You can choose venmo balance,Bank Account or debit card for transaction thorough venmo. But If your Venmo transaction is declined it might be many reasons behind it.You need to find right reason behind it. This error come due to insufficient balance in venmo account or can due money transaction limit. venmo have a limit on daily or weekly transaction.If you are a new user then it take one week time to verify your account and during this time period you can not do transaction. There are many reasons in behind this error. if you want to complete information visit to my blog. My blog give you all information about in this error. why this error is coming and how to solve it. To know more about it visit to link and read the information.i will also provide venmo login information, for android and ios phone for new user who want to use venmo.
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If Your Account is Temporarily Frozen
It is impossible to complete payments if your account is temporarily frozen. You will receive an email notification to let you know that your transaction failed. Log in to the Venmo recover website on your computer. Your account will stay frozen until the funds are paid.
Your bank payments may be frozen for various reasons. Even though Venmo may be unable to give you specifics, your bank should be able to provide you with the details. The most common reasons for failure include; having insufficient funds when making the transaction and going beyond the number of ACH transfers allowed for your account. Your account will be reinstated as soon as Venmo receives the funds.
Payment Limits
1. A weekly rolling limit of $4,999.99 for all transactions combined. This includes; purchases on Venmo Mastercard, sending funds, and Authorized Merchant Payments
2. For Authorized Merchant Payments, the limit is $2,000 per purchase and 30 transactions every day
3. The weekly rolling limit for sending funds is $2,999.99
May this helps you, J Wick