Venmo

Venmo collects extensive identity, financial, geolocation, biometric (face scan), and device data, including from third parties like data brokers and advertising networks, with limited opt-out for core functions.

From: PRIVACY POLICYBiometric Information - when you consent in the user experience, we collect face scans to authenticate your account and manage fraud and risk...We may also collect the above data from other third parties, including service providers, internet service providers, partners and merchants, credit reporting agencies, government entities, data brokers, data analytics providers, advertising networks, payment networks and financial institutions.

Venmo shares data with affiliates, service providers, payment networks, and in transactions with counterparties, but explicitly states it does not share personal information with third parties for their own marketing purposes.

From: PRIVACY POLICYVenmo does not disclose your personal information with third parties for their promotional or marketing purposes.

Charity profiles must grant Venmo a broad worldwide, sublicensable license to use trademarks and promotional information, which is standard for the promotional feature involved.

From: TERMS OF SERVICEyou hereby grant Venmo and its affiliates a worldwide, non-exclusive, transferable, sublicensable (through multiple tiers), and royalty-free, fully paid-up, right to use and display publicly, during the term of this user agreement, your trademark(s)

Venmo may suspend, limit, or terminate accounts, hold funds for up to 180 days (or longer for legal process), and reserves broad discretion over restricted activities without a defined appeal process for many actions.

From: TERMS OF SERVICEHold money in your Venmo account for up to 180 days if reasonably needed to protect against the risk of liability or if you or any Teen User has have violated our Acceptable Use Policy

The agreement states disputes are resolved by individual arbitration; the excerpt confirms an arbitration provision without detailing opt-out or class-action waiver specifics in this text.

From: TERMS OF SERVICEThe terms include an agreement to resolve disputes by arbitration on an individual basis.

Venmo discloses billing agreements, preauthorized recurring payments, and cancellation procedures requiring advance notice before scheduled transfers, consistent with standard industry practice.

From: TERMS OF SERVICEPreauthorized payments may be cancelled if we receive your request at least 3 Business Days before the date of the next scheduled payment.