When you attempt to send funds using Venmo, there are two key reasons why your payment can be blocked or declined: First, your bank or credit/debit card issuer can reject transactions. Just as with any other purchase you try to make from your bank account or using your card, the bank can decline Venmo payments based on its fraud detection policies.
How do I get around a Venmo payment decline?
Using an alternative payment method may be the easiest way to get around a Venmo payment decline. You can try another payment service provider, such as Stripe, Square, or PayPal. That said, declined transactions, held funds, and frozen accounts are common issues across all payment service providers.
What happens if a Venmo payment fails?
Venmo simply gets notice that the transaction failed to process through the ordinary payment rails. You will need to contact your bank directly to troubleshoot declined payments, since the issue stems from their systems and policies.
