Venmo
Phone assistance
Monday to Friday from 10:00 a.m. to 6:00 p.m.
Discover, Compare and Quote your Money Transfer with Venmo. National shipping from $5 usd. Send money immediately.
Do you want to send money with Venmo and don't know how? In the following article you will find all the information about this money transfer company that has become very popular because it belongs to Paypal. Discover the different types of services, prices and destinations that the company has to offer you. Venmo is a digital money transfer platform throughout the United States that was acquired by Paypal in 2013 and currently has a community of more than 60,000,000 million users who send and receive money; as well as more than 2,000 affiliated businesses. In general with Venmo you can:
- Send and receive money almost instantly.
- Affiliate your business with the online and physical payment platform.
- Get debit and credit card.
- Buy and sell cryptocurrencies.
Venmo Money Transfer Services and Prices
Venmo is a payment platform that allows its users to send and receive money throughout the United States; as well as, pay in electronic stores or online stores. This will allow you to send money to your family and friends almost instantly through direct deposit. But this is not all! Venmo will also allow you to invest in the Cryptocurrency market , with just $1 USD you can buy Bitcoin, Ethereum, Litecoin or Bitcoin Cash. The different money transfer services in the USA that Venmo offers are the following:
National transfers
With Venmo you can make domestic bank transfers to Venmo users or those who have a traditional bank account in a matter of minutes through a completely free direct deposit. Additionally, you have the option of sending a money order with your credit card linked to the account, but you will be charged an interest rate of 3% on the money order amount. It is important to note that your Venmo account will only allow you to send money to users in the United States , so if you are outside the USA you will not be able to use this payment platform. With this service you can:
- Make transfers immediately with your bank account linked to Venmo.
- Schedule transfers to be effective in 2 to 3 business days. Schedule bill payments.
- Transfer your money to personal or business accounts.
Online payment service
Do you feel like ordering your favorite food at home? or maybe a coffee at your favorite place? and what do you think about shopping in your favorite stores without leaving home? It would be great, right? Within the payment service in businesses or online stores, Venmo will give you the ease of buying physically in businesses that accept Mastercard cards, since you can obtain a Venmo debit or credit card. But, if you don't want to leave home , you can pay for your products online with just one click , and currently more than 2,000 American stores use the Venmo P2P application. With this Venmo payment service you can:
- Buy online at your favorite store.
- Schedule payment of your bills.
- Get discounts and refunds on purchases.
- Expense tracking.
- Secure transactions.
Cryptocurrency Service
Are you in the USA and want to invest in Bitcoin or any other cryptocurrency safely? Venmo allows you to buy digital currencies such as Ethereum, Bitcoin Cash or Litecoin with just $1 USD. As the cryptocurrency business is very volatile, on Venmo you will be able to see how the value of the digital currency changes daily. Therefore, the application guarantees reliability in purchase or sale transactions. Thanks to the Crypto service you will be able to:
- Save on Crypto.
- Invest by buying Ethereum, Bitcoin, Bitcoin Cash or Litecoin.
- Sell safely.
- Monitor the changing digital currency market.
- Make payments in Crypto.
Venmo for business
Do you have a physical store or an e-commerce and are looking for a platform to receive your payments reliably? Venmo currently has an active community of more than 60 million Americans, so having this payment platform will greatly value your business. Allow your customers to become loyal to your products through the Venmo application, as it will allow them to buy from the comfort of their home and those sales will translate into profits for your business. It is no secret to anyone that the digital market is booming, so why not join this trend?
Calculate the Prices of sending money with Venmo
Venmo is a money transfer company with coverage only in the United States, so if you are outside you will not be able to use it. The costs of sending money orders or remittances will depend on how quickly you want to send or receive the money in your account. If you want to receive the money immediately you will have to pay a fixed commission of 1%. But, if you can wait 2 to 3 days it will not generate any type of commission. Now, if you want to quote the money order commissions, at Shipping Info we put at your disposal the costs of sending money with this and other money order or remittance companies in the United States. Below we show you a table with the prices of sending money within the United States.
| Within the USA | From $0.01 to $299.00 | 1.25 USD |
| Within the USA | From $500 to $1000.00 | 10 USD |
*The prices shown by US Packages are for indicative purposes. These may vary depending on Venmo's current interest rates.
Price of the dollar exchange to Mexican pesos
Venmo is a company that has fixed commissions and only carries out transactions in dollars, so it does not support any type of exchange market in another currency. However, if you want to know approximately how much a commission of $10 USD for sending money would cost you in Mexican pesos, it would be about $198 MXN. These calculations are made taking into account the exchange rate from dollar to Mexican peso found on Google and in the different banks of the Mexican Republic. In addition, it is important that you keep in mind that these rates fluctuate and vary constantly depending on the behavior of the dollar in the region.
Check Venmo Giro
Currently, the money transfer company Venmo does not have a tracking platform on its website. However, through its mobile application you can check if the money is available or if it will take 48 to 72 hours to become effective. Now, if you need help to check the tracking of the transfer made, you can contact the customer service number in Spanish (+1) 1-855-812-4430 where they will help you clarify any doubts or complaints you may have about of the platform.
Conditions and Requirements to send money
As in all money transfer and/or remittance companies, you must comply with a series of conditions and requirements that we present below:
- Have a bank account in the USA.
- American telephone number where you will receive short text messages.
- Social Security number.
- Residing in the United States.
What do I need to send money?
To send money you will need:
- Have the Venmo app installed on your phone.
- Have a bank account, credit or debit card linked to your Venmo account.
- Recipient's bank account number or Venmo username.
- Email or phone number of the recipient.
- Have money available in your Venmo account, bank or credit card.
- Indicate the amount to send.
You should keep in mind that if you want to make an immediate transfer, you should keep in mind that Venmo charges a 1% commission on the transfer amount. Likewise, if the money is to be exchanged from the credit card, the commission will be 3%.
What do I need to collect my money?
If you are going to receive money through Venmo you will only need the following:
- Venmo user.
- Phone number.
As you can see, it is very easy and simple to use this money sending platform, you will not need many requirements or wait in long lines to get your money, since the entire procedure is carried out virtually.
Venmo Branches and Customer Service Phone Numbers:
Venmo works as a digital banking entity , so it does not have a physical branch. All services for sending and receiving money will be carried out through its mobile application that you can download on Google Play for Android or in the App Store for Apple devices. Venmo has the following number for customer service in Spanish: 855-812-4430. Its opening hours are Monday to Friday from 10:00 a.m. to 6:00 p.m. In addition, it has an email where you can send complaints, questions or suggestions: [email protected].
Frequently asked Questions when sending money
How much does Venmo charge to send money?
Transfers made with a Venmo balance or through the linked bank account are free ; If the money sending time is within 2 or 3 days. Now, if you need the money to be cashed instantly, Venmo will charge you 1% of the transfer amount as a commission.
How does Venmo work?
Venmo works as a virtual platform to send and receive money , make purchases in physical stores or online. Additionally, you can get a Venmo credit and debit card to use at businesses linked to the app.
How secure is the Venmo app?
Venmo is an application that has belonged to Paypal since 2013, so its transactions are reliable, transparent and secure.
What documents does Venmo require to verify my identity?
To request a debit or credit card, Venmo will ask you for the following documentation:
- US passport.
- Driver's license.
- US government-issued ID
- Social Security Card.
