Venmo is a great platform for sending and receiving money, ranking close to PayPal in popularity. Whether you need to send money to a friend or pay for services directly on a website, you can do so here. However, accidents may happen, and you may accidentally send a payment to the wrong person, got scammed, or simply need a refund.
Although it might seem complicated at first – especially for first-time Venmo users – the money return process is not rocket science. This article will share all there is to know about getting money back to your Venmo account. We’ll also share common pitfalls you may encounter in the process so you’ll know what to expect.
How to Get a Refund in Venmo if You Were Scammed
With a platform as popular as Venmo, it’s almost inevitable you’ll encounter scams. There are dozens of scamming methods in circulation, and imposters always seem to find a way to steal other people’s valuable information and money. That’s why you need to be extra careful with each transaction you perform or receive.
However, you may get scammed and wish to get your money back. Unfortunately, if you paid money to an existing Venmo account (scam or not,) it’s impossible to simply cancel your payment. The standard procedure is to send a return request to the account to which you sent funds and wait for them to send the money back.
With scams, however, it’s highly unlikely this scenario will work. Since Venmo doesn’t typically get intervene in disputes involving…