Description
Venmo is a free app for iOS and Android to send and receive money to anyone. All you need is a bank account or credit or debit card. You can also apply for a Venmo debit card and add money that way.
Unlike other apps design to send or receive money, Venmo works like social media. You can share all your activities with your friends or to a public wall. You can keep all your activities private, however, if you don't want to use it as a social media platform.
Here is the step by step guide to using Venmo to send and receive money.
1. Download and install the Venmo app for iOS or Android
2. Go to settings and add a bank account or credit or debit card
3. To send or request money, click on the top-right pencil/money icon. Find the person via search. Choose the amount you want and leave a note. Now select send or request. Change the visibility of your post (it will be public by default)
4. You can also get a Venmo Debit card and not use your other cards. Add money to the Venmo card and only use that for Venmo money transfers.
5. Transfer Money out of Venmo to your bank with the transfer balance option. You can do it instantly or you can use the no-fee option which will take 1-3 days.
Other apps for sending and receiving money:
How to Use CashApp https://www.youtube.com/watch?v=9LpC_5Ke5HE
How to Use Apple Pay https://www.youtube.com/watch?v=DQrCCSruALI&t=5s