How to Deactivate Venmo Account on App/ Web: Personal & Business Account

ByJake Deakin
Account Management
Venmo Deactivation Options
Venmo does not provide a built-in “deactivate” or pause feature. There is no temporary suspension toggle inside the app. If you want to avoid permanent closure, only two practical workarounds exist.
Option 1: Log Out (Temporary)
Navigate to Settings – Sign Out. You can log back in at any time using your existing credentials. Your account remains fully active in the background.
Option 2: Remove Bank & Card Information
Go to Settings – Payment Methods and delete linked bank accounts and cards. This keeps the account open but effectively disables transactions since no funding source is attached.
Permanent Shutdown
If you require full termination, you must permanently close the account. This action is irreversible and cannot be undone.
For users seeking complete removal, permanent account closure is the only official option.

I’ll be honest, the first time I tried to deactivate my Venmo account, I thought it would take a few seconds (like my Insta/ fb account). But they are a bit more complicated than that.

I ran into pending payments, balance issues, and confusing settings. And the worst part? I realized closing your Venmo account is permanent. There’s no undo button. (So, I ended up not closing my account)

Before You Close Your Venmo Account: Do These First

This is where most people make mistakes. If you skip these steps, you could lose access to funds or important financial records.

Close your account only after everything is fully settled. Once deleted, recovery options are limited.

1. Transfer Your Venmo Balance to Your Bank

Before closing your account, confirm your balance is exactly $0.00.

Transfer funds to:

  • Your linked bank account
  • Your debit card
  • Or send the balance to a trusted contact

Once your account is closed, leftover funds are difficult to recover. Do not skip this step.

2. Complete or Cancel All Pending Transactions

Venmo will not allow account closure if activity is still pending.

Check for:

  • Pending payments
  • Payment requests
  • Incomplete bank transfers

Your account must be fully settled before closure is processed.

3. Download Your Transaction History

Many users forget this. After deletion, access to detailed records becomes limited.

Download your history for:

  • Tax reporting
  • Business income tracking
  • Personal financial documentation

Venmo sends a final summary email, but maintaining your own records is the safer approach.

How to Close a Personal Venmo Account

You can close your account using either a web browser or the mobile app. The process is straightforward, but once confirmed, your account is permanently deleted.

Method 1: Close Venmo Account Using a Browser
Log in to your Venmo account.
Go to Settings.
Click Account.
Scroll down and select Close My Venmo Account>.
Confirm closure.
Once you confirm, your account will be permanently deleted.
Method 2: Close Venmo Account Using the Mobile App
Open the Venmo app.
Tap the Me tab.
Tap Settings (gear icon).
Tap Account.
Tap Close Venmo Account.
Confirm.
Once confirmed, your account is permanently closed. Venmo will send a final confirmation email.

What Happens After You Close Your Venmo Account?

Your account is permanently deleted
Your transaction history is no longer accessible in the app
Your username becomes unavailable
You cannot reactivate the same account
There is no recovery option

How to Close a Venmo Business Profile

Closing a business profile is different and more restrictive than closing a personal account. You cannot complete this process directly within the app.

You cannot close a Venmo business profile yourself. You must contact Venmo Support to request closure.

Steps to Close Your Venmo Business Profile

Step 1
Open the Venmo app.
Step 2
Tap Me.
Step 3
Tap Settings.
Step 4
Tap Get Help.
Step 5
Open chat support.
Step 6
Request business profile closure.
Venmo Support will review your request and handle the closure process. You will receive confirmation once the business profile is permanently closed.

Business Profile Closure Is Permanent and similar to a regular account; once you close a Venmo business profile, it cannot be reactivated or restored, and you cannot create another business profile with the same entity.

But your personal Venmo account can remain active if you only close the business profile.

Can You Reopen a Closed Venmo Account?

No, Venmo does not allow reactivation of closed accounts.

Once your account is deleted, it’s gone permanently.

If you want to use Venmo again, you must create a completely new account.

This includes a new setup process, Identity verification, and linking your bank account again. Your old account cannot be restored.

Why Do People Close Their Venmo Accounts?

If you’re considering closure, you’re not alone. Below are the most common reasons users decide to permanently close their accounts.

Privacy Concerns
Estimated 35% of closures
Users may want to reduce digital footprint visibility or limit transaction activity exposure.
Switching to Another Payment Platform
Estimated 25% of closures
Some users migrate to alternative platforms for lower fees, broader features, or integration preferences.
Closing a Business
Estimated 15% of closures
Business profile owners may close accounts when operations cease or shift to different financial systems.
Reducing Financial Apps
Estimated 15% of closures
Some users simplify their financial ecosystem by consolidating accounts and reducing app usage.
Security Concerns
Estimated 10% of closures
After suspicious activity or precautionary concerns, users may choose full account deletion.

Biggest Mistakes to Avoid When Closing Venmo

Not trying to scare you, but closing Venmo isn’t something you want to do blindl. People mess this up all the time and regret it later.

Mistake #1: Closing Without Transferring Your Balance
If you delete your account before transferring funds, you risk losing access to your remaining balance.
Mistake #2: Not Downloading Transaction History
Failure to save records can create complications later, especially for tax reporting or business income tracking.
Mistake #3: Forgetting About Business Profiles
Business profiles cannot be closed directly in the app. You must contact support to request closure.
Mistake #4: Assuming You Can Reactivate Later
Account closure is permanent. Once deleted, the same account cannot be restored.
Closure is permanent.

Closing your Venmo account is simple, but permanent. So, before you delete it, ask yourself if you need transaction records later? Is my balance fully withdrawn? And am I sure I won’t need this account again?

If yes, go ahead and close it confidently. But if not, consider leaving it inactive instead.

Hi, I’m Jake Deakin. I run WalletSetUpHub to create simple, step-by-step guides and tips for Cash App, Venmo, and other digital wallets. I’m passionate about helping people manage their money securely and easily.
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