Venmo has become one of the most popular peer-to-peer payment platforms, allowing users to send and receive money with ease. However, like any financial service, Venmo imposes certain limits on transactions. If you’re wondering about the Venmo limit for sending money, how much you can send per day, and how to increase your limits, this article covers everything you need to know.

Understanding the Venmo Sending Limit

Venmo has different sending limits based on whether your account is verified or unverified. These limits apply to person-to-person transactions, payments to merchants, and Venmo Mastercard transactions.

Unverified Accounts

If your Venmo account is not yet verified, you are subject to lower sending limits. The default sending limit on Venmo for unverified users is:

• $299.99 per week for person-to-person payments.
• $299.99 per week for merchant payments.
• $299.99 per week for Venmo Mastercard payments.

Verified Accounts

Once you verify your Venmo account, your Venmo limit for sending money increases significantly. A verified account allows you to send larger amounts:

• $4,999.99 per week for person-to-person payments.
• $6,999.99 per week for combined transactions, including person-to-person, merchant payments, and Venmo Mastercard payments.
• Max Venmo amount per day: Venmo does not have a daily limit, but transactions cannot exceed the weekly cap.

How to Verify Your Venmo Account and Increase Your Limit

To enjoy higher Venmo limits for sending money, you need to verify your identity. Here’s how you can do it:

Once verified, your Venmo limit on sending money will increase, allowing you to send and receive higher amounts.

Venmo How Much Can You Send in a Single Transaction?

Even with a verified account, there are still limits on single transactions. Venmo enforces a cap on how much money you can send at once:

• $4,999.99 per transaction for verified accounts.
• $299.99 per transaction for unverified accounts.

If you need to send more than the single transaction limit, you will need to split the payment into multiple transactions within your weekly limit.

Venmo Business Account Limits

If you operate a business and use Venmo for transactions, the sending limits are different. Business accounts typically have higher transaction limits than personal accounts:

• $24,999.99 per week for payments received.
• $6,999.99 per week for payments sent.

Business accounts also have additional benefits, such as the ability to accept payments via QR codes and integration with major financial platforms.

How to Increase Your Venmo Sending Limit Further

If the default verified account limits are not enough for your needs, you can try these steps to increase your Venmo limit on sending money:

Venmo Limits for Sending Money vs. Receiving Money

While Venmo imposes sending limits, there are no strict limits on receiving money. However, large incoming transactions may trigger security reviews. If you regularly receive large amounts, keeping your account verified will help avoid disruptions.

Conclusion

Understanding the Venmo sending limit is essential for seamless transactions. Whether you’re sending money to friends, paying for services, or running a business, knowing the Venmo limit for sending money helps prevent transaction failures. Verifying your account is the best way to increase your Venmo limit on sending money, giving you access to higher weekly limits and more flexibility.

If you frequently hit your Venmo limits, consider alternatives like PayPal, Zelle, or direct bank transfers for larger transactions.

FAQs

1. What is the maximum Venmo amount per day?

Venmo does not have a specific daily limit, but transactions are subject to the weekly cap of $4,999.99 for verified accounts.

2. Can I send more than $4,999.99 in a week?

No, the sending limit on Venmo for verified accounts is capped at $4,999.99 per week. However, you can use multiple payment methods to work around this restriction.

3. How long does it take to verify my Venmo account?

Venmo verification usually takes a few minutes to a few hours, but in some cases, it may take up to three business days.

4. Can I increase my Venmo limit beyond $4,999.99?

Currently, Venmo does not allow users to exceed the weekly sending limit of $4,999.99 for person-to-person payments. However, business accounts have higher limits.

5. Are there different limits for Venmo business accounts?

Yes, business accounts have a higher Venmo limit on sending money, with up to $6,999.99 per week for payments sent and $24,999.99 per week for payments received.