You may have stumbled on different webpages talking about how to pay with Venmo balance and yes, there are different ways that you can choose to pay with Venmo balance which I will share with you If you read to the end.
When it comes to online purchases, you can actually use your Venmo balance to do this magic but many don’t know how to get started.
Just like Adding money to Venmo and Making free Venmo Money through the app plus our numerous tips on Venmo guide where we share Venmo related contents that you can use to make mobile payments much easier.
Now Back to your question, How to pay with Venmo balance, How To Pay someone with Venmo balance and how to pay merchants with Venmo balance etc…
How To Pay With Venmo Balance?
Here are the guideline steps on how to pay with Venmo balance:
- Open the Venmo app and sign in to your account.
- Tap the “Pay” button in the bottom middle of the screen.
- Enter the amount you want to pay and the recipient’s name or Venmo username.
- If you have enough money in your Venmo balance to cover the payment, the “Use Venmo balance” option will automatically be selected. Tap “Pay” to complete the payment.
- If you don’t have enough money in your Venmo balance to cover the payment, you can select “Use bank account” or “Use debit card” instead.
How To Pay With Venmo Balance When Shopping?
You can also pay with your Venmo balance for things online, as long as the merchant accepts Venmo. To do this, follow these steps:
- Go to the merchant’s website or app and start the checkout process.
- When you get to the payment page, select “Venmo” as your payment method.
- Enter your Venmo username and password and click “Pay.”
If you have enough money in your Venmo balance to cover the purchase, the payment will be processed immediately.
If you don’t have enough money in your Venmo balance, the payment will be declined and you will need to add more money to your balance or use a different payment method.
What You Should Know When Paying With Venmo Balance?
Here are some additional things to keep in mind when paying with Venmo balance:
- You can only use your Venmo balance to pay for things within the United States.
- There is a 3% fee for using your Venmo balance to pay for things online.
- You can also use your Venmo balance to withdraw cash from an ATM. However, there is a $2.50 fee for each withdrawal.
What Can Make You To Be Unable To Pay With Venmo Balance?
Here are some troubleshooting tips if you are unable to pay with your Venmo balance:
- Make sure that you have verified your identity with Venmo. You can do this by going to the “Settings” tab in the Venmo app and tapping on “Identity Verification.”
- Make sure that you have enough money in your Venmo balance to cover the payment. You can check your balance by going to the “Balance” tab in the Venmo app.
- Make sure that the recipient has accepted your payment request. If the recipient has not accepted your payment request, you will not be able to pay them with your Venmo balance.
If you are still having trouble paying with your Venmo balance, you can contact Venmo customer support for help.
Other Ways You Can Choose To Pay With Venmo Balance
Here are some ways to pay with your Venmo balance:
1. Pay Friends And Family With Venmo Balance:
You can use your Venmo balance to pay friends and family for things like shared expenses, gifts, or loans.
To do this, open the Venmo app and tap the “Pay” button.
Enter the amount you want to pay and the recipient’s name or Venmo username.
If you have enough money in your Venmo balance to cover the payment, the “Use Venmo balance” option will automatically be selected.
Tap “Pay” to complete the payment.
2. Purchase Items Online:
You can also use your Venmo balance to purchase items online from merchants that accept Venmo.
To do this, go to the merchant’s website or app and start the checkout process.
When you get to the payment page, select “Venmo” as your payment method.
Enter your Venmo username and password and click “Pay.”
If you have enough money in your Venmo balance to cover the purchase, the payment will be processed immediately.
3. Withdraw Cash From An ATM:
You can also use your Venmo balance to withdraw cash from an ATM. However, there is a $2.50 fee for each withdrawal.
To do this, open the Venmo app and tap the “Withdraw” button.
Enter the amount you want to withdraw and follow the instructions on the screen.
4. Load your Venmo Debit Card:
You can load your Venmo Debit Card with your Venmo balance. This allows you to use your Venmo balance to make purchases in stores or online wherever Mastercard is accepted.
To do this, open the Venmo app and tap the “Manage Balance” button.
Tap “Add money to balance” and select “From Venmo balance.”
Enter the amount you want to add and tap “Add.” Your Venmo balance will be loaded onto your Venmo Debit Card immediately.
Above are the best illustration guide on how to pay with Venmo balance on all your online shopping and in store.