Pay with Venmo Using Peanut — Coming Soon
Peanut is bringing Venmo support to the US. Send money to Venmo users, split bills, and pay at merchants — all from your Peanut balance.
Pay with Venmo Using Peanut — Coming Soon
Peanut is adding Venmo support. Soon you'll be able to send money to Venmo users and pay at merchants across the United States directly from your Peanut balance. Venmo has become synonymous with splitting bills and sending money in the US — "Venmo me" is part of everyday vocabulary. Owned by PayPal, Venmo's reach extends from person-to-person payments to online checkout at major retailers. With Peanut's upcoming integration, you'll access this massive network without being limited to a US-only payment system.
The US is one of the world's largest sources of both international tourists and remittances. Whether you're paying an American friend after a trip, splitting dinner during a visit to New York, or sending money to family, Venmo through Peanut will let you pay the way Americans pay.
What Is Venmo?
Venmo is a peer-to-peer payment app owned by PayPal Holdings, and it is one of the most widely used payment apps in the United States. Users send money to each other using a username, phone number, or QR code, with payments funding from a Venmo balance, linked bank account, or card.
What originally set Venmo apart was its social feed — transactions include optional notes that appear in a social timeline, making payments feel more like a conversation than a financial transaction. This social element drove Venmo's explosive adoption among younger users and made it the default way to split bills, pay rent, and settle up across the US.
Venmo's reach has expanded well beyond P2P. Through PayPal's merchant network, Venmo is accepted at major online retailers including Amazon, Uber, DoorDash, and Grubhub. The Venmo Debit Card (Mastercard) works at any merchant that accepts Mastercard, and the Venmo Credit Card (Visa) offers cashback rewards. Together, these options make Venmo a comprehensive payment system for everyday spending in America.
How It Will Work
When Peanut adds Venmo support, sending money and paying in the US will be straightforward:
How It Will Work
- 1
Open the Peanut app
Navigate to the payment section and select Venmo as your payment method.
- 2
Enter the recipient's details
Provide the recipient's Venmo username, phone number, or scan their Venmo QR code.
- 3
Review the payment
See the amount in USD and the equivalent charge from your Peanut balance.
- 4
Confirm and send
Tap to confirm. The recipient receives funds in their Venmo account instantly.
The recipient will see a standard Venmo payment. Your Peanut balance handles the transfer behind the scenes.
Where You Can Pay
Venmo's merchant acceptance covers a wide range of scenarios:
- Person-to-person — send money to any Venmo user by username, phone number, or QR code. This is Venmo's core use case and where it shines.
- Online checkout — Venmo is accepted at major e-commerce sites via PayPal's integration, including Amazon, Uber, DoorDash, Grubhub, and many more
- QR payments — select retail locations display Venmo QR codes for in-store payment
- Venmo Debit Card — a Mastercard debit card accepted at any merchant that takes Mastercard
- Venmo Credit Card — a Visa credit card with cashback rewards on purchases
Between P2P, online checkout through PayPal's network, and the debit/credit cards, Venmo covers the vast majority of payment needs in the United States.
What You'll Need
To pay with Venmo through Peanut once the integration launches:
- A Peanut account — download the app and create your account
- Identity verification — verify with your passport, national ID card, or driver's license (US users). Verification takes under 2 minutes and is handled by Persona, a certified identity provider. Peanut never sees or stores your documents.
- A funded balance — US-based users can deposit via ACH or wire transfer (both free from Peanut's side), or via supported networks
- No separate Venmo account needed for sending — Peanut will handle the connection to the Venmo network
Info
Specific requirements and limits will be confirmed at launch. Peanut's general model applies: no payment fees, competitive rates, and rate locks at the moment of payment.
Fees and Exchange Rate
Peanut charges no fees on payments. When sending to Venmo through Peanut, you will pay the displayed rate with no additional charges.
US-based users benefit from free ACH and wire deposits into Peanut — your bank may charge its own wire fee, but Peanut does not. For users outside the US sending to Venmo recipients, Peanut converts your digital dollar balance to USD at a competitive rate with no payment fees added on top.
The rate locks at the moment you confirm. What you see on the screen is exactly what gets charged.
Who This Is For
Peanut's Venmo integration is designed for anyone who needs to send money to people in the United States:
- People sending money to friends and family in the US — if the recipient has Venmo (and millions of Americans do), funds arrive in their account instantly. Skip the wire transfer fees and delays.
- International visitors to the US — "Venmo me" is how Americans settle up. Whether you're splitting a check in Manhattan or paying a friend in San Francisco, Peanut lets you join in.
- Remote workers paying US contractors — send payments directly to a contractor's Venmo account. Fast, simple, and no banking details required.
- US residents who also travel abroad — use one app for everything. Pay with Venmo at home, Mercado Pago in Argentina, and Pix in Brazil.
