Is "VENMO PAYMENT" a legitimate charge?

Yes, "VENMO PAYMENT" is a legitimate charge from Venmo. However, if you didn't sign up for this service, it could be an unauthorized charge — check the dispute section below.

What Is “VENMO PAYMENT” on My Bank Statement?

Short answer: it's Venmo charging you $1–$2,000+.

⚡ Quick Answer

Charge:	VENMO PAYMENT
Service:	Venmo
Amount:	$1–$2,000+/mo
Category:	finance
Legitimate:	✅ Yes (if you signed up)

Also Appears As

VENMO*VENMO CASHOUTVENMO TRANSFERVENMO INC

Why Am I Being Charged?

Venmo peer-to-peer payment or instant transfer fee. Regular bank transfers from Venmo are free but take 1-3 days. Instant transfers have a 1.75% fee (min $0.25, max $25).

Common Reasons for This Charge:

Sent money to someone
Instant transfer to bank ($0.25-$25 fee)
Venmo Debit Card purchase
Venmo Credit Card payment

How to Cancel Venmo

Venmo payments can't be canceled once sent. If sent to the wrong person, request money back through the app.

Don't Recognize This Charge?

Contact Venmo support in the app → Get Help. For unauthorized payments, also notify your bank.

🔍 Find ALL Hidden Charges on Your Statement

If “VENMO PAYMENT” surprised you, there might be more subscriptions hiding on your bank statement. Upload your statement and we'll find every recurring charge — with cancel links for each one.

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See a charge you don't recognize?

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📚 Related Guides

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