Opening a Venmo Account<p>We offer accounts for two types of purposes: personal accounts and approved business accounts. You may only have one personal account. To create a personal account, you must be a resident of the United States or one of its territories, be at least 18 years old or the age of majority in your state of residence and use a cellular/wireless telephone number that you own. Your Venmo account is a personal account unless you have received our express written approval to open a business account. In addition to this agreement, approved business accounts are also subject to the Approved Business Account Addendum.</p> <p>Personal Venmo accounts let you do things like:</p> <ul> <li> <p>Make payments with friends.</p> </li> <li> <p>Buy things through an authorized merchant’s mobile website, app, or Venmo business profile.</p> </li> </ul> <p>