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  • Here's how to use Venmo,

  • the popular app that lets you

  • send and receive money digitally.

  • Venmo is available

  • for both iOS and Android.

  • Today, we will be showing Venmo on an Android phone.

  • Once you download the app

  • and follow the prompts for creating an account,

  • you can add a bank account, credit card, or debit card

  • for handling transactions.

  • Go to the hamburger menu at the top

  • and press "Settings,"

  • then press "Payment Methods."

  • To add a bank account, credit card, or debit card,

  • press "Add bank or card."

  • Sending money from a bank account or debit card

  • is free on Venmo,

  • but it will charge a 3% fee

  • for sending money with a credit card.

  • If adding a bank account,

  • you will have two options for verification.

  • Using instant verification

  • will have you sign into your bank account

  • to instantly verify.

  • You also have the option to do a manual verification,

  • which involves inputting your bank's

  • routing and account number.

  • This option can take a few days.

  • Once your account is verified,

  • you are ready to send

  • or request money from someone.

  • Press the "Pay or Request" button

  • if you would like to send money to someone

  • or if you would like to request money from someone.

  • Here you will find your list of friends.

  • If you signed up using your Facebook account

  • or gave Venmo access to your phone contacts,

  • you may see friends pulled from these sources.

  • You can search for someone to pay

  • or request money from at the top.

  • Venmo offers several ways to search.

  • You can search people by their name,

  • their Venmo username,

  • their phone number,

  • or their email address.

  • Each Venmo account also includes

  • a unique QR code

  • that can be scanned to make sure

  • you are paying the right person.

  • You can find your username and QR code

  • by clicking on your profile picture

  • in the top left on the home screen.

  • Once you confirm you have the right person,

  • press on their name.

  • Here's where you can set your payment

  • or request for payment.

  • Put in the amount here.

  • Underneath, you can add a payment description.

  • You can also add fun things

  • like emojis and gifs to your payments.

  • Press through the different icons at the bottom

  • to see what is available.

  • To the right,

  • you will see your privacy setting.

  • Pressing that will reveal a menu

  • that allows you to choose who that payment

  • or request will be visible to.

  • You can also change which one of these settings

  • is your default

  • by going to the hamburger menu on the homepage

  • and pressing on "Privacy."

  • There, you will find your default privacy settings.

  • OK, back to our payment.

  • Choose "Pay" if you are sending money to that person

  • or "Request" if you are requesting money from that person.

  • For this example,

  • we're going to choose "Pay."

  • Here, you can see your Venmo balance,

  • which will accumulate as people pay you.

  • Venmo will always use your Venmo balance first

  • as a payment option.

  • And if that balance does not cover the transaction,

  • it will use your bank account

  • or card that you added.

  • To send your payment, press "Send."

  • If you were going to request money,

  • the process is very similar.

  • You would just choose "Request" instead of "Pay."

  • If you'd like to transfer money

  • from your Venmo account to your bank account,

  • go to the hamburger menu.

  • Next to your balance,

  • you will see "Manage balance."

  • Press it.

  • You will see options "Transfer to Bank" and "Add Money."

  • "Add Money" will allow you to transfer money

  • into your Venmo account from a bank account,

  • but we want to move money

  • from Venmo to our bank account.

  • So we're going to choose "Transfer to Bank."

  • Venmo gives two options,

  • an instant transfer that charges a fee

  • and a free option,

  • which can take a few days.

  • To transfer instantly,

  • Venmo will charge a 1% fee up to $10.

  • Choose an amount you would like to transfer

  • and press the "Transfer" button when you are ready.

Here's how to use Venmo,

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How To Use Venmo

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    林宜悉 posted on 2020/11/18
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