bank account, credit card or debit card to initiate payments exceeding your Venmo balance. If you have access to a Venmo account with a balance, you must add a U.S. bank account, credit card or debit card to initiate payments. If you don’t have access to a balance in a Venmo account, you must add a U.S. bank account or a debit card that can be used for instant transfers of money. If you want to transfer money from your Venmo account to your bank account, you need to have a U.S. Be at least 18 years old (in most cases).cell phone that can send and receive text messages using short codes in the U.S., short codes are five- or six-digit numbers for texting Venmo has three main requirements for using the app. Venmo’s app works on iOS and Android devices. ![]() Receive price alerts about four types of cryptocurrency (Bitcoin, Ethereum, Litecoin and Bitcoin Cash) that you can buy, sell or hold through Venmo.Sign up for direct deposit for your paycheck to go straight to your Venmo account, up to two days earlier than your usual payday.Cash certain checks after you’ve verified your identity by applying for a Venmo debit card or setting up direct deposit. ![]()
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