Venmo

Venmo

PayPal, Inc.

50M+
4.5
Category: Finance
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Venmo: Share Payments

Venmo is the fun and easy way to pay and get paid. Split dinner, rent, or concert tickets with friends and add a note to each payment to share the moment.

Venmo Features

  • β€’Social Feed: See what your friends are up to (or keep it private).
  • β€’Venmo Debit Card: Spend your balance everywhere Mastercard is accepted.
  • β€’Crypto: Buy, hold, and sell cryptocurrency right in the app.
  • β€’Instant Transfer: Get your money to your bank account in minutes.

Editor's Review

Venmo made peer-to-peer payments social. It's practically a verb now ('Venmo me'). The interface is user-friendly and perfect for splitting casual expenses. While the social feed isn't for everyone (you can turn it off), the core functionality is solid. Just watch out for fees if you use credit cards or want instant transfer to your bank.

Who is this for?

Friends, roommates, and social groups who frequently split bills for dining, travel, or entertainment.

🐡

Pros

  • βœ“Social aspect makes paying fun
  • βœ“Widely accepted
  • βœ“Split bill functionality is excellent
  • βœ“Offers a debit card option
πŸ™ˆ

Cons

  • βœ—Privacy settings default to public
  • βœ—Fees apply for instant transfers and credit card payments

How to Split a Bill

  • β€’Open Venmo and tap the 'Pay or Request' button.
  • β€’Add the username, phone, or email of the person(s) you are charging.
  • β€’Enter the amount and a note (e.g., 'Pizza').
  • β€’Tap 'Request'.
  • β€’They will receive a notification to pay you back.

Verdict

The king of social payments. Essential for millennials and Gen Z for easy bill splitting.

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