Best of Apps
Venmo

Venmo

star4.6

Downloads

50M+

For Android

APK

Category

Apps

Developer

PayPal, Inc.

License

Free

Platform

Android & iOS

Updated

Mar 11, 2025

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Written by Alexander Reed

Published on Jun 21, 2023

About Venmo

Venmo is a mobile payment service owned by PayPal that combines financial transactions with social networking features. Popular especially among millennials and Gen Z users, Venmo allows people to send and receive money, split bills, and share payment activities with friends through a social feed. The app makes paying friends back for dinner, splitting rent, or sending gift money quick and easy. With features like the Venmo debit card and cryptocurrency trading, it has evolved into a comprehensive financial platform.

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  • Social Payments: Share your payment activities with friends through a social feed with emojis and comments.
  • Split Bills: Easily divide expenses among multiple people for dinners, trips, or shared costs.
  • Venmo Card: Get a free Venmo Mastercard debit card to spend your Venmo balance anywhere Mastercard is accepted.
  • Instant Transfer: Move money to your bank account instantly for a small fee, or free within 1-3 business days.
  • QR Codes: Pay or get paid using personalized QR codes for quick in-person transactions.
  • Cryptocurrency: Buy, sell, and hold cryptocurrencies like Bitcoin and Ethereum directly within the app.

Pros

  • Popular social features
  • Easy bill splitting
  • Free standard transfers
  • Venmo debit card included
  • Cryptocurrency support

Cons

  • Public transactions by default
  • Instant transfer fees
  • Limited buyer protection
  • Account freezing issues
  • Privacy concerns

How to download & use

  1. Download the Venmo app via the link on this page.
  2. Open the app and sign up using your email address, phone number, or Facebook account.
  3. Create a unique username that friends can use to find and pay you on Venmo.
  4. Link a bank account, debit card, or credit card to fund your Venmo payments.
  5. Set your privacy preferences for transactions to public, friends only, or private.
  6. Start paying by searching for a friend's username or phone number, entering the amount, and adding a note.

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Venmo

Venmo

star

4.6

Conclusion

Venmo has become a cultural phenomenon in digital payments by successfully blending financial transactions with social connectivity. While privacy concerns and instant transfer fees are considerations, the app's ease of use, social features, and widespread adoption among younger users make it the go-to choice for casual peer-to-peer payments. The added features like the Venmo Card and cryptocurrency trading enhance its value as a comprehensive mobile payment platform.

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