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How can I reject a Venmo payment using cryptocurrency?

avatarRafael GomezDec 18, 2021 · 3 years ago4 answers

I recently received a payment on Venmo, but I would prefer to use cryptocurrency instead. Is there a way to reject the Venmo payment and request payment in cryptocurrency instead?

How can I reject a Venmo payment using cryptocurrency?

4 answers

  • avatarDec 18, 2021 · 3 years ago
    Sure, rejecting a Venmo payment and requesting payment in cryptocurrency is possible. Here's what you can do: 1. Communicate with the sender: Reach out to the person who made the Venmo payment and explain that you would prefer to receive payment in cryptocurrency. Provide them with your cryptocurrency wallet address or any other necessary details for them to send the payment. 2. Cancel the Venmo payment: If the sender agrees to make the payment in cryptocurrency, you can cancel the Venmo payment. Open the Venmo app, go to the transaction details, and select 'Cancel Payment'. This will return the funds to the sender's Venmo account. 3. Receive payment in cryptocurrency: Once the Venmo payment is canceled, the sender can proceed to send the payment in cryptocurrency to your wallet address. Make sure to verify the transaction and confirm the receipt of funds before completing the transaction. Remember, it's important to communicate clearly with the sender and ensure they are comfortable with the cryptocurrency payment method.
  • avatarDec 18, 2021 · 3 years ago
    Rejecting a Venmo payment and requesting payment in cryptocurrency might not be straightforward, but it's possible. Here's what you can try: 1. Reach out to the sender: Contact the person who made the Venmo payment and explain your preference for cryptocurrency payment. Provide them with your cryptocurrency wallet address and any other necessary details. 2. Cancel the Venmo payment: If the sender agrees to make the payment in cryptocurrency, you can cancel the Venmo payment. Open the Venmo app, find the transaction, and select 'Cancel Payment'. The funds will be returned to the sender's Venmo account. 3. Request the cryptocurrency payment: Once the Venmo payment is canceled, ask the sender to send the payment in cryptocurrency to your wallet address. Make sure to double-check the transaction details and confirm the receipt of funds before finalizing the transaction. Remember, it's important to be clear and patient in your communication with the sender.
  • avatarDec 18, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can provide you with some guidance on rejecting a Venmo payment and requesting payment in cryptocurrency. 1. Contact the sender: Reach out to the person who made the Venmo payment and explain that you prefer to receive payment in cryptocurrency. Provide them with your cryptocurrency wallet address and any other necessary details. 2. Cancel the Venmo payment: If the sender agrees to make the payment in cryptocurrency, you can cancel the Venmo payment. Open the Venmo app, locate the transaction, and select 'Cancel Payment'. The funds will be returned to the sender's Venmo account. 3. Receive payment in cryptocurrency: Once the Venmo payment is canceled, the sender can proceed to send the payment in cryptocurrency to your wallet address. Verify the transaction and confirm the receipt of funds before finalizing the transaction. Remember, clear communication is key to ensure a smooth transition from Venmo to cryptocurrency payment.
  • avatarDec 18, 2021 · 3 years ago
    Rejecting a Venmo payment and requesting payment in cryptocurrency can be done, but it requires clear communication and understanding between both parties. Here's what you can do: 1. Discuss with the sender: Contact the person who made the Venmo payment and explain your preference for cryptocurrency payment. Provide them with your cryptocurrency wallet address and any other necessary details. 2. Cancel the Venmo payment: If the sender agrees to make the payment in cryptocurrency, you can cancel the Venmo payment. Open the Venmo app, find the transaction, and select 'Cancel Payment'. The funds will be returned to the sender's Venmo account. 3. Proceed with cryptocurrency payment: Once the Venmo payment is canceled, the sender can send the payment in cryptocurrency to your wallet address. Make sure to verify the transaction and confirm the receipt of funds before completing the transaction. Remember, open and honest communication is crucial to ensure a successful transition to cryptocurrency payment.