Updating Venmo Payment Method

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In this article you will learn how to update your payment method in Venmo.

Venmo is a peer to peer money transfer system that allows you to easily, and instantly, send money to friends and family. Today, I will be going over how you can delete a payment method from your Venmo account, and how to add a payment method.
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1) The first thing you'll need to do is open the Venmo app on your smartphone and then click the menu button, which is the three lines on the top left corner.

​2) Click on Settings.

​3) Click Payment Methods, the second option down.

4) This is the screen where you will either add or delete a payment method.

• To delete a payment method, select the one you want to delete. In this case, I am going to select the Citibank Credit Card.

• ​Next, click the remove button.

• To add a payment method, click Add Bank or Card.

• Next, select whether you will be adding a bank or a card.

• If adding a bank, you have the option to either add it manually or instantly. If you choose to add it instantly, you will need to log in using your bank credentials. If you add it manually, then you will enter your routing and account number, and wait a few days for a small deposit to be made into the account.

• If you will be adding a card, then all you will need to do is enter the card information, which consists of the 16 digit card number, expiration date, security code, and zip code associated with the card.

So that is the basic process of how to update your payment method in Venmo. It's very simple and quick to complete, with the exception of adding a bank manually, which can take a day or two. Keep posted up for more articles and be sure to watch the video if you want to have a clearer vision of the process: ​https://www.youtube.com/watch?v=XlZfCOMiB9w&feature=youtu.be

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