If your sending limit is $299.99, you can increase your sending limit to $2,999.99 by simply confirming your identity. You cannot send a payment that will cause you to exceed the $2,999.99 rolling weekly limit.
What is a "rolling" limit?
If you make a payment at 11am on Monday, then at exactly 11:01am the following Monday, that payment will no longer count against your limit
How do I confirm my identity?
You will need to 1) add the last four digits of your SSN, your zip code, and your birthdate to your Venmo account or 2) add your Facebook account to your Venmo account. You can verify your identity here.
Can you increase my weekly sending limit?
Transaction limits help us screen for suspicious activity, protect your financial security, and keep Venmo a safe place to send and receive money. They also help us keep our costs down so that we can continue providing an awesome, free service for our users! For these reasons, we cannot increase your sending limit.