No, it is not always obligatory to accept Venmo payments. The money will be received if the sender sends money to the correct account information.  You can receive money after your bank account is added to your Venmo account. Now, after adding card or bank, you will get all the payments to your Venmo username. You do not have to accept Venmo payments again and again. Additionally, you can easily send money to your bank account, the process is easier and takes almost one to three working days to reach the bank that is connected to your Venmo account