The Venmo app is a digital wallet that makes sending cash to friends, family and even vendors easier than PayPal. Venmo links your account by your phone number, while PayPal uses your email. This allows Venmo to easily locate your friends and family using your device's built-in contacts, and typically makes searching for someone easier within the app. Venmo users are also assigned a QR code that other users can scan using their mobile device's camera. Many iOS users prefer the Venmo app over PayPal because it makes sending cash easier and quicker than having to fumble with clunky email addresses.
Venmo is a quick and easy way to send money to your friends or family from your smartphone, but you cannot close or delete your account from a mobile device or in the app. To close your account you must visit venmo.com from a computer, then follow the steps below, but first make sure to transfer any funds in your balance to your bank account.