Venmo is a mobile payment app that allows you to send money from your phone to another person’s Venmo account. A business profile in Venmo lets users send money to each other, and allows the business owner to collect money from their customers.
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You can connect your Venmo account with your PayPal account for the convenience of sending money from one place to another. You will be able to see how much you have sent out, as well as view receipts for payments that you have made.
But you may also want to delete your Business Page on Venmo because you want to focus on other aspects of your business, or if you’ve found another alternative
If you are wondering how to delete a business Venmo account, this article will show you how. Keep in mind, it is necessary for the owner of the business page to have an active personal Venmo account with funds in it.
What Does Deleting a Business Venmo Account Mean?
Deleting a business profile from Venmo wipes it out of their database completely. You will not be able to recover your business profile after deletion. You also can’t create a new business profile under the same business
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If you would like to close only your business profile, you will need to contact a Venmo agent. Once you close your business profile, Venmo cannot allow you to reactivate it. It is possible for you to close your business profile, independently of your personal account.
How to Delete a Business Venmo Account?
Here is the process to deleting your account on Venmo:
- Go to the Venmo app or the Venmo website. You must do this on your desktop instead of your mobile devices.
- Make sure you are logged into the relevant account.
- Go to your Profile page.
- Click on “Cancel my Venmo Account” at the bottom of your profile page.
Furthermore, before you delete your account or return the money to the sender, it is recommended that you transfer any funds that are in your Venmo account to your bank account. Any funds that you left in your Venmo account at the time that you closed your account will not be available to you unless you contact them again.
When you try to close a business account, there will be some incomplete transactions that you will be prompted to work on before closing your account. When your account is closed, you will receive a final transaction history email to the email address that you have on file with your Venmo account.
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In conclusion, deleting a business Venmo account is pretty easy and simple. It’s also important to note that if you are the sole owner of your business profile on Venmo, you can only delete it from your personal account. You cannot delete the page from a business account if there are other people who have access to it.
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