amount, and status.
Amazingly, Venmo allows you to download transaction history in CSV format. It stores three years’ data and displays one month’s monetary exchanges in a window. The transaction history checking in your Venmo account is easy. Please follow the below steps.
- Log in to your Venmo account.
- Press the person icon (for window devices, go to the statement in the upper-right corner).
- Find the “Me” tab and press it.
- The transaction history is visible now.
If you see a red-coloured notification on a certain payment, it means the payment has not yet succeeded. If you see “green,” then payment has been completed.
4. Check with Payment Receiver
Venmo is a fully technology-based app that uses the real-time payments network of the “Clearing House.” In the money-exchange process, various technological functionalities are included. If there is any issue, like a server error, ongoing upgradation or maintenance work, out-of-network coverage, etc., you might not get a notification or your balance updated.
In this case, the most reliable option to be sure that your Venmo payment went through is contacting the recipient. If you receive negative feedback from the recipient, we would like to advise you not to make any payment promptly. Usually, the mentioned issues are solved very quickly, and soon after that, the account balance receives updates.
Be patient and use the other three options to check whether your Venmo payment went through or not. By following this strategy, you may avoid double-paying against a single payment requirement.
Alternatives to Venmo
Some other digital wallets provide similar facilities like Venmo. Below is a comprehensive list.
- Cash app.
- Braintree Payments.
All these come with some advantages and disadvantages.
We believe that we have answered your question of “how do I know if my Venmo payment went through” properly. To facilitate some added advantages, we would like to suggest some more. You should consider the fourth option along with one of the other three options to ensure a payment’s success.
Frequently Asked Question
How does Venmo work?
It’s simple and easy. you and your transaction partner need to have Venmo installed and activated by using personal information. It is also essential to add a bank account, credit card, or debit card to your own Venmo account. This added feature allows you to upload and withdraw money.
What are the disadvantages of Venmo?
First of all, money transactions are not FDIC insured, and you are not able to receive interest for money deposits. In addition, another crucial problem is that you cannot use it for selling products without the authorization of Venmo. However, accounts can also be hacked if left without proper cybersecurity and there are fees for check depositing.
What are similar money-transaction solutions like Venmo?
There are several alternatives to Venmo. The most prominent are PayPal, Zelle, Cash App, Stripe, etc.
With over 3 years of financial experience, Hannah Edwards is the senior writer for All Finance Deals. She recommends research-based financial information about Transfer Money, Gift Cards and Banking. Hannah also completed graduation in Accounting from Harvard University.