Venmo is an American mobile payment service founded in 2009 and owned by PayPal since 2012.
With Venmo, you can send money to someone and as well accept a payment from them. Venmo is one of the most popular and most used digital options when it comes to online financial transactions.
However, with the increasing diversity of Venmo, you can link or add basically any gift card to your Venmo account, ranging from Visa, American Express, Mastercard gift cards, and the likes.
The nature of gift cards makes it entirely difficult to add on Venmo, compared to the normal bank card.
Adding your bank cards on Venmo could be done with ease, but in the case of gift cards, it takes a different approach and process.
This is because: gift cards come in a one-time usage only. If you check the market, today, there are variants of gift card sellers available, such as MasterCards gift cards, secure spend gift cards, and so on.
Therefore, adding a gift card to your Venmo account may not be as easy as you may think.
Sometimes, you might get your gift card rejected or declined by the merchant issuing the card or by Venmo itself.
This may be as a result of fraud cases or other reasons that might be closely related to fraud activities.
Also, some gift cards might not be supported by Venmo, therefore, making it entirely impossible to add such kind of card on Venmo.
Well, if you have a gift card, and are probably looking for ways to add it to your Venmo, then you are in the right post.
I will be showing you easy steps on how to add your gift card on Venmo with ease.
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How to Add Visa Gift Card to Venmo [all Cards]
Adding your gift cards on Venmo is prone to rejection or declination, if both parties (the gift card issuer, and the Venmo) aren’t in agreement, you might end up not being able to add your gift cards to your Venmo account.
There are several kinds of gift cards available, some are master cards, visas as well as other network branded.
So let’s dive straight into how you can add a visa gift card on Venmo
- Step 1: Open the Venmo app. The Venmo app can be found in several application stores.
- Step 2: Hover to the settings screen, by tapping on the gear icon
- Step 3: Tap the Payment Method under the preference option
- Step 4: Tap on Add Bank or Card
- Step 5: Select Card to add your gift card details
- Step 6: Enter your Gift Card details, like the 16 digits card number, the CVV numbers, and the expiration date.
And that is all, if you have no issues regarding linking a gift card to your account, you should get your gift card added to your Venmo account.
However, successfully adding your visa gift cards on Venmo, may not always end as successful as you may think.
Sometimes, you might get your card declined.
Can I Pay Others With Venmo Gift Card Balance?
With the Venmo gift card balance, you can actually pay others. The gift card comes with its own balance.
Once you have linked your gift card with Venmo, the amount available on your gift card will be open to you for usage.
However, you can’t spend or send more than the amount you have on your gift card.
Whenever you are sending money higher than the amount available on your gift card, the remaining balances will be taken from other linked payment options, like your bank account, cards, and so on.
You can also use the gift card balance to make payments on other platforms, like purchasing accessories from an online store or paying other bills online.
How to Add Money to Venmo Balance
Are you finding out how you can add money to your Venmo balance? Well, you can actually add money to your Venmo account, as long as either your bank account or bank debit card is linked to your Venmo account.
However, if you are using a MasterCard debit card you have a greater chance to add money to your Venmo.
Currently, adding money to your Venmo account can only be possible with the Mastercard debit card, any other card type may end up a fugitive.
If you have the MasterCard debit card and you are yet to link it up with your Venmo account, you can follow the steps below:
- Step 1: Open the Venmo app. The Venmo app can be found in several application stores.
- Step 2: Hover to the settings screen, with a gear icon
- Step 3: Tap Payment Method under the preference option
- Step 4: Tap on Add Bank or Card
- Step 5: Select Card to add your gift card details
- Step 6: Enter your Gift Card details, like the 16 digits card number, the CVV numbers, and the expiration date.
Once you have added your Mastercard card to your Venmo account, you can select it as a payment method whenever you want to add money to your Venmo account using your Mastercard.
It is important to note that, by adding your card to your Venmo account, you will be charged a 3% fee, unless the payment action was actually authenticated by selected merchants by Venmo.
You can also add money to your Venmo balance using your bank account.
All you have to do is to link your bank account to your Venmo account. If you want to link up your bank account with your Venmo, account, you can follow the steps below:
- Step 1: Open the Venmo App
- Step 2: Select the Me icon
- Step 3: Hover to the settings screen, and tap the payment option.
- Step 4: Select Add a Bank of Card
- Step 5: Select Bank instead, in this case.
- Step 6: Choose your preferred verification method.
After getting your bank account linked to your Venmo account, you can begin authenticating payment from your bank account, as well as receiving funds.
To do this:
- Step 1: Open the Venmo application
- Step 2: Tap the Me icon
- Step 3: Choose Add Transfer
- Step 4: Enter the Amount you want to transaction
- Step 5: Choose the bank account you want to use to authenticate these payments.
You must have added a bank account to your Venmo, else, you won’t find any bank account listed.
- Step 6: Double-check the details summary and date
- Step 7: Select Add Money
However, the process of transferring money from your bank account to your Venmo account takes up to three to four working days.
Visa Gift Card Zip Code
The gift card zip code is oftentimes required by Venmo whenever you want to link up your gift card with your Venmo account.
Every gift card contains some information that can help you get the zip code, information like the website of the card issuer.
All you have to do is to hover to the specific website issuing the gift card(You can find the website at the back of the gift card).
This website will require you to register your gift card, by providing basic information associated with the gift card, such as the expiring date, CVV, and card number.
However, when visiting a particular website, it’s essential to be conscious of the site you enter your card details in, in order to avoid entering your card details on a spamming website.
Once you have registered your gift card, you will see an option to update your zip code.
If you have an issue getting your Zip Code, you can contact their Phone representatives.
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Conclusion
Adding a gift card to your Venmo account might be difficult to complete, but it follows simple and easy-to-understand steps.
Once you have your gift card registered, as well as activating it, you can add your gift card on Venmo with ease.
Sometimes, you might be using a gift card from a merchant not supported by Venmo. Well, you won’t be able to link such a card with your Venmo, because it will be declined by Venmo.
If you are having any issues, regarding having your gift card zip code, you can contact the merchant responsible for issuing the gift card.