With Venmo, you can easily manage your funds and securely use them. To use the platform is a very convenient task, however; if you plan on carrying and using the Venmo balance then you need to go under a verification process via the app. Use the Venmo Identity Verification process and maintain the security of your Venmo account. If you plan on carrying and using a balance on Venmo, you'll have to verify your identity through the app. Enter all the details of the account registered with your email or mobile number. To do that, you need to provide basic information, like your name, address and the last four digits of your Social Security Number. If you plan on carrying and using a balance on Venmo, you'll have to verify your identity through the app..