Send & receive money
Transfer money to other Venmo users by searching their name, username, phone number, or email. Standard transfers to a bank account are free; instant transfers carry a fee.
P2P payments
Split bills and send money to friends.
Venmo is a U.S. peer-to-peer payment app owned by PayPal that lets you send and receive money from friends and contacts, split bills, and pay at participating merchants.
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Key services
- Send & receive money✓
- Split bills✓
- Venmo Debit Card✓
- Pay at merchants✓
- Business profiles✓
U.S. peer-to-peer payments
About Venmo
A U.S. payment app for splitting bills and paying friends.
Venmo is designed for everyday money transfers between people who know each other — splitting rent, paying a friend back for dinner, or dividing a group purchase. Transactions appear in a social feed that shows who paid whom (though not the amount, unless you choose to make that public). You can control the privacy of each transaction.
Venmo also offers a Venmo Debit Mastercard linked to your Venmo balance, and a Venmo Credit Card. Certain merchants accept Venmo directly at checkout. Venmo is only available to U.S. residents with a U.S. phone number and bank account.
Common uses
What Venmo offers.
Venmo covers several common financial needs in one place.
Split bills
Request payment from multiple people at once and split a total evenly or by custom amounts.
Venmo Debit Card
A Mastercard debit card linked to your Venmo balance, usable anywhere Mastercard is accepted.
Venmo Credit Card
A Visa credit card that earns cash back in your top spending category automatically each billing period.
Who is it for
Who uses Venmo.
Venmo is most popular with people in the United States who regularly split costs with roommates, friends, or family — such as splitting rent, dining, or group travel expenses. It is widely used by college students and young adults. It requires both sender and recipient to have Venmo accounts and U.S. bank accounts.
Getting started
How to get started with Venmo.
Download the Venmo app for iOS or Android and sign up with a U.S. phone number and email address.
Link a U.S. bank account, debit card, or credit card to fund payments. Your Venmo balance can also be used.
Find friends by searching their name, username, or phone number. Payments go to their Venmo balance instantly.
Adjust the privacy setting for each transaction: Public (visible to everyone), Friends (visible to both parties' friends), or Private (visible only to you and the recipient).
Common questions
Frequently asked questions about Venmo.
Is it free to use Venmo?
Creating a Venmo account is free. Sending money funded by your Venmo balance or a linked bank account is free. Sending money funded by a credit card carries a fee. Instant transfers to your bank account carry a fee; standard transfers (1-3 business days) are free. Receiving money is always free. See venmo.com for current rates.
Is Venmo available outside the U.S.?
No. Venmo is only available to U.S. residents. You must have a U.S. phone number, a U.S. bank account or debit card, and be at least 18 years old to use Venmo. For international transfers, consider PayPal, which owns Venmo and operates in many countries.
How do I transfer my Venmo balance to my bank?
Open the Venmo app, tap Transfer to Bank, enter the amount, and choose standard (1-3 business days, free) or instant transfer (immediate, fee applies). Make sure a verified U.S. bank account is linked before initiating a transfer.
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Information source: Venmo's official U.S. website and help center. Last verified June 2026.
US Living Tips is an independent directory and is not affiliated with or endorsed by Venmo.