How to Use Venmo

How to Use Venmo: Adding Bank Account, Credit or Debit Card, Send and Receive Money, Transfer Money, the popular Venmo App that lets you Send and Receive Money Digitally. Venmo is available for both iOS and Android.

Adding Bank Account, Credit or Debit Card

  1. You Download and Launch Venmo App. And follow the prompts for creating an account, you can add a bank account, credit card, or debit card for handling transactions.
How to Use Venmo: Adding Bank Account, Credit or Debit Card - Venmo Menu
  1. Go to the Three Dot icon Menu at the top.
How to Use Venmo: Adding Bank Account, Credit or Debit Card - Venmo Settings
  1. Next, Click “Settings”.
How to Use Venmo: Adding Bank Account, Credit or Debit Card - Payment Methods
  1. Then Click “Payment Methods” To add a Bank Account, Credit Card, or Debit Card, press “Add bank or card”.

Send and Receive Money Using Venmo

  1. Sending money from a bank account or debit card is free on Venmo, but it will charge a 3% fee for sending money with a credit card.
How to Use Venmo: Send and Receive Money - Add Bank
  1. If adding a bank account, you will have two options for verification. Using instant verification will have you sign into your bank account to instantly verify. You also have the option to do a manual verification, which involves inputting your bank’s routing and account number. This option can take a few days.
How to Use Venmo: Send and Receive Money - Pay or Request
  1. Once your account is verified, you are ready to send or request money from someone. Click the “Pay or Request” button if you would like to send money to someone or if you would like to request money from someone. Here you will find your list of friends. If you signed up using your Facebook account or gave Venmo access to your phone contacts, you may see friends pulled from these sources.
How to Use Venmo: Send and Receive Money - Pay or Request Money, Name
  1. You can search for someone to Pay or Request Money from at the top. Venmo offers several ways to search. You can search people by their name, their Venmo username, their phone number, or their email address.
  1. Each Venmo account also includes a unique QR code that can be scanned to make sure you are paying the right person. You can find your username and QR code by clicking on your profile picture in the top left on the home screen.
How to Use Venmo: Send and Receive Money - Private
  1. Once you confirm you have the right person, press on their name. Here’s where you can set your payment or request for payment. Put in the amount. Underneath, you can add a payment description. You can also add fun things like emojis and gifs to your payments. Click through the different icons at the bottom to see what is available. To the right, you will see your Private setting. Clicking that will reveal a menu that allows you to choose who that payment or request will be visible to.
How to Use Venmo: Send and Receive Money - Settings Privacy
  1. You can also change which one of these settings is your default by going to the Three Dot icon menu on the homepage and Clicking on “Privacy.” There, you will find your default privacy settings.
  1. Next, Choose “Pay” if you are sending money to that person or “Request” if you are requesting money from that person.
How to Use Venmo: Send and Receive Money - Send
  1. Next, Choose “Pay”, you can see your Venmo balance, which will accumulate as people pay you. Venmo will always use your Venmo balance first as a payment option. And if that balance does not cover the transaction, it will use your bank account or card that you added. To send your payment, Click “Send”. If you were going to request money, the process is very similar. You would just choose “Request” instead of “Pay”.

Transfer Money

Transfer Money from your Venmo account to your bank account.

  1. Go to the Three Dot icon menu.
  2. Next to your balance, you will see “Manage balance” Click it. You will see options “Transfer to Bank” and “Add Money” will allow you to transfer money into your Venmo account from a bank account, but we want to move money from Venmo to our bank account.
  3. Next, Go to choose “Transfer to Bank”.
  4. Venmo gives two options, an instant transfer that charges a fee and a free option, which can take a few days to transfer instantly, Venmo will charge a 1% fee up to $10.
  5. Choose an amount you would like to transfer and Click the “Transfer” button.