Venmo began as a text-messaging-based payment delivery system in 2009. Venmo created a platform that linked social networks in March 2012 to profit from the expanding peer-to-peer (P2P) economy. Venmo was purchased for $26.2 million by Braintree, the mobile payment system used by Uber and Airbnb.
When PayPal Holdings Inc. purchased Braintree for $800 million and swiftly monetized Venmo’s user base, Venmo saw a huge surge in users less than a year later.
The Venmo debit card was launched in 2018, allowing users to pay each other with linked debit cards, credit cards, or bank accounts.
Venmo Debit Cards aren’t like standard debit cards in that they don’t take money from your bank account. Purchases made with the Venmo Card are instead deducted from your account balance. However, to transfer funds to that sum, you must have a connected account.
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How to activate Venmo Debit Card?
Venmo, like other payment platforms, allows clients to use their debit cards. If you recently acquired a Venmo debit card and want to activate it, you’ve come to the perfect place.
By login into your Venmo account or phoning the Venmo contact number, you may effortlessly activate your Venmo debit card. When activating the Venmo debit card, make sure it’s constantly close at hand.
The activation of a Venmo card is a simple and uncomplicated process. You can activate your new card online using your phone after receiving it. These are the easy actions to take:
- On your phone, open the Venmo payment app.
- At the far top-left corner, press the menu tab (three horizontal lines).
- Now scroll down the screen until you see the Venmo card option and tap it.
- Touch the “Activate” button that appears right here.
- Now you’ll need to enter the card’s expiration date.
- Also, insert the card and CVV number in the appropriate fields one by one.
- The next step is to generate a Venmo PIN. Enter a four-digit PIN and double-check it by typing it again.
- “Your Venmo card has been activated,” you’ll get a notification now.
- If you want to add money to your Venmo card, press the next button.
Activate Venmo Card via phone
Follow the steps below to activate your Venmo debit card over the phone.
- Turn on your phone.
- To make a phone call, select an app.
- Look on the back of the card for the Venmo official number.
- Enter your phone number into Venmo.
- You must ensure that you have enough money in your account to make the call.
- Talk to a representative about your question once you’ve connected your Venmo call to your phone.
- To activate your Venmo debit card over the phone, agents may ask for information such as your Venmo Card number and other details.
- Finally, you’ll receive a phone call confirming that your Venmo debit cards have been enabled.
Activate Venmo Card via QR Code
Simply use your phone’s camera to scan the QR code on the front of your Venmo Credit Card to activate it. You can also utilize the Venmo app’s QR code scanner. If you prefer to activate by phone, dial 855-890-6779 for Synchrony Bank.
What is a Venmo Card?
Venmo Card works like a debit card. It’s accessible via Mastercard’s network. Currently, the Venmo Card can only be used in the United States.
Venmo can be used at any merchant that accepts Mastercard. Venmo cards are free to apply for, and some cash-back possibilities are available, such as 5% cashback at Target.
Venmo will request personal information from you. This includes your last four digits as well as your current address. You can track your purchases and split costs with Venmo buddies once you’ve been approved for a Venmo Card and got it.
If your Venmo card is lost or stolen, you can temporarily disable it and then re-enable it once it is discovered.
How to apply for Venmo Card?
If you want to learn how to get a Venmo debit card, follow the procedures outlined below. Do not skip any stages to avoid the cancellation of your request.
Step 2: Following that, select the menu symbol in the top left corner, which looks like three horizontal lines.
Step 3: Next, select “Venmo Card” from the drop-down menu.
Step 4: A screen appears explaining all of the capabilities of Venmo cards. At the bottom, click the “Get the Venmo card” button.
Step 5: You will then be asked to select a Venmo color. There are a variety of colors to choose from, including white, yellow, and pink, as well as green, blue, and black. Choose your preferred color option, then click “Next” in the upper right corner.
Step 6: Finally, type your first and last names. Then press “Next.”
Step 7: Venmo will ask for your last four digits as well as your date of birth. Please read the terms and conditions before clicking “Next” after you’ve finished this.
Step 8: To mail your Venmo Card, enter your address. Then type it in and click “Next.”
Step 9: You’ll then be asked if you want your Venmo card to be automatically replenished if it reaches a low balance. Also, from which bank account do you want to make the withdrawal? After choosing and selecting an already-connected bank account, click “Next” at the bottom.
Step 10: At the bottom of the page, click “Submit”
After reviewing your information. Venmo will verify your identity and put your Venmo Card “in production” if you are accepted.
It will display the card’s destination address as well as the projected delivery date, which is normally within five to seven days. You will receive a confirmation email in your mailbox.
How to add money to a Venmo Card?
After you’ve activated the card, you’ll need to fund it to get the most out of it. The easy steps are as follows:
- On your phone, open Venmo.
- Select the “Manage balance” option from the menu button.
- Now select “Add Money” and enter the desired amount.
- Select your bank and then the “Add Money” button once more.
My Venmo Card is Lost / Stolen, what should I do?
If you’ve misplaced your Venmo card or it’s been stolen, the first thing you should do is disable it. You can immediately block your card using the Venmo app. In settings, you’ll find an option to disable your Venmo card. You can also report the theft to Venmo Customer Service 24 hours a day, 7 days a week.
Venmo Card Cash Back
The official rewards program for Venmo Debit Cards was launched in October 2019.
When you use the Venmo Debit Card with Dosh, the third-party cash-back platform that maintains Venmo Benefits, you can now get instant cashback rewards when you make purchases at eligible merchants. When you make an eligible purchase, your rewards will be automatically placed into your Venmo account.
Venmo App merchant incentives are only available for a limited period.
If you don’t have the Venmo Debit Card, you won’t be able to take advantage of these deals. The amount of cashback varies based on the promotion, and there may be a cap on how much money you may earn.
Venmo gives 5% payback on previous purchases made at Target, Wendy’s, and Sephora.
Where can I use my Venmo Debit Card?
You can use Venmo Debit Card everywhere Mastercard is accepted in the United States.
Though, International merchants cannot accept Venmo or Venmo Debit Cards.
The Venmo Debit Card is only valid in the United States and its territories.
Even if you place an order online from the United States, Venmo and Venmo cannot be used.
Venmo Card Security Protection
Zero Liability Protection is included with the Venmo Debit card.
It means that any unlawful transactions will not be your responsibility. You can report a stolen or lost card to Mastercard Global Service and receive an emergency replacement.
As long as Mastercard ID Theft Protection is turned on, it monitors your credit file and informs you of any unusual behavior. If you lose the card, you can disable it or enable it on the Venmo App.
Venmo also has its own set of safeguards. Purchases made with the Venmo Debit Card at authorized merchants are covered in full (including shipping expenses) under the Protected Purchase Program in certain circumstances, such as if you did not get the item or if the item does not match its original description.
For the time being, that’s all there is to it.
We briefly addressed how to receive a brand new Venmo card and balance in this helpful article. Also, don’t forget that Venmo Customer Support is always available.