If you spend $3,800.00 on person-to-person transactions, you will only have $3,199.99 to spend on merchant purchases for the rest of the week. You can choose to spend more on person-to-person transactions at the expense of merchant transactions. This means that you will only have $3,499.99 to spend on person-to-person transactions for the rest of the week. To give you an example, let’s say that you spent $3,500 on a purchase with a merchant either online or using the Venmo Mastercard. This means that if you spend more in one category, then the amount you have available to spend in the other category is less. These limits are a bit more fluid than they are for unverified accounts. The limit per transaction is $2,999.99 for transactions with merchants and the amount you can spend on your Venmo Mastercard debit card. However, there are restrictions imposed on how much you can spend in one transaction. When it comes to making purchases with merchants, you can spend up to your weekly limit of $6,999.99. The choice is completely yours as it offers some degree of flexibility. The choice is completely yours as it offers some degree of flexibility. You can choose to transfer this total amount in one transaction or break it up over several transactions. You can choose to transfer this total amount in one transaction or break it up over several transactions. Venmo has distinct limits for how much you can spend in each category and in each transaction.
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