Applications like Venmo are called peer-to-peer payment apps which help you make transactions. Transactions to friends, families, or foes (Just kidding!) and at point of sale too. Online or offline, these apps get the job done. After the widespread acceptance of money through these apps, the circulation of paper money has actually reduced.
But what to do if you do not possess a Venmo account, but get a notification that you have received money on Venmo? Scroll down to know what to do in this situation.
Someone sent you money on Venmo, but you don’t have an account: What to do?
Short Answer: If someone sent you money on Venmo but you don’t have an account it is probably a scam. Or it was probably a mistake on the sender’s part.
You get a notification that you have been sent some money through Venmo. But you do not have an account. Let me explain what happens in this situation. The payment will be shown as pending to the sender. Until you create an account and verify your contact information, you will not be able to accept the money.
So, if you do not have an account, you are not the one who needs to worry. The sender might contact you and ask you to create an account and accept that money and ask you to send it back. But it might turn out to be a scam. So, if you doubt the intentions of the sender, you need to contact Venmo’s Customer support right away.
Be sure to check the mail address of the Venmo notification informing you about the payment. If it is not in the format of the name.lastname@venmo, then the mail you have received is definitely fraud. It is better not to interact or respond to them. Just move the mail to the trash.
Q1. Why did you get a mail from Venmo asking you to verify your email address, even if you do not have an account?
If you got a mail from Venmo asking you to verify your email, then somebody has entered your mail for creating an account.
Ask yourself. Do you have any mail addresses that you or someone from your family and friends use? If that is the case then, you can contact them and clear your doubts. But if you did not provide your mail address to anyone, you need to click on “Wasn’t you? Report this email here” under the mail you received.
If you do not have an account but you got a notification from Venmo saying that someone sent you a payment, it might be a mistake. Or most of the time it is the beginning of a scam. Checking the mail format or for any spelling mistakes (unlike Venmo, scammers generally do not have a tool like Grammarly on their side) might reveal if the mail is true or fraud.
If the mail is really from Venmo, contact them and ask them to reverse the payment. Because you do not have a Venmo account. And you do not have the intention of creating one.
Sri Sahith is passionate and writes his articles by ensuring attention to detail. During his graduation study, he has taken elective subjects like Business Economics and Financial Analysis. These gave him the interest, knowledge and passion to write articles related to Finance-Tech. Also, he loves to read books and talk about them as long as possible.