Payment not going through is a pretty common thing when using the mobile banking app. Often, this can be pretty frustrating when you need transactions to go urgently. You wouldn’t want to do a double transaction so you would be looking for ways to know if your Venmo payment went through.
If you are looking for ways to confirm if your Venmo payment went through, well, we got you covered. We are going to be telling you how to know if your Venmo payment went through. We are also going to be talking about other things relating to Venmo payment and a lot more.
How Do I Know if My Venmo Payment Went Through?
It is pretty easy to know if the payment or transactions you did through your account on Venmo went through. Below is a list of methods to confirm the payment.
This is the first method you can use to confirm if the payment you made on your account went through. If you do a payment, you are supposed to receive a notification that the payment was successful.
Also, if any amount of money enters your account, you are supposed to see a notification on the app telling you that you have received a certain amount of money from a certain person. Notifications are the first method to confirm if your payment went through.
If you do not get any notification on the payment or transaction, you can then move to the second method listed below.
- Transaction History
This is the second method you can use to confirm if the payment you made on your account went through or not. You can simply go through the transaction history to confirm if your transaction went through. Simply follow the steps below to check your transaction history.
- Go to the Venmo website. This is because you cannot check your personal transaction history on your app.
- Click on statement
- Click on <click here to view>
Once you do the above, you have the option of viewing or downloading your transaction history. You can click on download and your transaction history will be sent to your mail. Once you do this, you can check your transactions to know if the payments you made went through.
You should know that you can only do this once a month. You cannot view or check your transaction history on Venmo more than once a month as it is against their company policy.
If you do not want to use the method because you would not like to wait for a month before having access o check if a transaction went through, you can simply follow the method below.
- Log into your Venmo on the app
- Tap on <you> tab. You can do this by clicking the person’s profile picture.
- Once you do this, you will see your transaction displayed on the personal transaction feed.
- If you see a red notification on your transaction feed, it simply means you have successfully sent a certain amount of money. On the other hand, if you see green on your transaction feed, it means a certain amount of money has successfully entered your account.
Why Is Venmo Payment Not Showing in the Bank Account?
One problem a lot of people tend to complain about is the Venmo payment not showing in their bank account. Below is a list of possible reasons why your Venmo payment isn’t showing in your bank account.
- You Haven’t Transferred to your Bank Account
This is one common reason why your Venmo payment isn’t showing up in your bank account. Most of the time, when people get a credit notification, they usually do the mistake of assuming the payment would automatically reflect on their bank account.
If you get a credit alert on your Venmo, you need to manually move the money to your bank account. This is pretty easy to do as all you need to do is to click on transfer and click the bank and you are good to go. Check if you have moved the money from your Venmo to your bank account once you notice that the money isn’t showing in your bank account.
- Mode of Transfer
This is another reason why your Venmo payment isn’t showing in your bank account. Most of the time, the type of transfer method you use will decide if the money enters your bank account in an instant or after a while.
If you do a standard deposit transfer, you might have to wait for a couple of days, usually as long as 3 to 5 days before the money enters your bank account. This mode of the deposit is usually free. On the other hand, if you do an instant transfer, the money will be transferred to the bank immediately for a 1.5 percent fee of the total transfer.
Check the mode of transfer used as it could be a reason why the Venmo payment hasn’t entered your account.
- Venmo Server Problems
One thing that is common among financial institutions is the fact that they tend to come down with server problems often. While Venmo hardly has server issues, you should still know that they can have, however rarely it might be.
If you try a transfer when they are having server issues, the money might take a while before it gets into your bank account. Server issues might be a reason why your money isn’t reflected in your bank account.
- Bank Issues
This is another pretty common thing. Often, many people who complain about payments not reflecting on their accounts are usually down with bank issues. You need to check if your bank is having any server issues anytime you make a transfer through your Venmo and it doesn’t reflect on your account.
Apart from server issues, you need to take your time and check if you are having any issues with your bank. If you are having any account issues with your bank, there is a pretty big probability that any money sent to your bank account wouldn’t go through.
- Venmo Flags
This is another thing that could be responsible for the transfers not showing in your bank account. If your account is flagged for any reason or issues relating to fraud, there is a pretty big probability that any transfer you do through the Venmo account will not reflect in your bank account.
Check the terms and policies to ensure your account doesn’t get flagged for anything fraudulent activities. If it is, you might have to contact Venmo themselves to resolve the issue.
Why Is My Venmo Saying Payment Pending?
Payment pending is a pretty normal thing if you send money to any of your friends on Venmo and they aren’t verified. If their account isn’t verified, your account will be debited by will show a pending notification. This means that Venmo is waiting for your friend to verify their account before the pending changes to successful.
Sometimes, all they need to verify their account is just a phone number or an email. Verification can however take up to 2 to 5 days. During this while, the transaction status will continue to show pending till the verification is successful.
MORE ON VENMO:
There are two methods you can use to confirm if your Venmo payment went through, these methods have been discussed in the article. We have also talked about reasons is showing pending despite the money being removed from your account already.
Read through the article to understand all of these and more.