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Kiplinger
Kiplinger
Business
Erin Bendig

Can You Use a Credit Card on Venmo? Fees, Security and More to Know

A woman using her smartphone.

Like other peer-to-peer (P2P) payment apps, Venmo makes sending money to family, friends or businesses convenient, quick and secure. Whether you're paying back your share of last night's dinner bill or sending money to a nephew on their birthday, "venmoing" someone lets you easily transfer cash from your bank account to theirs.

When setting up an account with Venmo, you link and verify a bank account from which your digital payments will be sent.

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