However, if you’re not familiar with how Venmo works, you may be lost when you first open the app. There are a few steps you need to take to send money. Then you’ll need to follow a process to complete your payment. It’s not difficult to complete, however, so once you download Venmo you should be able to use it quickly.
How to Set Up Your Venmo Account
The first thing you’ll need to do when you download the Venmo app is to set up your account so that you can send payments. You’ll need to connect a bank account or debit card to your account first. Follow these steps to do this.
Once you verify your account, you can send money. You can also change your bank account at any time by going to the menu in the top right, then Settings > Payment Methods > Add bank or card.
How to Make a Payment
Once your account has been set up, you’ll be able to send payments or request money. It’s quick and easy to send a payment, and there are several ways you can do this. First, you can enter someone’s username manually.
The amount you send will be withdrawn from your linked bank account instantly. The recipient’s account will then have the money in their Venmo balance until they choose to transfer it to their bank account. The next way you can send money is through a QR code. Here’s how it works.
This is a good option if the person you want to send a payment to is nearby and you want to send it quickly.
How to Pay With Venmo at a Business
Some businesses will accept Venmo as a form of payment. Typically there are a couple ways the business may go about receiving a Venmo payment. It’s a quick and easy way to send money, however don’t count on it being available in most stores. Venmo is usually accepted more by small businesses and independent sellers.
The first way you may be able to pay a business through Venmo is if they have a QR code you can scan.
Alternatively, they may want to scan your in-store Venmo QR code.
Both of these payment options will allow you to pay a business which accepts Venmo. Usually it’ll be up to the business’s discretion as to which method is used.
Make Payments Easily With Venmo
Venmo is a great service for sending money to others, or even to businesses. Since Venmo has become such a popular choice for making quick payments, you can expect many people to also use the app and accept money from you that way. It’s one of the best alternatives for paying someone compared to just cash or a check, and very easy to use relative to other mobile payment apps.