Retention & Deletion · Company practice
Relationship data is kept for the relationship plus 10 years, or longer for legal, AML or litigation needs
Venmo keeps personal information as long as needed or permitted for the purpose it was collected and consistent with applicable law. Information used for your ongoing relationship with Venmo is stored for the length of that relationship plus 10 years. It may be kept longer when needed for a legal obligation or legal compliance, such as anti-money-laundering rules, or for litigation, investigations, audits, compliance practices or protection against legal claims.
Supporting quotations
We retain your Personal Information for as long as needed or permitted in context of the purpose for which it was collected and consistent with applicable law.
Personal Information used for the ongoing relationship between you and Venmo is stored for the duration of the relationship plus a period of 10 years, unless we need to keep it longer, such as:
a legal obligation or compliance with laws to which we are subject is retained consistent with the applicable law, such as under Anti-Money Laundering obligations
litigation, investigations, audit, and compliance practices, or to protect against legal claims.
The criteria used to determine our retention period is as follows:
Not stated here
- Retention periods for information not used for the ongoing relationship are not stated beyond the general purpose test.