How To Use MetaBank WIth Venmo [Easy Step-By-Step Directions]

We live in a world of instant payments. Whether you’re sending a friend some cash, making a secure payment for small items, or any other number of uses, it’s good to have an instant payment service. 

We have plenty of payment services to choose from. Venmo is one you may have heard of before, allowing users to make instant payments. 

So, can you use Venmo with prepaid cards? Does Venmo work with MetaBank? How do you use it? 

Let’s find out. 

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What Is MetaBank? 

MetaBank is an alternative financial service, designed for users with poor or no credit who don’t wish to be tied to traditional banking systems. MetaBank is one of the leading providers of prepaid cards in the US. They specialize in prepaid cards for all occasions – travel cards, gift cards, automobile payments, agricultural or business purposes, borrowing, and much more. 

Since MetaBank doesn’t require credit checks, just about everyone is eligible for a MetaBank account. However, this also means that your MetaBank account and any subsequent transactions don’t impact your credit score in any way – for bad or for good. 

Prepaid cards allow for an extra feeling of security, as you can rest assured that you won’t accidentally spend more than you intended. This no-credit scheme is what makes MetaBank accounts suitable for people with no credit or bad credit. 

MetaBank’s optional direct deposit system, which you can sign up for when you open an ACE Flare account, allows users to receive deposits up to two days early, and also eliminates the need for handling paper checks. 

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What Is Venmo?

Venmo is a mobile payment service. Based in America and founded in 2009, it allows users to use Venmo as a mediatory between them and other users or merchants. 

Equivalent services include PayPay (which now owns Venmo), Google Pay, and Apple Pay. 

To use Venmo, you’ll first need to set up an account. You’ll need basic personal information, including an American telephone number and valid email address, and you will also need bank information. This allows Venmo to pull money from your account whenever you make payments. 

Venmo requires its users to verify their identity if they’re sending amounts larger than $299.99. Once your identity has been verified, you can send up to $2 999.99 every seven days. 

Most Venmo transfers aren’t instant and can take several days to become finalized. This can allow users to cancel the transactions. As you can imagine, this may cause problems with buying and selling. A fraudulent customer might buy a product, send a Venmo payment, leave, then cancel the payment – absconding with your product and your money!

Instant transfers are available, taking about thirty minutes. However, a small fee is charged for instant transfers. Standard bank transfers are still available and cost nothing. 

Venmo has a social media aspect and is commonly used between friends to split bills and other charges. 

Using MetaBank With Venmo

Venmo accepts most prepaid cards, and this includes MetaBank. However, your personal account and circumstances may affect whether your card will be accepted. 

To use MetaBank with Venmo, you need to add your MetaBank card to the Venmo app, just as you would any other card. Here’s how to do that: 

  • Step One: Start by opening the Venmo cash app on whichever mobile device you’ll be using. Go to “Main Menu”, found in the top-left corner of your screen. 
  • Step Two: Click the “Settings” option. 
  • Step Three: Click on “Payment Options”, which should be under “Preferences”. 
  • Step Four: Click “Add Bank Or Card”. You’ll see a menu with different options to select. Click the “Card” option. 
  • Step Five: Now you need to enter your details for your MetaBank card. You may be required to add a ZIP code, and you’ll need to use your phone camera to take a picture of the card. Click “Add”. 
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You should now be able to use your MetaBank card with Venmo. If your card isn’t accepted for whatever reason, talk to your local MetaBank branch, or visit an ACE Cash Express location for more information. 

MetaBank Frequently Asked Questions 

You might have questions about MetaBank, Venmo, or both. They both offer financial services, and both require you to supply your own funds with limited or no credit options. Here are a few commonly asked questions

  • What banks does Venmo support? 

Venmo should work with just about any US bank, presuming that you have a valid account with that bank and sufficient funds. Venmo may decline cards because of insufficient funds or evidence of fraud. Venmo allows credit, debit, and prepaid cards. 

You can also add more than one card to your Venmo account. 

  • Who is MetaBank associated with?

MetaBank is associated with Meta Financial Group, Inc. 

  • If I run out of money in my MetaBank account, can I still make a Venmo payment? 

MetaBank offers prepaid cards. You can’t buy on credit or use an overdraft like a debit card. Once the money on that card or account is gone, you won’t be able to make any more purchases. 

Many MetaBank users like the security of not being able to accidentally overdraw their accounts. However, this can cause issues if a bill needs to be paid and your weekly paycheck hasn’t yet arrived. 

The Bottom Line

Services like Venmo make our lives simpler. Venmo is often marketed as something a group of friends would use, to split bills, rent payments, food money, and the cost of social occasions. 

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Whether you use Venmo, PayPal, or any other electronic payment service, be sure you know exactly who you’re sending money to. Fraudsters often target vulnerable or gullible users, encouraging them to send Venmo payments under false pretenses. If this happens, always contact your bank immediately to cancel to payment. 

Venmo payments can often be recalled, up to a day or two after the payment have been made.