It’s your money. You’ve earned it. So why wait to enjoy it? Banks usually add a day or two for processing, but we get your money to you as soon as we have it from your employer². All without extra fees.
With Direct Deposit, you can use your hard-earned money to settle up with friends faster, shop with the Venmo Debit Card sooner, or pay with Venmo on your favorite mobile sites and apps.
Set-up is simple
1
Get Venmo
Open the Venmo app and go to Settings → Direct Deposit for your account and routing numbers.
Fill out your employer’s Direct Deposit form with your account and routing numbers from the Venmo app.
3
Choose amount
Choose how much goes in your Venmo account — your whole paycheck, or just some.
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+ $2,500.00
Direct Deposit,
the Venmo way
No fees for Direct Deposit
We keep it simple and transparent. Get your money faster, at no charge³.
All in one place
Use Direct Deposit for additional income — like from a government stimulus payment, side gigs, and tax refunds³ — to manage more of your money with the app you know and love.
FDIC-insured
With Direct Deposit, your entire Venmo balance is eligible for FDIC insurance up to $250,000 through our partner banks, Wells Fargo Bank and The Bancorp Bank.