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Does Venmo work internationally? Worldwide Alternatives for 2022

Franklin Carneiro da Silva| Updated May 16th, 2022
Venmo Alternatives

If you follow US influencers’ vlogs and personal stories, you might have seen or heard them using Venmo to send or receive money from their friends with ease. You might have also thought, “nice! I’m gonna use that too!”.

Well, if you are not a US citizen, you won’t be able to create an account and log in. So, if you live in Canada, Brazil, Europe, India, China, Australia or New Zealand, you will have to look for alternative options.

Want to know what these options are? Well, then, keep reading because we’re covering them in this article!

What is Venmo, and why has this company become so famous in the US?

Venmo is a platform that allows you to send and request money from friends without commission and is especially useful in case you don’t carry cash. Splitting lunch, utilities and cab fares are a few examples, while social features are integrated to show your friends how you feel about each transaction, too! Also, there are stores and authorized partner apps that accept payment via Venmo.

Venmo has become extremely popular with its 60 million users in the almost 12 years of its operation. Users particularly like the ease of use, the non-existent fees for most transactions, and the ability to send money to non-Venmo users (though they still need to sign up to accept the money). Users also like the ability to make payments even if their Venmo account balance is not sufficient since the app can draw funds from their linked bank account or credit card.

Which countries is Venmo available in?

Venmo is available in the US only. To create an account and use the platform, send and receive money, you need to reside and have a bank account in the US (including some US territories such as the US Virgin Islands, Puerto Rico and Guam). So, that means a US user cannot send money to a user in the Netherlands, India, or Australia.

Venmo does not appear to have any plans for future expansion towards other countries.

Venmo Alternatives Worldwide

If you’re searching for alternative options to Venmo, we’ve got you covered! The following list includes the most popular apps and services to help you send and receive money, from all around the world.

Wise

A great service to send and receive money internationally, focused on low-fee foreign transactions.

Revolut

One of the fastest-growing digital banks. Revolut provides no-fee transactions and free of charge foreign transactions up to $1000. Revolut is available in over 35 countries.

Cash App

For use inside the US and the UK, and even international transfers between the two countries, the Cash App is another Venmo alternative. The service provides free transactions to other users, banking, custom debit card designs and investing.

Vivid Money

Vivid is a digital bank based in Germany, and its users can send and request money from other users without charges, while they can also invest in stocks, ETFs, cryptocurrencies and commodities. To register with Vivid, you need to reside in the EEA.

Monese

Monese is a digital bank that you can use on your smartphone, and is focused around quickly setting up an account, while they provide free transfers internationally. At the moment, you can use Monese in 31 countries in the EEA.

N26

A popular digital bank based in Germany. N26 is available in 22 European countries and the US.

Monzo

This online bank allows for payments within the United Kingdom. They recently launched a US version of the app, though it is unclear if you can send money between the US and the UK.

Paypal

A global online platform to send and receive money, for personal and business transactions. Paypal is available in more than 200 countries around the planet, including the US, UK, India, China, Australia, New Zealand.

Service

Accepts clients from

(previously Transferwise)

Worldwide

Exceptions include Ethiopia, DR Congo, Iran, Tanzania, Myanmar, Algeria, Sudan, Iraq, Uzbekistan, Saudi Arabia, Peru, Afghanistan, Angola, Mozambique, Yemen, Venezuela, Taiwan, Mexico

European Economic Area, Australia, Singapore, Switzerland, Japan and the United States - plans to expand further

US and UK

European Economic Area

Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, Spain and the UK

Austria, Belgium, Denmark, Estonia, Finland, France (not Overseas), Germany, Greece, Iceland, Ireland, Italy, Liechtenstein, Luxembourg, the Netherlands, Norway, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden, Switzerland, and the US

Only UK residents

Worldwide

Exceptions include Pakistan, Bangladesh, Iran, Turkey, Myanmar, Sudan, Iraq, Uzbekistan, Afghanistan, Ghana, North Korea

Other FAQs about Venmo

Can you send and receive money internationally with Venmo?

No, with Venmo, you can send and receive money only in the United States of America, including some US territories such as the US Virgin Islands, Puerto Rico and Guam.

Can you make payments to someone in a different country with Venmo?

No, Venmo can only be used to pay inside the US.

Can you send money from Venmo to Cash App or Zelle?

Users cannot directly send money from their Venmo account to another user’s Cash App or Zelle account. They can send money to a bank account that might be linked to those apps, though.

Is Venmo available in Canada? 🇨🇦

Venmo is not available in Canada. Alternatives for Canadian users include Wise and Paypal.

Is Venmo available in Australia? 🇦🇺

Venmo is not available in Australia. Alternatives for Australian users include Wise, Paypal and Revolut.

Is Venmo available in Mexico? 🇲🇽

Venmo is not available in Mexico. Alternatives for Mexico users include Wise and Paypal.

Is Venmo available in the Philippines? 🇵🇭

Venmo is not available in the Philippines. Alternatives for Philippines users include Wise and Paypal.

Is Venmo available in India? 🇮🇳

Venmo is not available in India. Alternatives for India users include Wise and Paypal.

Franklin Carneiro da Silva
Co-Founder & Fintech Analyst

Franklin is a CFA Level III Candidate with 3 years of experience in Wealth Management as a Fund Research Analyst and the Host of the "Edge Over Hedge" YouTube Channel.

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