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Payment service · United States

Venmo

Social payments and money movement in a mobile app

Venmo is a mobile payment service in the PayPal family, rather than a bank. People use it for payments between contacts and for moving money to eligible linked accounts. The practical rules depend on the funding source, verification status and transfer method you choose.

Payment serviceMobile paymentsRoots to 2009
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Who Is Venmo For?

Banking for a brighter tomorrow

Different customer needs, with guidance tailored to Venmo.

01

Friends and households

People sending payments to contacts and managing the movement of money through a mobile app.

02

Cash-out users

Customers comparing the timing and rules of standard and instant transfers to an eligible linked account.

03

Payment problem-solvers

People checking Venmo transactions, account access and the status shown in the service’s own app.

04

People checking payments

Customers reviewing recipient details and payment status before moving money through Venmo.

What Makes Venmo Different?

Built for what’s next

The institution’s background, service model and practical account context.

01

PayPal family connection

Venmo is a payment service within the PayPal organization.

02

Social payment background

The service has been used for mobile payments between contacts since 2009.

03

Funding-source choices

The balance, linked account or eligible card can affect how money moves.

04

Different cash-out methods

Standard and instant transfers have separate eligibility, cost and timing rules.

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