How to set up Venmo on desktop

Venmo is a mobile payment service whose owner is PayPal. It works in the U.S., so the sender and receiver both should be in the U.S. It involves peer to peer transfer. PayPal introduced it in January 2018 because of several defects in old money transfer methods. For example, wire transfer may take three to four working days. But using Venmo, one can deposit money into their debit cards in just 30 minutes with only a 1% deduction. Users just have to make an account on the Venmo website or mobile app and can link to your bank account, credit, or debit cards to your Venmo account.

See also: How to set up PayPal personal account

 Setting up the Venmo account

The Venmo account can be used to transfer money with your loved ones, friends, business partners, etc. If you have a Venmo account then you just need to sign in to your account by typing the link https//:, there you will see an option to sign in.

If you don’t have a Venmo account then, create an account first by Sign up button by entering your information into it. You can sign up with the help of a Facebook account or your email address. In case of sign up with Facebook, you will be able to find your friends directly.  If you sign up with your email address, you can link your account to Facebook later. Here’s the method to sign up;

  1. Signing up

After entering all the information, you will get a confirmation message from Venmo which contains a security code. A browser window appears to verify your phone.

If you have signed up with Facebook then a window appears to log in to your Facebook account. Follow the given instructions given, to sign to your Facebook account.

  1. Enter the security code

You will find a security code in the text message received from the Venmo team. Copy the code from the text message and paste it on the browser window and click on the “Verify the Code” button.

  1. Verify the code

Code verification is the most important step. If the code was entered correctly then, your account would be verified. If not, then click on the Resend Code button, to try again.

  1. Change phone number

If you want to try another phone number, to have a security code, then click on the Change Phone Number button.

  1. Welcome to Venmo

Now, a new browser window opens to welcome you to your Venmo account. This window will direct you to the Venmo homepage where you can add your contacts and adjust your settings accordingly.

You can also use your Venmo account on a mobile phone through an app.

  1. Link it to your bank account

After loading the account, select the Settings button, then Bank and Cards menu and then select the Link Bank Account button. You can also select credit or debit cards.

  • If you want to enter card’s information, then click on Add Card
  • In case of Bank account select your bank account.

Now your Venmo account will be linked to your bank account or credit card.

  1. Send and receive money

You can send money by a white field at the top of the page where you can enter, name, phone number, or email address of your recipient. Click on Pay or Charge and enter the amount.

  1. Withdraw money

In order to withdraw money, scroll down to the bottom of the page. If your account balance is positive then, you will get a button “Transfer to Bank”.

Type the amount you want to transfer, add your bank account and click Transfer.

This process generally takes about a single business day.

Using Venmo account money

You can use the money in your Venmo account in two ways: if someone has transferred you some money, you can keep it as Venmo account balance, for future transactions or you may also send it to your bank account as well.

Mini-Social System

Venmo offers a mini-social system to its users besides many other benefits like easy and timely payments. You are able to see your charges and those made by your friends.


Venmo is secure to use. In order to protect its customers from unauthorized access of personal data, Venmo company use “bank-grade security systems and an end to end encryption”.