Can You Schedule Payments On Venmo? Easy Step by Step Guide [2023]


By FintechHop

4.7/5 - (16 votes)

Venmo is a popular digital payment platform, and has gained significant traction for its user-friendly interface and convenience. 

But does can you schedule payments on Venmo?

As of our latest update in 2023, Venmo does not directly provide a feature to schedule payments. This might come as a surprise considering the app’s wide range of features. 

However, don’t worry! In this blog, we’ll dive into some alternative methods that can be used to schedule your payments on Venmo.

What are the alternative methods to schedule payments on Venmo?

While Venmo doesn’t natively support payment scheduling, there are several alternatives you can explore. 

These include: 

  • Using your bank’s bill pay services
  • Setting up Automated Clearing House (ACH) payments
  • Leveraging third-party apps that integrate with Venmo
  • Setting calendar reminders for manual payments
  •  Using PayPal’s scheduling feature. 

Each of these methods has its own advantages and potential drawbacks, which we’ll delve into in the following sections.

Detailed Guide on How to Use Each Alternative

Can You Schedule Payments On Venmo? Easy Step by Step Guide [2023] - FintechHop
Can You Schedule Payments On Venmo? Paypal X Venmo
  1. Bill Pay Services: Log into your bank’s online platform, set Venmo as a payee, and schedule payments. Ideal for regular payments.
  1. Automated Clearing House (ACH) Payments: Provide your bank details to businesses offering ACH payments for scheduled withdrawals. Convenient for recurring payments.
  1. Third-Party Apps: Link your Venmo and bank accounts to these apps and schedule payments within the app. Some may charge fees.
  1. Calendar Reminders: Set digital reminders to manually send payments on Venmo. Gives full control but requires effort.
  1. PayPal: Use PayPal’s “Schedule a payment” feature to send payments on chosen dates.

Remember to consider your needs when choosing an option.

What is the maximum amount you can send in a single transaction on Venmo?

Venmo has set transaction limits to maintain platform security.

The maximum amount for a single transaction is $4,999.99. There’s also a weekly limit of $6,999.99 for personal transactions and $15,000 for business transactions. 

These limits can vary based on account verification and activity. It’s essential to understand these limits when planning to schedule payments on Venmo.

Frequently Asked Questions

  1. Is there a way to automate payments on Venmo?

    No, currently Venmo does not offer the option to automate payments besides paying rent and other similar goods and services.

  2. Can You Set Up Automatic Payments to a Person?

    Setting up automatic payments to an individual usually involves setting up a recurring transfer from your bank account. This process varies between banks, so it’s best to consult with your banking institution’s guidelines. 

    Note that for such transactions, you typically need the recipient’s banking information.

  3. Can you schedule cash App payments?

    Cash App does not offer a feature to schedule payments for a future date. 
    Transactions are immediate, and users need to manually enter payment information at the time they wish to send money. 

    Keep up with Cash App’s updates for potential feature additions in the future.

How Do I Set Up Payment between Friends on Venmo?

To initiate a Venmo payment, both users must have accounts and linked payment methods. 

Payments can be made by selecting a friend, inputting the amount, deciding ‘Pay’ or ‘Request’, annotating the transaction, and pressing ‘Send’

Watch a video on How to use Venmo

In Conclusion

As we’ve explored the question “Can You Schedule Payments On Venmo? Step by Step Guide 2023”, while Venmo doesn’t currently offer a built-in feature for scheduling payments, there are several viable alternatives to consider.

Each method has its own set of advantages and potential drawbacks, and the best choice will depend on your specific needs and circumstances.

It’s important to research each option thoroughly and possibly even test a few out to see which one aligns best with your payment scheduling needs. Hope we answered your question on “Can You Schedule Payments On Venmo?”

Leave a Comment