Venmo Limit: How Much Can You Send?
Venmo is a popular mobile payment app, making it easy to split bills, send money to friends, or shop at select online stores. But before you start using Venmo for your transactions, it's essential to understand the Venmo limits on how much you can send . Venmo Sending Limits Venmo has weekly rolling limits that determine how much you can send. These limits depend on whether your account is verified or unverified: Unverified Accounts: If you haven't confirmed your identity on Venmo, you'll have a weekly spending limit of $299.99. This encompasses both payments to individuals and authorized merchants. Verified Accounts: Once you verify your identity, your weekly sending limit increases significantly to $60,000. However, individual payments might have lower caps depending on Venmo's security checks. How to Verify Your Venmo Account? Here's how to verify your identity to benefit from the higher sending limits on Venmo : Go to the " Me " tab within the Venmo...