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I recently leased my condo in Walnut Creek CA and opened a Venmo account for regular/monthly deposit of rent. My tenant did deposit the rent on schedule but Venmo promptly froze my account and has been holding MY FUNDS hostage. I have spent much time on the phone and via email to have them release my funds but all I get from lots of platitude. It seems to me that holding onto other people's money as long as they can is profitable for them. I plan to avoid them in the future.
Tip for consumers:
I don't plan on using Venmo in future.
Products used:
Service only
John S.'s review of Venmo earned 2 Very Helpful votes
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