Invite someone new to Venmo. If they sign up and make their first payment to you, we’ll send you $5. Invite 50 people and you could earn up to $250! Offer expires on 12/31.*
Know someone who isn’t on Venmo?
- Ask them to sign up and make their first payment to you
- Rinse and repeat up to 50 (!) times
- We’ll drop the money in your account before 1/15/20
Offer ends on 12/31/19.
*By participating in Venmo’s "Invite Friends" promotion (the "Program" or “Invite Friends Program”), you agree to the following terms and conditions (the "Terms"). Venmo has the right, at any time and in its sole discretion, and without prior notice, to terminate, cancel, suspend or modify the Program or these terms.
The Invite Friends Program allows you to invite people to sign up for a U.S. account with Venmo by sending them a payment request in the app. You can earn a reward if the person you sent a payment request to successfully signs up for Venmo and completes an Eligible Transaction (defined below). The person inviting someone to join Venmo is a "referrer" under these terms; the person who receives an invitation is the "referee."
1. The Promotional Period, Eligibility, and Overview
1.1. The Program is active from 10/24, 2019 at 12.00am EST to 12/31, 2019 at 11.59pm EST time (the “Promotional Period”).
1.2. To be eligible to earn rewards through the Program, a referrer must: (1) have a U.S. Venmo account in good standing (“Valid Account”) at the time they invite referee(s) through when his/her reward(s) are issued; (2) receive an authorized invitation from Venmo to participate in the Program; and (3) complete the opt in to the Program as described in Program materials. To be eligible as a referee: (1) the referee must not have or previously had a Venmo account; and (2) the phone number/email address provided must not be tied to an existing or previously existing Venmo account.
1.3. A referrer may refer a referee by sending the referee a person-to-person payment request in the Venmo app by providing the referee’s phone number or email address. The referrer can claim a reward for a maximum of 50 referees that satisfy the following “Reward Criteria”: (i) access and complete the Venmo sign up process; (ii) link his/her bank, credit card or debit card to their Venmo account; (iii) verify their cell number or email linked to their Venmo account; and (iv) complete an Eligible Transaction (defined below) within the Promotional Period. An “Eligible Transaction” means: (a) a person-to-person payment sent to the referrer, that must be the very first payment using the Venmo app using the referee’s new Venmo account that is marked as ‘received’ by the referrer
1.4. Transactions that have been cancelled, refunded, declined, or reversed by either the referee, referrer, or Venmo do not count as Eligible Transactions.
1.5. The reward amount is $250 USD. There is a limit of fifty (50) rewards per referrer Valid Account (max referrer payout is $250.00 USD) throughout the entire reward period. If two or more referrers invite the same referee, Venmo will credit the reward to the referrer who received a completed payment first, as determined in Venmo’s sole discretion. Only the first (fifty) referees per referrer to fulfill the Reward Criteria will earn a reward.
2. Receiving and Using Rewards
2.1. Rewards will post to your account no later than 1/15/2020, 11.59pm EST.
2.2. Venmo reserves the right to limit, cancel, or revoke a reward if Venmo determines, in its sole discretion, that you have violated these terms and conditions, or if we restrict or close your account pursuant to our User Agreement.
2.3. Venmo may provide an alternate reward of equal value if it is unable for any reason to fulfil the reward. Venmo is not responsible and/or liable for any lost, stolen, late, incomplete, illegible, interrupted, delayed, or misdirected e-mail, reward, or Program-related materials or correspondence or if any participant’s e-mail address, Valid Account, or other contact information does not work, is deleted, or is changed without participant giving prior written notice to Venmo. Program is void where prohibited, if referrals or Eligible Transactions are not completed through legitimate channels, or if any Program-related materials (including, without limitation, referrals and Eligible Transactions) are fraudulent, counterfeit, altered, defective, tampered with or irregular in any way.
3. This Promotion is governed by New York law. By entering, entrants agree to be bound by these terms and conditions and the User Agreement. Any questions relating to the offer will be resolved in Venmo’s sole discretion and its decisions related to the offer will be final and binding.
4. Sponsor: Venmo, a PayPal, Inc. service, 117 Barrow St., New York, NY 10014.