Frequently Asked Questions

Frequently Asked Questions
General
Payments
Security
Trading
CS2 (CS:GO)
Rust
Rewards
Developers
How do Venmo payouts work?

How are Rapidskins Venmo Payouts processed?

Rapidskins Venmo payouts are processed as a business payout. This is how payouts are processed from companies, i.e Youtube Monetization, Ebay sales or Twitch subscriptions. This means that Venmo may require your account to meet additional requirements which do not apply for payments from friends or family.

How long do Venmo Payouts take?

Venmo Payouts are processed instantly, and appear within your Venmo account within 5 minutes. When Instant selling skins, trades which go into a hold period will be processed after the hold period ends. If a payment is taking longer than expetected, check the phone number associated with your Venmo account is correct, and that you have not received any sms messages or emails from Venmo about the payout. Our support will also be happy to help you if you are having any issues with your payout.

A Venmo payout failed to process to my account. What can cause this?

1
Check your Venmo account is verified
Venmo may require your account is 'verified' before it can be used for payouts. You must link a bank account to your Venmo to verify it. You can check if you have done this by logging into your Venmo account and checking the 'Wallet' section. Linked bank accounts should be shown, or if you do not have one linked, you should be prompted to add one.
2
Check that Venmo is not requesting ID or address verification
Venmo may require you submit ID or address documents before you can receive payouts. This usually wont happen until you have used Venmo for multiple payments, and will be triggered by Venmo's automated verification system. You can check for this by logging into your Venmo account, clicking the notification bell icon and checking for messages like 'Confirm your identity'
3
Check that your Venmo account is not restricted
Venmo may restrict your account for security reasons. You can check if your account is restricted by logging into your Venmo account and checking the 'Account' section. If your account is restricted, you will need to contact Venmo to have it removed.