Venmo is a popular digital payment service that allows users to send and receive money electronically. It also offers a feature where you can add money to your Venmo balance, which can be useful if you want to make payments using your balance instead of a connected bank account or credit card.

Here are the steps to add money to your Venmo balance:

  1. Open the Venmo app on your mobile device.
  2. Tap the "☰" icon in the top-left corner of the app to open the menu.
  3. Tap the "Manage Balance" option.
  4. Tap the "Add Money" button.
  5. Enter the amount you want to add to your Venmo balance and select your preferred payment method (bank account, debit card, or credit card).
  6. Follow the prompts to enter your payment information and complete the transaction.

Note that Venmo charges a 1% fee for instant transfers of funds from a credit card or non-major debit card. You can avoid this fee by using a major debit card or bank account and opting for the standard transfer option, which can take up to three business days to process.

 

How do I send money to my Venmo account?

 

Sending money with your Venmo account is easy. Here are the steps to follow:

  1. Open the Venmo app on your mobile device.
  2. Tap the "☰" icon in the top-left corner of the app to open the menu.
  3. Tap the "Pay or Request" option.
  4. Enter the username, phone number, and email address, or scan the Venmo code of the person you want to send money.
  5. Enter the amount you want to send.
  6. If you want to add a note or include an emoji, you can do so in the "What's it for?" field.
  7. Choose the payment method you want to use. You can pay with your Venmo balance, linked bank account, or debit card.
  8. If you want the payment to be private, you can choose to use the "Private" option. Otherwise, leave it as "Public."
  9. Tap the "Pay" button to complete the transaction.

After you send the payment, the recipient will receive a notification and the money will be transferred to their Venmo account. If the recipient doesn't have a Venmo account, they will receive a notification asking them to sign up for an account and claim the payment.