Online Casinos That Accept Venmo

  

Venmo PayPal represents an act of diversification from the world’s best-known eWallet provider. Here, the intention is to explore how it works and what the benefits might be.

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Making Venmo Payments Online

Venmo was receiving a gradual roll out in North American during late 2017. For new adopters, there are still key issues such as where is Venmo accepted / who takes it. The focus is very much on mainstream retailers, so don’t except to be gambling with Venmo in the near future – just stick with PayPal casino deposits for now.

What is Venmo?

In explaining Venmo, it is essentially a new eWallet that can connect with PayPal, debit/credit cards, or bank accounts. Of course, there are other considerations relating to what exactly this is.

P2P Payments

Venmo offers the capability for completing person-to-person payments in a more streamlined way than PayPal. Through the Venmo mobile app, users shall be able to complete P2P / peer-to-peer payments. These can be for personal transactions between friends or else to split bills in cafés and restaurants.

How it Works

Now that the basics have been explained, it is worth seeing how to get started and whether the process differs greatly next to PayPal and other eWallets:

  1. Create an account: A new user can visit the Venmo site and create an account through signing up via PayPal or submitting their email address.
  2. Download the Venmo app: Venmo has created apps that are downloadable through the App Store or Google Play.
  3. Add a payment method: After setting up the account, you then need to verify your bank account or credit/debit card through completing a micro transaction.
Venmo

Where is Venmo Accepted?

Online Casinos That Accept Venmo Accounts

As of late 2017, Venmo can only be used by US residents, who must also have a US cell phone number. In addition, users must also hold a valid US bank account. There is currently no word on whether Venmo shall be opened to UK / international / countries anytime soon, but there is already stiff competition waiting.

What Are the UK Venmo Alternative?

The UK does not currently have access to Venmo, but there are already alternatives that Venmo will have to contend with if the eWallet does enter the marketplace:

    • Paym: Users have the ability to make mobile bank transfers without having to enter an account number of sort code. All that will be required is the person’s mobile phone number.

Online Casinos That Accept Venmo Transaction

    • Circle: eWallets can come with frees from using payment methods to fund them, but Circle is a mobile app promising to send money like a text message and without frustrating fees being added on.
  • Verse: The Verse mobile app is available now via the App Store and Google Play. Those who install Verse shall have the power to make instant mobile payments in the same timeframe as sending a text.

Who Accepts Venmo Online

Venmo highlights how digital payment providers are constantly trying to evolve the process to become more efficient, but there is no telling whether or not this will ever be suitable for online gambling.

On Tuesday, PayPal, the company that owns Venmo, the company whose brilliant idea was simply adding emojis to payments, announced that Venmo users could buy products at some 2 million retailers in the United States, starting this week. 💰!

Sites That Accept Venmo

In a blog post announcing the news, Venmo puts it plainly: If you’re shopping online and you see a PayPal button, you might be able to use Venmo just as easily. So why not just use PayPal? Well, the reasons are unscientific at best. It might be cultural and generational — PayPal is old and doesn’t have emoji and many don’t use it to settle the bill for brunch like they do with Venmo — but for whatever reason, Venmo will be another option for online purchases. Simply click it and you’ll be redirected to the Venmo app (make sure you are running the latest version) where you’ll make your payment for whatever it is you bought online.

You can split payments for things with friends, and yes, include emojis, too. (Venmo uses a purchase from Foot Locker split between two friends as a gift for a third friend as an example).

“Download to pay, split and share” is the slogan.

Online Casinos That Accept Venmo Debit Cards

But with the news comes a catch that might slow Venmo from being adopted by retailers as fast as it was with consumers: Ben Mills, head of product, at Venmo, told Reuters that company will charge merchants a fee for processing Venmo payments. Perhaps optimistically, Mills said the Venmo’s appeal could increase sales, off-setting any fees. (Maybe!)

The social aspect of Venmo will also take on a new feel with the update. Instead of a newsfeed of your contacts paying each other and using ☕, 🎟️, or just “rent,” you’ll see where your a friend shopped or split a payment for some online purchase.

A full list of retailers that will accept Venmo payments for online purchases hasn’t been released, but Reuters reports that Foot Locker, Lululemon Athletica Inc., and Forever 21 are among them. Also on the list, White Castle 🍔 and Delivery.com, among other outlets.

Venmo seems to be pushing for its users to advocate that businesses accept the emoji-laden app as another form of payment with this call to action on its website, #acceptvenmo.

Online Casinos That Accept Venmo

Also on the horizon for Venmo: The company will reportedly soon allow customers to instantly transfer their Venmo balance to their bank account (now, it could take a few days), for a $0.25 fee. Competitor the Cash App has had this instant-transfer feature for a while, but opts instead to charge 1 percent of the total balance as a fee.

See alsoShould You Use Paypal or Venmo?