How to Pay Using Your Venmo Balance on iPhone and iPad: A Step-by-Step Guide

Paying with your Venmo balance on an iPhone or iPad is a simple, secure way to make transactions without the need for cash or cards. Start by opening the Venmo app, choosing the payment option, and selecting your Venmo balance as your payment method. Confirm the payment details, and you’re all set!

After completing the payment, the specified amount will be deducted from your Venmo balance, and you will receive a confirmation notification. The recipient will also be notified, and the transaction will be recorded in your Venmo history.


Venmo has become an integral part of digital transactions, making splitting bills and sending money to friends as easy as sending a text. It’s particularly popular among iPhone and iPad users, who enjoy the convenience of paying directly from their devices. But what about when you want to use your Venmo balance instead of a linked bank account or card? Knowing how to pay using your Venmo balance on your iPhone or iPad is essential, especially when you want to keep your bank details private or if your balance has some extra funds from a recent reimbursement.

Paying with your Venmo balance is not only convenient but also a quick way to handle your transactions. This feature is particularly useful for those who frequently receive payments on Venmo and prefer to use their accumulated balance for subsequent payments. Understanding how to use this feature can save you time and make your payment process smoother.

Step by Step Tutorial on How to Pay Using Your Venmo Balance on iPhone and iPad

Before diving into the steps, it’s important to note that this tutorial will guide you through using your Venmo balance for payments, bypassing the need to use a linked bank account or card.

Step 1: Open the Venmo app on your iPhone or iPad

Start by opening the Venmo app on your device.

The Venmo app is usually found on your home screen, but if you can’t find it, simply swipe down on the home screen and use the search bar to locate it.

Step 2: Tap the “Pay or Request” button

Once the app is open, tap the “Pay or Request” button to initiate a payment.

This button is usually found at the bottom right of the Venmo app interface.

Step 3: Enter the recipient’s information

In the provided fields, enter the recipient’s username, phone number, or email.

Make sure you have the correct recipient details to avoid sending money to the wrong person.

Step 4: Enter the payment amount

Type in the amount you wish to pay the recipient.

Double-check the amount to ensure accuracy and avoid overpaying or underpaying.

Step 5: Select your Venmo balance as the payment method

Beneath the amount, tap on the payment method and choose your Venmo balance.

If your Venmo balance is insufficient, you’ll need to add money to your balance or choose a different payment method.

Step 6: Review and confirm your payment

Before confirming, review all the payment details to ensure they are correct.

Once you’re certain everything is in order, tap the “Pay” button to complete the transaction.


ConveniencePaying with your Venmo balance is incredibly convenient, especially for on-the-go transactions. It allows you to make payments without the need to carry cash or cards.
SpeedTransactions made with your Venmo balance are typically processed instantly, which means the recipient gets the funds without any delay. This is particularly helpful in time-sensitive situations.
SecurityWhen you pay using your Venmo balance, you’re not sharing your bank details with the recipient, which adds an extra layer of security to your transaction.


Limited fundsIf you frequently rely on your Venmo balance to make payments, you might find yourself with limited funds, especially if you don’t regularly receive money on Venmo.
Potentially confusingFor new users or those not familiar with the app, finding and using the Venmo balance option might be confusing or not immediately intuitive.
Dependence on the appIf there are any technical issues with the Venmo app or if you lose access to your device, you won’t be able to access your Venmo balance, which can be inconvenient in times of need.

Additional Information

When using your Venmo balance on an iPhone or iPad, it’s also worth mentioning that you need to have the latest version of the Venmo app installed. Outdated versions may not support certain features or could have bugs that hinder the payment process. Always ensure your app is updated for the best experience.

Moreover, if you’re planning to use your Venmo balance for larger purchases, keep in mind that there are transaction limits. You’ll want to check these limits beforehand to prevent any hiccups during the transaction. Venmo also offers the option to transfer your balance to your bank account, which could be a smart move if you’re looking to free up some funds.

Lastly, if you’re someone who likes to keep track of your expenses, the Venmo app provides a great transaction history feature. This allows you to review past payments made with your Venmo balance, which can be helpful for budgeting and monitoring your spending habits.


  1. Open the Venmo app on your device.
  2. Tap the “Pay or Request” button.
  3. Enter the recipient’s details.
  4. Input the payment amount.
  5. Choose your Venmo balance as the payment method.
  6. Review and confirm the payment.

Frequently Asked Questions

What if I don’t have enough funds in my Venmo balance?

If your Venmo balance isn’t sufficient, you’ll need to add funds or choose an alternative payment method linked to your account, such as a bank account or credit card.

Can I use my Venmo balance to pay businesses?

Yes, you can use your Venmo balance to pay participating businesses that accept Venmo as a payment method.

Is there a fee for using my Venmo balance for payments?

No, there is no fee for using your Venmo balance to make payments to friends and family. However, certain transactions, like instant transfers to your bank account, may incur fees.

How do I check my Venmo balance?

Your Venmo balance is displayed at the top of the app’s main screen. You can also check your balance by tapping the “☰” icon and selecting “Balance.”

Can I increase my Venmo balance limit?

Venmo has set limits for transactions and balance amounts, which can be increased by verifying your identity in the app’s settings.


Paying with your Venmo balance on an iPhone or iPad is a game-changer in the world of digital transactions. It’s a swift, secure, and convenient way to settle payments, whether you’re splitting a dinner bill or reimbursing a friend for concert tickets. With a few taps, you can make use of the funds already available in your Venmo account, keeping your bank details private and your transactions fuss-free.

Remember, keeping your app updated, being aware of your balance, and understanding the transaction limits will enhance your Venmo experience. Utilize the prompt’s steps and additional information to make the most out of your Venmo transactions. Whether you’re a Venmo veteran or a newbie, mastering the art of paying with your Venmo balance is a valuable skill in today’s tech-driven society.