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Venmo does not charge any fee to verify your account. Verification is entirely free of cost, and it is a mandatory step required by U.S. financial regulations for users to access the platform’s full features. Whether you're a casual user or a business handling larger transactions, identity verification is a compliance process, not a paid upgrade.
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What Does It Mean to Have a Verified Venmo Account? A verified Venmo account means that you have successfully confirmed your identity with Venmo by submitting personal information and required documentation. This verification unlocks features such as higher sending limits, access to Instant Transfers, and added security measures that protect your account from fraud and unauthorized access.
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Self Starter
Earned on Jun 05, 2025