Create a new organization account
Venmo’s organization account beta has ended, and it is no longer possible to set up new organization accounts. While this beta has ended, you can explore Business Profiles and Charity profiles.
For less formal needs, Venmo Groups can help you manage shared expenses with other Venmo users.
If you created an organization account before the product beta ended, you can continue to manage it from a web browser at venmo.com/organization-accounts. Organization accounts cannot be accessed from the Venmo app.
Organization Account Member Roles
Organization accounts can have one owner and up to three managers. Each role has unique capabilities.
Organization Owner
The owner is responsible and personally liable for all activity performed by the organization. There can only be one owner per organization, and this person can:
- Add/remove managers
- Add/remove payment methods
- Receive notifications and manage notification settings
- Transfer ownership
- Utilize all other Venmo features (send/receive money, view transaction history, etc.)
- Close the organization account
Organization Managers
Managers can move money, but they can’t edit organization settings. There is a maximum of three managers per organization, and each of these managers can:
- Send money from the organization account balance and payment methods previously added by the owner
- Send charge requests from the organization account
- Transfer funds from the organization account balance to a bank account previously added by the owner
- View transaction history
- See the last four digits of every payment method connected to the organization's account, along with the bank name or card provider
- Utilize other Venmo features
Anyone with a Venmo account can make payments to or receive payments from an organization – you won't need to add people to the organization in order for them to transact with it.
How do I transfer ownership of an organization?
Only the organization owner can transfer ownership of an organization. The new owner must also have verified their identity with Venmo.
If you are the organization owner, follow these steps to transfer ownership:
- Sign into the organization account on the web
- Go to Settings
- Go to People
- Click Leave Organization
- Enter the information of the user you want to transfer ownership to
This user will receive an email asking them to accept the transfer. If they accept, you will be removed from the organization. If they decline, you will remain the organization owner.
Any imported funding sources on the account will be unlinked from the organization account when the owner leaves.
What is my organization's sending limit?
Venmo Organization Accounts have spending limits that are tied to the organization owner’s personal account limits.
How do I leave an organization?
If you are the owner of an organization, there is currently no way for you to leave the organization other than by closing the organization account. Alternatively, you can transfer ownership of the organization to another manager and leave the organization once you’re no longer the owner.
If you are a manager, you can leave a organization by following these steps:
- Sign into the organization account on the web
- Go to Settings
- Click Leave Organization
Once you leave the organization, you will not be able to make or accept payments on behalf of the organization.
How do I close/delete an organization?
Only the owner can close an organization account. Follow these steps to close an organization:
- Sign into the organization account on the web
- Go to Settings
- Go to Profile
- Click Close my Venmo Organization Account