Venmo is a PayPal owned mobile payment App , it allow users to transfer money across multiple mediums . It also include peer to peer transactions , merchant payments and many more mediums . Venmo have more than 80 millions users which is more than some top banks . It also allow users to buy and sell Cryptocurrency .
Can you pay with Venmo Balance
If you want to use Venmo balance instead of bank account , you can chose Venmo balance as your payment method when processing your payment . Also your Venmo balance is automatically used if you have insufficient balance . You need to verify your identity on Venmo before using Venmo balance as payment method . Verifying identity on Venmo take few minutes only . You can also transfer funds to Apple pay and PayPal after your account verification . If you face any more problem , you can comment below .