What Gas Stations Accept Venmo in 2024? The Complete Guide
Venmo has exploded in popularity in recent years as an easy way to pay friends or make purchases with your smartphone. With over 80 million users as of 2022, Venmo has become a mainstream payment option. But can it also be used to pay at the gas pump?
In this comprehensive guide, we‘ll explain everything you need to know about paying for gas with Venmo in 2024.
The Rise of Venmo for Payments
Venmo usage has skyrocketed thanks to its convenience and mobile-first design. The payment app handled nearly $200 billion in transactions in 2021 – more than double the $90 billion processed in 2019.
Analysts predict growth will continue as more users – especially millennials and Gen Z – rely on Venmo for payments instead of cash or cards. Recent surveys found that 58% of millennials and 60% of Gen Z have used Venmo.
Paying with your phone is fast, easy, and secure with Venmo. So it‘s no wonder people want the option at the gas station too.
Paying at the Pump with Venmo
Currently, there are two main ways to pay for gas with Venmo:
1. Direct Payment in Gas Station Apps
A handful of major gas stations now allow direct Venmo payment in their mobile apps:
| Gas Station | Details |
|---|---|
| Chevron | Added Venmo as payment option in app |
| Texaco | Integrated Venmo payments in app |
To use Venmo direct payment, download the gas station‘s app, connect your Venmo account, and select it as your payment method before pumping gas. This allows you to pay with your Venmo balance right from the app.
"We want to make paying for gas just as easy as paying a friend back for dinner," said Chevron VP Bradaggregated in a 2022 press release announcing the addition of Venmo to their app.
2. Paying with a Venmo Debit Card
While only Chevron and Texaco currently allow direct Venmo payments, you can use Venmo at any gas station that accepts debit Mastercard.
Simply sign up for a Venmo debit card for free right from the Venmo app. This card is linked directly to your Venmo balance and can be used anywhere Mastercard is accepted – including most gas station pumps.
Major chains like Shell, Exxon, Circle K, and 7-Eleven all accept debit Mastercard, making it easy to pay with your Venmo account.
"The Venmo debit card is changing how people interact with their money," said Venmo CEO Dan Schulman. "Consumers want to be able to use their Venmo everywhere, including everyday places like the gas station."
Expert Predictions on Paying for Gas with Venmo
Payments industry experts think mobile payment adoption at the pump is only accelerating as more drivers use apps like Venmo.
"Integrating mobile payments like Venmo directly into gas station apps is just the beginning," said Michelle Brownstein, Senior Director of Retail and Consumer Payments at Mercator Advisory Group.
"In the next few years, I predict most major gas retailers will allow payments via a host of mobile payment apps, digital wallets, and more right at the pump, not just in the app."
This will allow consumers to pay however they choose – whether with Venmo, Apple Pay, Google Pay, or loyalty apps. The options will ultimately make the gas station checkout experience faster, easier, and more tailored to each customer.
The Future is Tap to Pay
Looking ahead, gas stations may eventually let drivers pay by simply tapping or scanning their smartphone at the pump, without even needing to open up an app or insert a card.
Exxon Mobil is currently testing this "tap to pay" technology that could eventually allow any mobile payment app or digital wallet to be accepted with a quick tap. No more fumbling for your wallet when you need to fill up!
Conclusion: Paying for Gas with Venmo is Easy
While Venmo is not yet universally accepted directly at the pump, more and more gas stations are integrating it both in apps and at POS terminals each year.
Paying for gas using your Venmo balance is easy and convenient either through gas station apps or with the Venmo debit card. As mobile payment adoption accelerates, we can expect even more options to pay for gas quickly and easily with Venmo.
So next time you need to fill up, check if the station has added Venmo payments, or just tap your Venmo debit card and go! Going mobile with Venmo makes gassing up simpler than ever.
