As the world is changing, so do the methods of payment. In medieval times, there were barter systems. Then came the age of the coin. Then came gold and silver coins. Then came the paper notes, but evolution does not stop there. Today, the world is shifting towards cashless payment options that are through digital methods such as card payments, online transfers, etc. At this time, there is Venmo, which is a popular payments app that allows a user to transfer money without any cards. Let us know Store That Accept Venmo.
Venmo is one of the most popular payments sharing applications, particularly for sending money to people to divide a bill or pay off a debt. It’s as simple as linking your bank, debit, or credit card accounts.
Store That Accept Venmo
As digital payments are making their way ahead in payments, Venmo is also a digital payment service that allows a user to send and receive money in very little time. It was started with a motive to allow smooth transactions between families and groups, which were added to this app, but later it became a payment app through which a person could send and receive money without adding contacts. Then they started using their credit and debit cards as a payment gateway to make the experience smoother.
Currently, the stores that accept Venmo as a payment option are
Retailers that accept Venmo payment through their app.
Hollister, Hulu, Jane.com, Uber Eats, Urban Outfitters, Forever 21, Foot Locker, Grubhub, etc.
Stores that accept Venmo credit and debit cards.
Adidas, Amazon, Nike, Walmart, etc.
How Does Venmo Work?
Venmo is a cashless transaction app that allows users to make payments through their app or with their debit or credit card.
As it is a US-based payment gateway, Venmo can only be used in the US.
Users can also make payments through their app; they just need to scan the QR-Code at the store or whoever they want to pay.
- The Venmo app has features through which bills are split and payment split options are available.
- Payments to merchants such as Amazon and others can be done through their app.
Fees For Using Venmo
Venmo does not charge its customers for their services directly. There are not any charges for annual or monthly subscriptions.
However, there are charges for some premium services that are:
- Money transfer to someone else using a Venmo card. On such transactions, the company charges around 3% to 4%.
- For money withdrawal facilities using Venmo cards, the company charges 5% for one month and after the due date, the company charges around 15.5% to 18%.
- The cryptocurrency company charges around 2.3%.
- For the fast transfer to anyone not using Venmo, the account company charges 1.5% on such transactions.
Stores that accept Venmo
As Venmo is a new concept payment option that does not require any linked accounts with their services, the payments are mainly done through their app. They offer credit and debit cards, but their payment gateway is not as secure as app payments.
Stores that accept payment through the Venmo app are
Many retailers accept payment through the Venmo account and they are
- Forever 21
- Jane.com
- Uber Eats
- Poshmark
- Seamless
- Urban Outfitters
- Abercrombie & Fitch,
- Foot Locker
- Hollister
- Hulu
Customers can make payments using their Venmo app. All they need to do is to scan the store’s payment QR codes and then make payment through their Venmo app.
Stores that accept Venmo payment through their debit and credit cards.
As Venmo also offers their customers their credit and debit cards, payments can also be done through their app. But, payments through their cards are not accepted at every store. There are very few stores or companies that accept Venmo cards as a payment option, and they are:
- Samsung
- Wayfair
- Nordstrom
- Nike
- Macy’s
- Kohl’s
- Home Depot
- Adidas
- Amazon
- Coach
- The North Face
- Walmart
These are the companies that accept Venmo credit and debit cards as their payment options.
Venmo Reviews
Services
Venmo services are easy and convenient to use, as the app experience is smooth and hassle-free. It is very easy to make a Venmo account. All a customer needs to do is to sign up using Gmail or a phone number.
Payments
The payments that are made through Venmo are quick and convenient. The payments are fast and hassle-free.
Customer Services
Customer grievances are handled with expertise and every query is solved.
Rating
The IOS app rating is 4.9 out of 5 and the Android app rating is 4.4 out of 5.
Conclusion
Venmo is a digital payment gateway option that offers its customers the ability to make payments through their app, as well as credit and debit cards. These are accepted at very few retailers and stores. The experience of using Venmo is smooth and hassle-free. The charges for using Venmo are very low as compared to other credit cards.
