In the world of online casinos, there are so many payment methods to choose from. If you’re a keen Venmo user, you may be wondering whether it’s an option for playing your favorite casino games.
And that’s no surprise. After all, Venmo is a trusted digital wallet and is popular for all types of internet transactions, in large part because it’s convenient and secure. So can you pay with Venmo at online casinos in the US? Well, you can in conjunction with PayPal, so we’re going to explore how this works and how to take advantage of it.
First, the bad news: at the time of writing, there isn’t exactly a wide selection of online casinos that accept direct payments from the Venmo app per se. This, however, isn’t necessarily a cause for concern. Venmo is owned by PayPal and there sure are a wide number of operators in the US that accept PayPal.
What this means is that you can use Venmo as a payment option via the PayPal checkout screen, just as you could pay online casinos with Visa or Amex cards through the same portal. It’s a bit of a workaround, but it’s really simple to do. And it does mean that this opens up the possibility of using Venmo with the many high-profile brands that accept PayPal.
For example, two of the biggest names in online gambling, BetMGM and Caesars, accept PayPal. This means you can use Venmo to fund your account there and take advantage of the cutting-edge gambling tools on offer, as well as a myriad of the latest titles in online gaming. Venmo for online payments? No problem.
Any casino site that takes Venmo via PayPal will normally process deposits and withdrawals in a similar fashion to what is displayed in the table below:
|Limits||Typically $10||$10 up to $400 per day|
|Timescales||No more than three working days||No more than three working days|
|Fees||None from the casino||None from the casino|
There’s very little to worry about as you look to set up a Venmo account in order to start making online payments. Take a look at our step-by-step guide.
There are no monthly fees to have an account, and there aren’t any surcharges for standard transactions. All information is encrypted to ensure the safety of your card information and bank details.
While standard payments and withdrawals are free, they may take a few days to reflect in your account. Depositing at a US online casino that accepts Venmo may result in delays due to the lag time between making a deposit and the funds being accessible.
The company estimates that it should take no longer than three working days to reflect in the account, while most transactions only take one day. If your payment or withdrawal doesn’t go through within three working days, you need to contact the payment provider to ensure that you can continue to play at an online casino with Venmo. The same applies to any withdrawals made from the casino.
There is also an option to make immediate payments and Venmo withdrawals. These are charged at a rate of 1%, with a minimum of 25 cents and a maximum of $10 being charged per transaction, depending on the amount you are requesting.
We are all too aware of the abundance of online casinos and respective bonuses in the US. It’s all a bit overwhelming at first. If you are stuck between a rock and a hard place, simply take a look at our recommendations below.
If you want to use Venmo and pick up a huge bonus in the process then we recommend that you consider BetMGM – an all-inclusive platform with a $1,000 matched deposit bonus up for grabs. You will also be able to claim a thrilling $25 no-deposit bonus while you are at it. It doesn’t get much better than this!
888casino offers you the chance to claim a $20 bonus for signing up with the platform. This will enable you to get stuck in with your favorite games without even having to empty your pockets.
BetRivers has made a real mark on the gambling scene of late. As a new customer, you can claim a $250 sign-up bonus with BetRivers Casino. Create a valid account, deposit funds, and claim your 100% matched deposit offer. You’ll be privy to eye-watering casino games backed up by an intuitive interface.
Playing at US online casinos that accept Venmo involves going through a verification process before you can begin placing wagers. This is necessary for regulatory purposes, to cut out fraud and money laundering. And it’s not specific to certain payment types; all the best online casinos with online bank transfer will require exactly the same details from new players, as will any form of gambling using Visa or other bank cards. By law, online casinos are required to implement the Customer Identification Program (CIP). There is no getting around this process at any operator in the USA. The basic information needed includes:
The easiest method to verify your bank account is to use instant verification. If your bank supports this method, you simply provide your username and password for your online banking profile. Venmo will check your account, as well as periodically check balances to ensure that transactions made while gambling using Venmo can be paid.
You can also verify your account manually by entering your routing and account number. Venmo will make micro-deposits and withdrawals to verify that the account belongs to you. For this, you must have at least $2 available in your account. You will not be able to make any transactions with US online casinos that accept Venmo until your account has been verified. Make sure you follow the process exactly and if you run into trouble, reach out to the Venmo customer service team for assistance.
Venmo was founded in 2009 by Andrew Kortina and Iqraim Magod-Ismail while they were studying and rooming together at the University of Pennsylvania. After various attempts at starting a company, the two friends came up with the idea after one forgot his wallet at home.
Writing a check to pay back his friend for covering his payments seemed so outdated that they started working on a text-based payment system.
Having started because they felt checks were slow and outdated, they developed the idea to blend money transfers and a social angle into one program. That idea would later become the reality that is the Venmo we know and love today. Records of transfers are published in a chat stream with the use of emojis, making it very intriguing for younger users.
In 2012 Venmo was bought by Braintree, which, in turn, was acquired by PayPal in 2013. Luckily for you, that makes Venmo an option at the best PayPal online casinos USA has to offer. The company uses bank-grade security and encrypts all transactions. You can rest assured that both your personal details and deposited money are safe and secure.
Additionally, Facebook friends who use Venmo can also see who you sent money to, who you received money from, and the messages and emojis, but only you can see how much money was sent and received. Important to bear in mind if you’re using online casinos with Venmo payments!
What is it that makes playing at online casinos with Venmo different from playing at online casinos with Mastercard or other payment methods? For one thing, it’s a mobile platform, and although you can make payments when gambling using Venmo on your browser, the program isn’t optimized for desktops. That’s no problem for those of us who prefer to gamble on the go, of course. And let’s face it: the social element of Venmo is a big USP for many people who use it, so if that’s an aspect you particularly enjoy, then you’re no doubt pleased to hear it’s feasible to pay this way as long as you go through PayPal.
On the downside, playing at online casinos with real money using Venmo can become costly if you constantly need to make instant payments. The one to three working days that it takes to access funds must be taken into consideration when using this app. Budget for instant payments or make payments in advance.
Security is a big deal for Venmo, which is one reason why many new US online casinos are happy to accept it via PayPal. The company is independently audited every two years to ensure that user information is safe and secure. Venmo’s tie to its parent company adds to the legitimacy, and name-brand recognition of this payment method.
But what about the best alternative payment options to Venmo with similar security protocols and other features? In fact, there are several solutions that rival it. These include instant banking options, like ACH, or e-wallets, like Skrill, Neteller, and others. So if you feel that Venmo doesn’t quite cut it for you, then there’s no need to feel disheartened. We can recommend other reliable payment methods that are quick to set up and easy to use.
You won’t be short on online casinos that accept VIP Preferred. When you access the best VIP Preferred casinos, you can use Automated Clearing House (ACH) electronic payment processing services to fund your gambling account. That means you can deposit and withdraw funds without having to incur additional costs. Signing up can be done online and you’ll be up and running in no time.
We recommend that you take a look at the latest BetRivers platform if you wish to use VIP Preferred. As a new customer, you can also pick up a dazzling bonus for your trouble.
Using an e-wallet service is a wise decision when you gamble online. Why? It acts as a medium between your gambling account and your actual bank account. There’s an extra layer of security while you can also control your real money funds to a better degree. Neteller has established itself as a popular payment option for those looking to gamble online.
Neteller is accepted in the US and you can pick up some thrilling deals in the process. Take a look at the latest Caesars welcome bonus, which will allow you to hit the ground running.
If you are set on using Venmo for your online payments, then you can rest assured that there are several distinct advantages. Below, we’ve touched on several benefits of using Venmo.
You don’t have to worry about racking up all sorts of fees when you use Venmo for deposits and withdrawals through PayPal. Casinos won’t charge you a fee for payments. It is important to keep in mind that you will be charged a service fee if you use a personal bank card to fund your account. Check in with your card issuer to find out more.
One of the major concerns when transacting online with real money funds is whether a payment method is secure. If not, it makes it a lot easier for unauthorized entities to access your personal account and redirect funds without your consent or knowledge. Venmo has incorporated the latest security measures and offers two-factor authentication. Thus, your Venmo account and funds will be protected with maximum oversight.
Venmo has tailored its service so that it is fully functional on mobile devices. You will find that all the features are streamlined via the mobile app, making it a cinch to process payments through a linked PayPal payment gateway on the go.
There are two sides to every coin. This applies to all payment methods and it’s good to be aware of the limitations that come with using a payment method such as Venmo.
First off, you will have realized by now that there aren’t many online casinos that accept direct payments from the Venmo app. You can take a look at a casino review to find out whether an operator you like does, but realistically, going through PayPal is your best bet.
One of the major attractions of certain online payment methods is the speed of transactions. Being able to fund your account instantly makes your life that much easier. If you use Venmo, you will find that it isn’t always possible to rely on instant deposit processing with the best casinos online in the US.
If you are interested in an easy payment method that allows you to access the social aspect of gaming, gambling using Venmo is a great option for online payments. Granted, very few online casinos accept payments directly from the app, but the fact it’s a subsidiary of PayPal means it’s a viable option even so, since you can go through the PayPal checkout portal and use it there.
Using the Venmo MasterCard allows you to make immediate deposits and withdrawals; great if you’re on the lookout for online casinos with fast withdrawal. Remember that these are charged at a 1-3% rate, whereas standard payments can be made for free. In short, Venmo is a very safe and secure form of payment, and players can be sure that all transactions are encrypted and private.
While it’s not necessary to use the same methods of making deposits and withdrawals when using US online casino apps with Venmo, it does make it easier. When making withdrawals, the casino will pay the money out to the e-wallet or account you used to make the deposit. Our expert guides are here to tell you all about the details of the process.
Most online casinos and No.1 bookies offer bonuses and sportsbook promos to players. If you play at a US online casino that accepts Venmo as a payment method, they will likely offer No.1 casino sign-up bonus codes and other promotions during play. To learn more about this, check out our article on using Venmo to play online.
If you are interested in playing online casino games with real money using Venmo, there is an easy process to register. First search your area for somewhere to play by looking up NJ online gambling or the best PA gambling sites, for example. Once you have chosen the operator that best suits your needs, simply click on the link that asks you to sign up or create an account. Follow the prompts and enter all the relevant information. Our guide to using Venmo at online casinos goes through the procedure step by step.
Playing online slots for real money always entails a certain level of risk. It’s important to remember that gambling using Venmo should be for entertainment value rather than a primary source of income. Never bet more than you can afford to lose. If you’re looking for tips on how to play at online casinos, our guides at Wetten.com will tell you all you need to know.
Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.
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