No fee for reloading your Venmo balance using your bank account.No fee if you send money from your Venmo balance.No fee for sending money from a prepaid card (depending on the card issuer).No fee for sending money from a debit card.No fee for sending money from linked bank accounts.No fee for receiving money into your Venmo account from other users.Venmo charges no fees for many common transactions. As an added perk, you can opt to find friends who have Venmo accounts by syncing your Facebook account or phonebook contacts. Often, people who pay with Venmo leave fun comments on this feed. One thing that sets Venmo apart from other services, however, is that your transaction - but not payment amount - displays on Venmo's social feed.
#Does venmo charge a fee for using a credit card android
The Venmo mobile app is available for both Android and iOS phones. And received funds can also be transferred quickly to a linked bank account. The money you send comes from a linked bank account, a debit or credit card, or your Venmo balance.
And because Venmo is owned by PayPal, you can typically use it to pay at businesses displaying a PayPal logo.įunds can be transferred to others via Venmo simply by inputting their Venmo username, phone number, or email address used to register their Venmo account. You can also pay partner businesses using your Venmo app. Venmo is a personal finance app that allows you to send money to other Venmo users, including friends and family members with a Venmo account.
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