We determine eligibility for Direct Deposit in our sole discretion. You can add funds to your Venmo account using Direct Deposit if you have completed the required identity verification and if you are otherwise eligible for Direct Deposit. Setting up Direct Deposit allows you to avoid the hassle of waiting for and cashing paper checks.Īm I eligible to use Direct Deposit on Venmo? Direct Deposit allows eligible Venmo users to add all or a portion of their paycheck to their Venmo account electronically.
