OnlyFans has become a preferred platform for content creators who want to offer their fans exclusive content. If you find one or more creators you want to support, you most likely want to pay for a subscription or extra content, in which case something like Venmo might help you. Since OnlyFans requires a credit or debit card when you sign up, you may be worried about the transactions showing up on your bank statement. Luckily, you can use the Venmo physical card to hide your purchases.
If you don’t have a Venmo account yet, all you have to do is open one and start using it on OnlyFans. This article will provide the details you need to get started on Venmo.
How to Open Venmo Account
Venmo is a great application for people who want to make quick money transfers or payments. The mobile payment service requires you to be in the United States to use it. On top of that, you need a mobile phone that can receive SMS messages.
If you’re all set, the only thing left is to create your account. Here are the 5 steps to open your Venmo:
- Download the Venmo app from Google Play or the App Store or visit venmo.com.
- If you downloaded it on your phone, open the application.
- Select your preferred sign-up method, then choose a secure password. It should have between 8 and 20 characters. Also, it should contain at least one symbol and one number.
- Verify the linked email address and phone number.
- Add a bank account to your Venmo and verify it.
Once your account is ready, you can apply for a Venmo card. It’s an easy process, and here are the 4 steps you need to take:
- Open the Venmo app on your device.
- Go to the Cards tab.
- Check under “Venmo Debit Card.”
- Apply for the card and confirm your personal information.
How Much Does It Cost?
Venmo is useful when you want a mobile payment app for different transactions or OnlyFans. Still, you must be aware of the fees the service charges. Here are some of the fees you can expect on Venmo:
- Card ordering fee – None
- Transaction fees – None when making purchases
- Withdrawal fees – $2.50 ATM domestic withdrawal fee; $3.00 over the counter withdrawal fee; no fees when using your Venmo Debit Card at a MoneyPass ATM in the US.
- Annual fees – None
- Account funding fee – None
How to Deposit Money into Venmo?
If you need to add money to your Venmo balance, you can easily do it from a linked debit card or a verified bank account.
There are 6 steps you should take to deposit money into Venmo:
- Open Venmo and go to the “Me” tab.
- Tap on “Manage Balance” from the Wallet section.
- Choose “Add money.”
- Tap “From bank or debit card.”
- Enter how much money you want to fund your Venmo account with.
- Tap “Add.”
How Does OnlyFans Show Up on Venmo?
OnlyFans payments may show up differently on your financial statements. However, it’s easy to tell which transactions on your statement belong to OnlyFans when using Venmo. The transactions will appear either as “OnlyFans,” “OF,” “OnlyFans.com,” or “Fenix International Limited.”
What Are the Advantages & Disadvantages?
Even though Venmo has many great services for people who want to pay for OnlyFans, you must also be aware of the potential downsides.
Here are 3 benefits and 3 drawbacks of using Venmo:
- Very quick payments
- No that many fees for customers who use the app
- It lets you order a debit card for free
- It can only be used in the US
- You cannot cancel payments
- Not all transactions are free
FAQ
What are Venmo alternatives for OnlyFans?
If you don’t want to use Venmo on OnlyFans or it’s not a good option for you, you can always go for MasterCard, Visa, prepaid Visa cards, Revolut, Wise, Maestro, Discover, or CashApp.
Is Venmo a bank?
No, Venmo is not a bank. It is a mobile application owned by PayPal that allows peer-to-peer money transfers and payments. It works through a connected bank account.
Can I link a Venmo card to PayPal?
While you cannot link your Venmo account to PayPal directly, you will be able to connect a Venmo card to your PayPal. For this, go to “Wallets,” then “Add Banks and Cards.” Next, choose “Debit and Credit Cards” and enter your details to link the card.
Does Venmo work in the UK?
Unfortunately, Venmo is not available in the UK. If you need to pay for anything or make money transfers in the UK, you will have to choose a different method, as Venmo is only accessible in the US. Recommended options are Wise and Revolut.
OF is art. I create art and I want to write about the most common questions I get. Guides, news, updates, and everything related to OnlyFans from users perspective and from creators' perspective.
