How to Create a Separate Venmo Account
If you have two bank accounts, you might be wondering how to set up a separate Venmo account. It’s possible, in fact, to link two bank accounts to one Venmo account. However, there are certain steps you must follow before you can do this. Listed below are the steps to take. But first, remember that you must complete KYC on both accounts. And if your bank accounts are different, you can share the same phone number between two separate accounts.
First, you must decide on the purpose of the separate Venmo account. You can either use it to make money for yourself or for other people, depending on the type of account you’re using. If you plan to use it to make money from your business, you should know that your business account must be associated with a personal account. You must also file taxes on the income from your business. If you have a separate Venmo account, you should pay special attention to the tax implications of this.
The next step is to link your Venmo account to your bank account. To do this, you’ll need to link your bank account with your Venmo account. If you have a bank account, you can receive payments from your bank account, without the hassle of opening one. You can also opt to skip the steps involving linking your bank account and your phone. That’s it! You’ve learned how to create a separate Venmo account.
Another way to link your bank account to your Venmo account is by setting up a second account with the same number. This option allows you to use one phone number for business and another for personal payments. However, there are several limitations to using this method. Using the DoNotPay app or the Receive SMS website is a better option for this situation. However, you must ensure that you have two separate email addresses.
Creating a separate Venmo account is very simple, but the process is not always as straightforward. First, you need to sign in with your bank account. You can do this by following the prompts on the screen. You may need to change your username in order to link it to your Venmo account. To do this, simply tap on the top left corner of your Venmo app. On the next screen, select the Edit Profile option. On Android devices, you skip this step.
Next, you can set up a separate Venmo account for business purposes. This is possible by following the steps below. Once you have done that, all you need to do is create a new account and login. You can then accept payments from customers on Venmo. Remember to follow tax reporting requirements. If you don’t, you can never receive payments from other Venmo accounts. You can also set up a separate Venmo profile to receive payments from customers on other social networks.