How To Accept Venmo Payment (How To Receive Money Using Venmo). In this video tutorial I will show how to accept Venmo payment.
Link your bank account or debit card.
Linking your bank account or debit card after signing up for a Venmo account lets you transfer money to your account. This is vital for receiving money on Venmo. Proceed to add an account under Payment Methods. Follow the prompts, adding the needed information as you go. Venmo will verify your account, and voila! Your Venmo is ready to receive payment.
Share your Venmo username or QR code:
With your account set up, share your username with the sender. They'll use this during the transaction. You can also generate a QR code on the app, which the sender will scan to make payments. Follow these steps to create a QR code:
- Tap your profile picture in your Venmo app.
- Navigate to the QR code icon and tap “share.”
- Select the method you’d like to use. Alternatively, print the QR code.
- Test this code before displaying it at your business or event.
Have the sender scan this code for quick transactions.
Request payment
Another way to accept payment on Venmo is to request it. Here’s how to go about it:
- Log in to your Venmo account.
- Select pay/receive.
- Find the name of the person you want to request payment from.
- Key in the amount and add a reason.
- Send the request.
- If the person accepts the request, you’ll receive the amount in your Venmo account.
Confirm payment.
You will receive a notification once someone pays you on Venmo. Open your app and navigate to the bottom. You'll see an icon of a person with a dollar sign behind them. Click this to view the payment. You could leave the money in your Venmo account or transfer it to your bank account. For bank transfers, click "transfer to bank" or "transfer money," key in the amount, and complete the transaction.
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