Venmo App : How To Use Venmo !!

Venmo is a digital wallet that provides you with the option to send, receive and share payments with family or friends. Also, Venmo is a service of Paypal that allows you perform person-to-person payment.

In this article we will show you to set up Venmo and answer the most frequently asked questions about Venmo :


- How to use Venmo?

- How to send and receive money in Venmo?

- How much does Venmo cost to use it?

- How long does a payment take to arrive and how long does Venmo take?



Before we answer these questions, you will need first to download Venmo App. It is availabe in PlayStore & AppStore, or go directly to Venmo.com.

- How to use Venmo?

• Create an account.
• Link your account to a credit card, bank account or debit card.

- How to send and receive money in Venmo?

• You can use the user name, phone number or email to receive or send money.
• You can generate a Venmo scan code and share it, using the Venmo App.
• If the account doesn't have enough money to make the transaction, Vemo will automatically draw the total amount from your linked funding source ( credit card, bank account ... ).

- How much does Venmo cost to use it?

• Creating a Venmo account is free.
• Receiving Money is free.
• Sending money is also free but you need to link your Venmo account to a bank account or debit card.
• 3% fee when you send money or fund your account, in case your Venmo account is linked with a credit card.
• Basic transfers from a Venmo account to a bank account are free, but it takes a few days.
• 0.25$ fee when transferring your Venmo balance to a bank account using an eligible Mastercard or Visa card. ( Up to 30 minutes ).

- How long does a venmo payment take to arrive?

• For existing Venmo accounts, the money could arrive in a Venmo account from a few hours to a 1-2 days.
• If the person receiving the money has just set up the account, it could take a few days, according to the Venmo site.