About
Venmo is a mobile payment app that lets you send and receive money from friends, split payments among multiple people, and manage your finances. Beyond peer-to-peer transfers, Venmo offers a Visa credit card earning up to 3% cash back on your top spend category, a Mastercard debit card with cashback rewards, and the ability to buy and sell cryptocurrency starting at $1. You can add notes to payments, create a business profile for side gigs, access Instant Transfer to move money to your bank within minutes, and set up Direct Deposit to receive paychecks up to two days early. Teen accounts (ages 13–17) include a debit card with no minimum balance or monthly fee.
Highlights
- Send and receive money with payment notes to share with friends
- Split payment requests among multiple Venmo friends with customizable amounts
- Venmo Credit Card earning up to 3% cashback on top spend category
- Venmo Debit Card accepted worldwide on Mastercard network with cashback rewards
- Buy, hold, and sell cryptocurrency starting at $1 directly in the app
- Instant Transfer moves money to your bank within minutes; Direct Deposit enables early paychecks
Best for
Individuals splitting shared expenses with friends, small business owners and side hustlers managing payments through a business profile, and users seeking integrated payment, debit, credit, and investment tools in one app.
At a glance
Venmo is rated 4.9 out of 5 from 15,443,846 ratings and is available on iOS and Android — all free to download.
It is developed by Venmo.
Screenshots
Frequently Asked Questions
- Is Venmo free?
- Yes — Venmo is free to download on iOS and Android.
- What platforms is Venmo available on?
- Venmo is available on iOS and Android.
- What is Venmo?
- Venmo is a mobile payment app for sending and receiving money from friends, splitting expenses, and managing finances. It also offers a credit card, debit card, cryptocurrency trading, and Direct Deposit for early paychecks.
- Can I split a payment request among multiple friends on Venmo?
- Yes. You can send a payment request to multiple Venmo friends at once and customize the amount each person owes.
- Does Venmo offer a credit card?
- Yes. The Venmo Credit Card earns up to 3% cashback on your eligible top spend category. You can split card purchases with Venmo friends and use it everywhere Visa cards are accepted online, in-store, and worldwide.
- Can I buy cryptocurrency on Venmo?
- Yes. You can buy, hold, and sell cryptocurrency on the Venmo app starting with as little as $1. The app includes in-app resources for learning about crypto.
- What are the alternatives to Venmo?
- Venmo is similar to PayPal - Pay, Send, Save, Cash App, Exodus: Crypto & Payments, and NBC mobile application. Browse related apps by tag: finance, banking, cryptocurrency, and money transfer.
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