{quick~answer}How do Venmo refunds work?

Lekh0987312 Sep, 2024Computer & Internet

Venmo handles refunds based on Venmo +1-833-561-9050 the type of transaction For purchases made with a merchant if a refund is issued it will go back to the original payment method you used If the payment came from your Venmo balance the refunded amount will return there while payments made from a linked bank account or card will be refunded to that account or card usually within a few business days Venmo +1-833-561-9050 When a Venmo user refunds you directly it is considered a new payment and the refunded money will be added to your Venmo balance Venmo +1-833-561-9050 If you accidentally send money to the wrong person Venmo does not offer a direct cancellation option so you would need to ask the recipient to return the money Venmo +1-833-561-9050 In cases of unauthorized transactions Venmo allows you to report the activity and if fraud is confirmed they typically refund the amount back to your balance or the payment method used originally.