ln this article, we are going to show you why Venmo lost connection with bank and how to fix it easily. If you have been having issues with your Venmo transactions recently and the error message has been that the app is not connecting well with your bank, then you don’t have to worry anymore.
It’s a common users’ problem and it is not difficult to fix. As you read through every bit of this article, you will see its causes as well as quick fixes. Without much further ado, let’s proceed to get solutions.
Like Cash App, sending and receiving money is made easier with Venmo. It is one of the most popular and renowned mobile payment platforms in the world. It is easy and interesting to use in that along with its finance function, it also serves as a social medium where you can relate with friends and make new friends.
As much as sending payments on Venmo is easy, there could be times when trying to make a transaction, you could experience problems with your account. In this case, you will get an error message saying ’Venmo lost connection with bank’. Why did you get this message? How can you fix this error to get your account working perfectly again? These are the questions that this article is set to answer as we proceed.
Does Venmo Work With A Bank Account?
Yes, to efficiently enjoy the features of Venmo, you will need to link a bank account to it. This makes it easier to add money to and from your Venmo account.
What Does “Venmo Lost Connection With Bank” Mean?
When you keep receiving the error message “Venmo Lost Connection With Bank Plaid“, it is an indication that your account is not connecting appropriately with your bank account. That is, there is a problem with the connection between your bank account and Venmo account, and that error message is inevitable. In the next paragraph, we will examine the reasons for that error message in detail.
Why Did My Venmo Lost Connection With Bank?
Seeing that the message is an indication of some sort of problems in your account. Let’s know what they could probably be. If you get the error message “Lost Connection With Bank” on your Cash App account repeatedly, it could be due to one or more of the following causes.
Unverified Venmo Account.
One of the major causes of that error message is that you did not successfully link your Venmo account with your bank account. This process makes you enjoy Venmo to the fullest. Linking your account with Venmo is quite easy but it will require you to go through a verification process. And some of your information will be required.
Outdated Venmo App.
Most apps including Venmo do not function well when there is an updated version. So getting that error message “lost connection with bank” is very common if you haven’t updated your Venmo to the latest version.
Bank Server Error.
Another reason why you got that error message is that your bank Server is down. And when this happens, Venmo is unable to connect appropriately with it. Hence there might be some challenges with the transaction that you want to make.
Poor Internet Connection.
Like the others, Venmo not connecting to bank account could be because of poor internet connections. Most times, this happens when you are connected to public WiFi or unsecured internet. So check your network setting to be sure if that is the problem.
You Changed Your Bank Account On Venmo.
You might also get “Venmo lost connection with bank” if you recently changed your bank account that was linked to Venmo account. Note that this app allows you to link more than one account. However, both of them must be verified. So when a change is made, you get that error message as a protection of your account and funds till it is verified.
Change Of Online Banking Password.
Also, you will receive that error message if you changed your password. This is also applicable to your debit and credit card. When you change the password, Venmo will not automatically accept the new password.
Change Of Bank’s Security Settings.
Furthermore, if you change the security settings of your bank account, especially the multi-factor authentication, you would most likely get that message when the changes to your account are detected by the app.
Venmo Lost Connection With Bank Plaid
In the section above, we explained 7 causes of “Venmo lost connection with bank“. So now, we are going to look at how to quickly fix those problems and get your transactions working perfectly again.
Verify Your Venmo Account.
As explained above, verifying your account can erase the error message. Do that with the steps below.
- Log in to your Venmo
- Click on your profile photo or initials to go to the “Me” tab.
- At the top right corner of the page and click on the settings gear.
- Tap ‘Identity Verification
- Follow the on-screen prompts to guide you on the remaining parts of the verification. And within a few minutes, your account would have been verified.
Update Your Banking Information With Venmo.
If you altered any of your bank details like account, password, security settings, etc. Make sure that you get them updated on Venmo as well. With that, it will be easy for the app to connect with your bank.
Check Your Internet Connection.
Check if the problem of Venmo “lost connection with bank” is from your internet connection. If that is the case, fix it by turning off and on your data. If you were connected to a public WiFi, disconnect it and switch to cellular data. If it’s still not connecting, contact your internet provider.
Update Your Venmo App.
As explained earlier, an outdated app could be one of the causes of such an error. To fix this, check your app for updates and get it updated. It takes just a few minutes to do that. Visit your Play Store for Android and App Store for iOS devices to get the latest version of the app.
Contact Your Bank.
After going through all of these and the problem persists, then it could be a server error on the part of your bank. Now contact your bank to get help on the situation. Server issues usually do not take more than a day to be resolved. You can patiently wait for it or get immediate help by contacting your bank.
Lastly, if you are sure that it is not a bank issue, then it is time to let Venmo into the situation. Reach out to the Venmo Customer Care center of the app to get help.
Quick Fix: Venmo Payment Declined
Can I Receive Money With “Venmo Lost Connection With Bank” Error Message?
Yes, even with the error message, any money that is sent to you from other Venmo users will still show up in your balance.
Why Does Venmo Keeps Saying “Something Went Wrong?”
When you keep getting the error message from Venmo that something went wrong. It is an indication that the app is experiencing technical issues. And this type of error takes only a few hours to be resolved. Hence it does not call for worry.
Venmo lost connection with bank is a common error message. In this article, we have shown you what it means, as well as its causes and quick fixes. I hope with this you get yours fix and ready to use again.