Venmo: Send & Receive Money for Android
Editors' Review
Send and receive money with friends or split purchases with the Venmo mobile payment service.
Pros
Add friends: To get started, import your phone contacts or add all your Facebook friends who use Venmo. For a more measured approach, search for a person's name or username to add friends one at a time.
Share the expense: If you use your Venmo account to make a purchase, the app prompts you to add friends to the transaction and then automatically calculates the amount each person owes you. If you use a linked bank account or card, you need to do the calculations and request payments yourself. Either way, transferred money is added to your Venmo balance. To send the funds to your bank account, you need to initiate the transfer from your balance.
Send money: You can also send money to family and friends. Select a person, enter an amount, and click Pay to transfer money to the other person's Venmo account. You can add a note of explanation and select an appropriate emoji, such as for pizza, rent, or beer.
Affordable fees: Venmo charges a 3 percent fee when you pay with a credit card. Transactions made through your Venmo balance, bank accounts, debit cards, apps, and mobile websites are free.
Track transactions: Keep track of purchases, including when and where, in the Purchases tab. Your feed also displays recent transactions with friends.
Cons
Privacy: By default, you can see a person's list of friends and transaction feed. To control who can see your profile, go to Settings and under Sharing, choose who can view your transactions: the public, friends, or just participants. You can also change settings on past transactions.
Bottom Line
With Venmo, transferring money between friends to split rent, a bill, or an Uber ride is a snap. Your activities and feeds are displayed by default to the public, however, so your first step after installing the app is locking down your feed.
Full Specifications
What's new in version 7.24.3
Emojis for your Venmo card, custom split amounts for your payments, and a few tweaks under the hood to make your experience better!
General
Operating Systems
Popularity
Related Apps
Google Pay
Coinbase - Buy and sell bitcoin. Crypto Wallet
Mint: Budget, Bills, Finance
Expense Manager
Developer's Description
Venmo is the simple, fun money app for sending cash quickly between friends and shopping at your favorite online stores. Split purchases to avoid awkward IOUs, share your new buys, and catch up on what your friends are doing on the feed.
"Just Venmo me" has become synonymous with "pay me back" or "I got it." --Business Insider
QUICK & EASY
Send money quickly to friends by simply linking your payment method. There's no transaction fee for sending money with your debit card or bank account. Use your Venmo balance for payments, or easily cash it out to your bank.
SHOP WITH VENMO MASTERCARD
Take your Venmo balance shopping everywhere Mastercard is accepted in the U.S. Track and share what you bought, and split with Venmo friends later.
CONNECT & SHARE WITH FRIENDS
Every penny tells a story, whether it's for a group dinner, road trip, or concert. Add notes to your payments using your favorite emojis, and like or comment on friends' stories.
BUY FROM YOUR FAVORITE STORES
Check out without your wallet. Use Venmo to pay in select mobile apps or at millions of retailers on mobile web--for free--so you can easily make, split, and share purchases with friends.
STAY ON TOP OF IT ALL
Easily track your finances. Keep up with what you owe, what friends owe you, and what you've bought.
YOUR SECURITY IS OUR PRIORITY
Venmo makes money transfers easy and fun, and we take the protection of your Venmo account very seriously by using security measures to help protect your account information. Learn more at https://venmo.com/about/security/
Venmo is a service of PayPal, Inc., a licensed provider of money transfer services. All money transmission is provided by PayPal, Inc. pursuant to PayPal, Inc.'s licenses. Visit https://venmo.com/legal/us-licenses/ for additional information. (c) 2017 PayPal. PayPal's NMLS ID is # 910457.
PAYPAL, INC., IS LICENSED BY THE GEORGIA DEPARTMENT OF BANKING AND FINANCE, LICENSE # 34967.
PayPal, Inc., holds Massachusetts Foreign Transmittal Agency License # FT3345.
PayPal, Inc., is licensed as a Money Transmitter by the New York State Department of Financial Services.
PayPal, Inc., is licensed to Transmit Money By Check, Draft or Money Order By The Department of Banking, Commonwealth of Pennsylvania.
PayPal, Inc., is a Rhode Island Licensed Seller of Checks and Money Transferor.
Card is issued by The Bancorp Bank pursuant to license by Mastercard International Incorporated. The Bancorp Bank; Member FDIC. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.
*Please note, transfers are reviewed, which may result in delays or funds being frozen or removed from your Venmo account. Learn more here: https://help.venmo.com/hc/en-us/articles/221083888-Bank-Transfer-Timeline
Get the best price on everything
Shop your favorite products and we’ll find the best deal with a single click. Designed to make shopping easier.