How to Use a Credit card on Venmo

How to Use a Credit card on Venmo

Venmo is another mobile-based digital payment platform used primarily for the purpose of sending, requesting, and receiving money from friends and family. The platform is owned by PayPal, and as PayPal, users believe they should be able to add their credit card to the platform. Well, the good news is that Venmo allows users to link and use major credit cards (including Visa, Mastercard, AmEx, and Discover) for payments, often featuring a social feed for transactions. Once a credit card is linked to a Venmo account, the account holder will be able to use the credit card to pay for goods and services in the shops of Venmo's authorised merchants. In addition to credit card linkage, bank accounts and debit cards can also be linked to a Venmo account. However, it's important to let you know that if you link a credit card to your Venmo account, a 3% transaction fee will be applied. But sending money via a bank account or debit card is generally free. How to add a credit card to Venmo T…