Venmo can be said to be one of the most used mobile payment applications. Aside from the fact that it created a modern and easier way of transacting, it also has a feature that allows it to use connect prepaid cards with your Venmo account.
If you want to know what prepaid cards work with Venmo, then this article is for you.
What Prepaid Cards Work With Venmo?
A prepaid card is not linked to any bank account, they are just network branded and they also have to be registered to your name. Venmo can connect to multiple card types, ranging from credit cards to debit cards and also prepaid cards.
The four major prepaid network providers are Mastercard, Visa, American Express, and discover, but which of them works with Venmo?
Here are some potential ones.
- Vanilla gift card by visa
One of the more well-known Visa prepaid cards that are offered is undoubtedly this one. Using a mobile wallet, you can utilize it as a contactless payment method.
Additionally, you can modify the card with any original image, which makes it a fun present.
- Paypal prepaid by MasterCard
This gift card enables direct use of the PayPal account balance on the Venmo app. You would also benefit from a variety of MasterCard cashback features.
- Multiple prepaid Mastercard
Your Venmo account can be used to make payments with several prepaid MasterCards.
They can be issued by some well-known issuers, such as Brinks or Net Spend, and since they typically have low fees, using them is highly effective.
How To Add a Prepaid Card To Your Venmo Account
It’s critical to understand how to add prepaid cards to your Venmo account after understanding which cards are compatible with the service.
Installing the app on your phone is the first step if you’re a new user of Venmo. Once you’re ready to add any type of payment method, such as a bank account or a particular card, you’ll need to finish the app’s identity verification process.
It is required by law that all information be accurate and current; otherwise, future financial transactions involving you may become complicated and problematic.
Here is a step-by-step guide to adding a prepaid card to your Venmo account.
- Open the Venmo app. You begin by opening the app and clicking on the menu button, which you will find in the top left corner of the app.
- Then you tap “settings” under “preferences” in the settings menu, tap “payment methods”, and the second item is down.
- Press ‘payment methods’. There you will be redirected to the page where we have all the payment methods that are currently available on your ”add bank or card” button.
- Press the ‘add card’ button.
- A page will pop up after clicking on the ‘add card’ button. It will ask you to fill in the details of the prepaid card you want to use. Fill in every detail carefully.
- To make the process easier, there is a camera button next to the ‘card number field. Click on it and snap the prepaid card image. The Venmo app will automatically fill in the details.
- If the card is registered to an address, fill in the address’s zip code. But if the card is not registered to any address, it should not be an issue.
- Finally. After filling necessary details, tap on the add b button to finalize the process.
There are instances, however, where the cards might not work, just as there are with specific circumstances. There might be a cause for this.
What Should I Do If Venmo Isn’t Accepting My Prepaid Card?
Even if you are aware of the compatible prepaid cards with Venmo, you could still run into issues while trying to link your prepaid card to the Venmo app.
One of the possible explanations is that the payment was refused due to insufficient funds or as a result of a Venmo app fraud prevention policy.
Furthermore, it is made very apparent in the terms and conditions for using prepaid cards that the card must be registered under the same name as the account.
Venmo will reject the card if there is an issue and you have not complied with the standards set forth by Venmo.
Is Using A Prepaid Card On Venmo Safe?
Yes, using a prepaid card on Venmo is safe. Venmo is a subsidiary of PayPal and PayPal is dedicated to security. Your Venmo transactions’ integrity is safeguarded by the reliable encryption and monitoring technology of PayPal.
By using unique QR codes, the program guards against delivering money to the incorrect person. Scan the “Venmo Me” QR code with your phone’s camera centered over it to be sent to the recipient’s profile page, where you may add them as a friend and ask for or donate money.
Your QR code can be sent to friends via email or text message.
What Are The Alternatives To Using Prepaid Cards On Venmo?
Another alternative to a prepaid card on Venmo is a Venmo debit card.
Venmo has its card, the Venmo Mastercard Debit Card, which is also important to note. It enables rapid money transfers from verified bank checking or savings accounts to Venmo accounts. Additionally, adhere to these instructions to transfer funds from your checking or savings account to your Venmo account:
- On your mobile device, launch the Venmo app and select “Manage Balance.”
- To send money to your Venmo account, enter the desired amount.
- Whether it’s a checking or savings account, decide where you want the money to come from.
- Examine the particulars of the transaction. After that, click “Add Money.”
You can use Venmo’s Cash a Check service to deposit checks into your Venmo account by taking pictures of the front and back of your checks if you have a Venmo card or have previously performed a direct deposit.
Without identity validation, which in Venmo’s case can only be attained by possessing a Venmo card or setting up a direct deposit, you won’t be able to use the Cash a Check service.
Also, keep in mind that Venmo’s approval time for checks might be up to an hour or longer. Venmo will let you know when a check is accepted. If so, you’ll need to write “VOID” on the front of the check, snap another picture of it, and upload the image to Venmo to finish your deposit.
Additionally, there is a cap on the amount you can deposit through checks.
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In conclusion, if you’re wondering which prepaid cards are compatible with Venmo, Venmo is compatible with almost all network-branded prepaid cards.
As long as it is registered in your name, you can add any Visa, Mastercard, Discover, or American Express card to Venmo without any issues.
Venmo or the card issuer may reject prepaid cards due to fund availability or security concerns like fraud protection.
Contact Venmo’s customer care if your network-branded prepaid card is rejected to find out why it was denied and what you can do about it.