Can You Have Two Venmo Accounts

Can You Have Two Venmo Accounts? Best Step-By-Step Guide

Can You Have Two Venmo Accounts? – When it comes to creating and managing more than one account, Venmo is one of the mobile payment platforms that grant their users such privileges.

Being one of the reputable providers of online payment services in the United States, Venmo strives to remain a force in the online financial niche, the platform now offers more than what is was known for.

Originally created to help friends and family split bills, Venmo is now becoming one of the preferred digital wallets used by both individuals and small businesses. People now use Venmo to pay for products and services, receive payments, etc.

The question; Can You Have Two Venmo Accounts? has been asked quite often recently. This made us to carry out a deep research, read this article to find out what we discovered.

Can You Have Two Venmo Accounts?

Yes, you can have two Venmo accounts using your name, phone number, and email, and you’ll be allowed to operate both accounts simultaneously. Venmo allows users to have a maximum of 2 different accounts.

However, you are only allowed to have one personal account and one business or shared account. As a Venmo user, it is prohibited to create two personal accounts or two shared/business accounts, Venmo allows 2 accounts (personal and business or shared) for each user.

There are several other important details you should know regarding Venmo and how to operate accounts, continue reading this article to learn more. Also read: Can I Send Amazon Gift Card To Another Country? Read Best Answer

Can I Have Only Business Venmo Account?

No, it isn’t possible to just open and operate a business account alone on Venmo. Before you can open a business account, a personal account is required.

As a matter of fact, your personal account will be automatically created if you try creating a business account. This is because Venmo will make use of the details provided on your personal account to create the business account, this will certify that you are the owner of the business.

A business account is not an independent Venmo account, is it like an extension of your personal Venmo account. This means that an individual needs to have a personal account first before being able to open a business or shared account.

Can You Have 2 Venmo Accounts With The Same Phone Number?

No, you can not have two Venmo accounts with the same phone number. Venmo doesn’t allow users to link one phone number to more than one account.

If you intend to open a second Venmo account, you must have a new number that will be linked to the account. Any attempt to link a phone number that has been already linked with a Venmo account will get the old account deleted.

To guard against account security compromise and possible scams, Venmo requires each account to be linked with a separate phone number.

Can You Have Two Venmo Accounts

Can I Have 3 Venmo Accounts?

Unfortunately, Venmo doesn’t allow users to create and manage more than two accounts. It is against Venmo’s terms for an individual to try creating three different accounts.

A user is allowed to own not more than two Venmo accounts; a personal and a shared or business account. If Venmo notices similarities between more than 2 accounts, it may get those Venmo accounts frozen.

How To Sign Up For Second Venmo Account

Creating a second Venmo account is quite easy and you should be able to do that within your Venmo user dashboard. Follow the guide below on how to sign up for second Venmo account.

  • Launch the Venmo app on your device.
  • Sign in to your account if prompted.
  • Navigate to “Settings” in the Venmo user homepage.
  • Press “Accounts” and then tap on your username.
  • Scroll to the bottom and click on “Create Another Account With This Email Address”.
  • Fill in all required information, tick or confirm all Policies and User Agreement.
    Your second Venmo account will be created instantly.

Can I Use One Phone Number For Personal And Business Venmo Account?

Yes, once you’ve signed up for a personal Venmo account and verified your phone number, you won’t be required to use another phone number when trying to open a business account.

Whether you are signing up for a personal account or both business and a personal account, you’ll be required to verify your phone number just once, after which you won’t be required to verify or link another number.

What Happens If I Can’t Verify My Phone Number On Venmo?

Without verifying your phone number, you won’t be able to create a business account on Venmo, a phone number verification on your personal is required which will make you eligible to own a business Venmo account.

However, you can still complete the personal account registration without verifying your phone number, but you won’t be able to have access to major functionalities on the app.

An account without a phone number verification can’t send or request payments, the account can’t be equally used to transfer funds to a bank account.

Lastly, if you don’t verify your phone number, any payment that has been sent to you through the phone number won’t reflect on your Venmo account, this remains until you complete the phone number verification. If you are unable to verify your phone number or not receiving the code, you can contact Venmo Customer Service for assistance.

Two Venmo Accounts One Phone Number

You can only have one personal and one business Venmo accounts with one phone number. You won’t be able to link one phone number to two or more personal accounts on Venmo.

Each personal account is required to be linked to one unique phone number. Once you attempt linking one phone number to two different accounts, it will amount to a violation of Venmo’s User Agreement.


Can You Have Two Venmo Accounts? Yes, you can have two Venmo accounts on your name, phone number, and email. The two accounts has to be personal and business or shared, you can’t have two personal accounts or two business accounts.