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PayPal vs Venmo Comparison

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Overview

Category Leaders

PayPal Commerce Platform is a comprehensive solution designed to serve your business needs and your customers, whether you’re...

Category Leaders

Venmo is a digital wallet and payment gateway that allows customers to send money and make purchases via mobile device, and...

  • Platforms supported
  • Web-based
  • iPhone app
  • Android app
  • Windows Phone app
  • Typical customers
  • Freelancers
  • Small businesses
  • Mid size businesses
  • Large enterprises
  • Customer support
  • Phone
  • Online
  • Knowledge base
  • Video tutorials
  • Platforms supported
  • Web-based
  • iPhone app
  • Android app
  • Windows Phone app
  • Typical customers
  • Freelancers
  • Small businesses
  • Mid size businesses
  • Large enterprises
  • Customer support
  • Phone
  • Online
  • Knowledge base
  • Video tutorials

User verdicts

AvatarImg

Amber A. chose PayPal

AT

Adria T. chose Venmo

Video & Screenshots

No videos yet

Pricing

Starting from

Free

  • Free trial available
  • Credit cardless trial
  • Free account
  • Subscription based

Starting from

Free

  • Free trial available
  • Credit cardless trial
  • Free account
  • Subscription based

User reviews

5

4

3

2

1

18.6K

4.9K

983

186

265

  • Value for money
  • Ease of use
  • Features
  • Customer support
96%
would recommend this app

4.7

9.1K

5

4

3

2

1

7.3K

1.4K

290

77

54

  • Value for money
  • Ease of use
  • Features
  • Customer support
97%
would recommend this app

Pros

What I like the most about paypal is, it is easy to use in paying and most of all paypal giving a gift reward in every users.
The Paypal program is very wonderful. The ease in depositing and withdrawing is very distinguished.
Love the ease of use and the ease of implementation/integration within other websites and platforms to capture payment.

Pros

Makes for easy transfers in or out of my bank account and customer service is AMAZING. Customer Service is also available through chat, and I LOVE that.
I love Venmo and would recommend it to anyone who needs an easy way to send or request money. I have found it to be more user friendly than PayPal and other similar products.
The app is super easy to navigate and also is great for paying friends, because there is no fees like with paypal. The app is super inexpensive and an even be completely free if used a certain way.

Cons

However, people also get blocked by PayPal without any warning and they can freeze and hold the money from that account that makes annoying things to the user.
Also, I do worry about storing my bank account information for a service like PayPal. They might be insured against fraud, but I still worry sometimes that my account information will be stolen.
This becomes a problem when you need money quickly. IPN and PayPal API are unstable, often messing up transactions, especially if they involve limited items and need verification as soon as possible.

Cons

It is still hard to find our business even with the exact handle and there is no way to retract a payment if sent to wrong person. That's a little nerve racking if a client gets our @name wrong.
I understand from security reasons, but it is annoying. Apparently it is possible now, but has been a pain to figure out.
There is a potential of 'abuse' in that the transactions are irreversible. Also, the default setting is 'public.
  • Vendor responds to reviews
  • Last review2 days ago
  • Vendor responds to reviews
  • Last review13 days ago

Key features

  • Total features76
  • ACH Payment Processing
  • AI/Machine Learning
  • Access Controls/Permissions
  • Ad hoc Reporting
  • Anomaly Detection
  • Barcode/Ticket Scanning
  • Billing & Invoicing
  • Billing Portal
  • Cash Management
  • Check Fraud Detection
  • Compliance Management
  • Contact Database
  • Credit Card Processing
  • Customizable Dashboard
  • Customizable Invoices
  • Data Import/Export
  • Data Management
  • Data Security
  • Data Visualization
  • Debit/Credit Card Processing
  • Deferred Billing
  • Electronic Payments
  • Electronic Signature
  • Financial Analysis
  • Financial Reporting
  • For Food Trucks
  • For Retail
  • For Small Businesses
  • Fraud Detection
  • In-Person Payments
  • Internal Fraud Monitoring
  • Inventory Management
  • Invoice Creation
  • Invoice History
  • Invoice Management
  • Invoice Processing
  • Marketing Reports
  • Mobile Access
  • Mobile Payments
  • Monitoring
  • Multi-Currency
  • Multi-Location
  • Multi-Period Recurring Billing
  • Multiple Payment Options
  • Online Invoicing
  • Online Payments
  • Order Management
  • PCI Compliance
  • Partial Payments
  • Payment Fraud Prevention
  • Payment Options
  • Payment Processing
  • Payment Processing Services Integration
  • Performance Management
  • Point of Sale (POS)
  • Product Catalog
  • Promotions Management
  • Real-Time Monitoring
  • Real-time Alerts
  • Receipt Management
  • Recurring Invoicing
  • Recurring/Subscription Billing
  • Refund Management
  • Reporting/Analytics
  • Returns Management
  • Risk Analysis
  • Risk Management
  • Role-Based Permissions
  • Sales Reports
  • Sales Tax Management
  • Scheduled/Automated Reports
  • Self Service Portal
  • Shipping Management
  • Social Media Integration
  • Transaction History
  • Transaction Monitoring
  • eCommerce Management
  • Total features14
  • ACH Payment Processing
  • AI/Machine Learning
  • Access Controls/Permissions
  • Ad hoc Reporting
  • Anomaly Detection
  • Barcode/Ticket Scanning
  • Billing & Invoicing
  • Billing Portal
  • Cash Management
  • Check Fraud Detection
  • Compliance Management
  • Contact Database
  • Credit Card Processing
  • Customizable Dashboard
  • Customizable Invoices
  • Data Import/Export
  • Data Management
  • Data Security
  • Data Visualization
  • Debit/Credit Card Processing
  • Deferred Billing
  • Electronic Payments
  • Electronic Signature
  • Financial Analysis
  • Financial Reporting
  • For Food Trucks
  • For Retail
  • For Small Businesses
  • Fraud Detection
  • In-Person Payments
  • Internal Fraud Monitoring
  • Inventory Management
  • Invoice Creation
  • Invoice History
  • Invoice Management
  • Invoice Processing
  • Marketing Reports
  • Mobile Access
  • Mobile Payments
  • Monitoring
  • Multi-Currency
  • Multi-Location
  • Multi-Period Recurring Billing
  • Multiple Payment Options
  • Online Invoicing
  • Online Payments
  • Order Management
  • PCI Compliance
  • Partial Payments
  • Payment Fraud Prevention
  • Payment Options
  • Payment Processing
  • Payment Processing Services Integration
  • Performance Management
  • Point of Sale (POS)
  • Product Catalog
  • Promotions Management
  • Real-Time Monitoring
  • Real-time Alerts
  • Receipt Management
  • Recurring Invoicing
  • Recurring/Subscription Billing
  • Refund Management
  • Reporting/Analytics
  • Returns Management
  • Risk Analysis
  • Risk Management
  • Role-Based Permissions
  • Sales Reports
  • Sales Tax Management
  • Scheduled/Automated Reports
  • Self Service Portal
  • Shipping Management
  • Social Media Integration
  • Transaction History
  • Transaction Monitoring
  • eCommerce Management

Integrations

  • Total integrations1288
  • AWeber
  • ActiveCampaign
  • Adobe Commerce
  • BigCommerce
  • Google Analytics 360
  • HubSpot CRM
  • Instagram
  • Klaviyo
  • Mailchimp
  • Meta for Business
  • PayPal
  • ShipStation
  • Shopify
  • Slack
  • Stripe
  • Twitter/X
  • WooCommerce
  • WordPress
  • Zapier
  • authorize.net
  • Total integrations18
  • AWeber
  • ActiveCampaign
  • Adobe Commerce
  • BigCommerce
  • Google Analytics 360
  • HubSpot CRM
  • Instagram
  • Klaviyo
  • Mailchimp
  • Meta for Business
  • PayPal
  • ShipStation
  • Shopify
  • Slack
  • Stripe
  • Twitter/X
  • WooCommerce
  • WordPress
  • Zapier
  • authorize.net

User reviews that mention these apps

BK
AvatarImg

Bill K.

Accounting, self-employed

Used weekly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

Share this review:

PayPal logo

PayPal

Why would you not?

Reviewed 4 years ago

Very reliable and secure with a good future outlook

Pros

Paypal is very safe to use. If a website does not accept Paypal that's a red flag. I have an experience where I never received an item from ebay and I paid through Paypal and was able to get the issue resolved with little trouble

Cons

I wish it bought Venmo because Paypal does not have a social presence like Venmo does, but if they either bought Venmo or had personal money sending like Venmo then game over.

AvatarImg
AvatarImg

Shilleah S.

Consumer Services, 11-50 employees

Used monthly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

Share this review:

PayPal logo

PayPal

Used for Years, Great Customer Service and Reliable!

Reviewed 5 years ago

I believe more online services accept Paypal than any other of my payment apps that I have used. I also have a Paypal debit card now, so I get a percentage back, which is great. Definitely my tried and true payment app that I use more than most.

Pros

I can use Paypal pretty much anywhere for my online shopping, they do offer some great deals with their debit/credit card plans too.

Cons

It doesn't link to Facebook like Venmo does, and just seems a bit dated now, compared with Venmo.

AG
AvatarImg

Ashley G.

Automotive, 10,001+ employees

Used monthly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend7/10

Share this review:

PayPal logo

PayPal

Classic payment tool

Reviewed 2 years ago
Pros

PayPal is a more established company and I feel safe sending money through their website.

Cons

Not quite as easy to use as Venmo. Doesn’t have the same “community” feel as Venmo with their public feeds.

MO
AvatarImg

Mandy O.

Retail, self-employed

Used monthly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

PayPal logo

PayPal

PayPal easy to use

Reviewed 4 years ago

Honestly for me it’s my preferred safest method of payment

Pros

I’ve used PayPal for years to send and request money in my craft business. It’s easy to set up and use and many people are familiar with it. So most have an account.

Cons

Venmo doesn’t charge for use like PayPal does. Others are using Venmo for that reason. It charges if you send money

AR
AvatarImg

Verified reviewer

Graphic Design, self-employed

Used other for less than 6 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

Share this review:

PayPal logo

PayPal

Pay on the Go

Reviewed 5 years ago
Pros

PayPal is an easy way to pay or get paid. You dont have to physically have a credit card reader in order to receive money. It is nice to be able to pay on the go.

Cons

PayPal is comparable to Venmo, and personally I prefer Venmo slightly more because it is a tiny bit easier.

JZ
AvatarImg

Jeff Z.

Information Technology and Services, 5,001-10,000 employees

Used weekly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend7/10

Share this review:

PayPal logo

PayPal

Simple Funds Transfer

Reviewed 4 years ago
Pros

Makes it easy to exchange funds between friends, sales, and it integrates with eBay

Cons

Doesn't integrate with Venmo, which PayPal owns

AR
AvatarImg

Verified reviewer

Investment Management, 1-10 employees

Used weekly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend7/10

Share this review:

PayPal logo

PayPal

The original

Reviewed 4 years ago

Secure, reliable payment service that links easily to all the major banks and credit services.

Pros

PayPal was the first mainstream payment service to make it and set the standard on reliable, easy person to person payment services. The UI has improved over time, I’ve never had a transaction glitch or fail. The security appears to be top notch.

Cons

I think PayPal over time is losing to other payment services like Venmo due to ease of use and mobile adoption. I only use PayPal and Venmo for personal transactions and Venmo over time is winning the UI battle.

AR
AvatarImg

Verified reviewer

Entertainment, 1,001-5,000 employees

Used monthly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

Share this review:

PayPal logo

PayPal

Paypal is great

Reviewed 5 years ago
Pros

It's a smooth program. Got me through my ebay days and not into my etsy days. It's always been reliable.

Cons

Their phone app. Venmo has it going on.

SD
AvatarImg

Sarah D.

Leisure, Travel & Tourism, 11-50 employees

Used weekly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

Share this review:

PayPal logo

PayPal

Fees!

Reviewed 3 years ago

I recommend you use Venmo.

Pros

It is easy to send a link so you can be paid and many people use PayPal.

Cons

It charges a fee so you lose some of your money.

TS
AvatarImg

Tanner S.

Computer Software, 51-200 employees

Used weekly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

Share this review:

PayPal logo

PayPal

Great integrations and security

Reviewed 3 years ago

Despite not being able to be used on Amazon or Venmo, having Paypal at the ready makes internet transactions seamless.

Pros

Nearly universal integration makes the app so easy to use. It's nice when purchasing something online and not have to pull out my credit card number each time.

Cons

The only con is that I can't transfer money between Venmo and Paypal, for whatever reason. Especially odd because Venmo is a Paypal product.

BL
AvatarImg

Brittany L.

Primary/Secondary Education, 501-1,000 employees

Used monthly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend4/10

Share this review:

PayPal logo

PayPal

Not the best

Reviewed 5 years ago

Overall my experience with Paypal had been positive but then I found Venmo after being frozen from Paypal. Venmo is better.

Pros

I like the ability to send and receive money without having to go to the bank or even get in my car but it is not the best software offered.

Cons

Paypal is hard to deal with. We had some issues and they froze up our account, wouldn't respond to any correspondence, all over $9. We tried to pay many times and they kept making it so difficult. Venmo, also owned by Paypal, is SOOO EASY to work with. They respond quickly and make it easy to get business done.

jf
AvatarImg

jessa f.

Staffing and Recruiting, 1-10 employees

Used other for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend7/10

Share this review:

PayPal logo

PayPal

great way to transfer money

Reviewed 4 years ago

It's great, I feel very comfortable using them without worry that you have when giving a 3rd party your financial information. Also they have protections in place for purchasers and businesses.

Pros

A way to transfer money or pay for items online without directly using your bank or credit card information. You can feel more comfortable paying online if you can use paypal and not enter your bank or credit card information directly. Also a great way to pay friends and family without having to go to the bank and pay with cash.

Cons

I like the interface and ease of use of Venmo better, but Venmo is a PayPal company. So it's basically old-school and new-school of the same product. PayPal is more widely used while Venmo is really just to pay friends.

MC
AvatarImg

Mindy C.

Hospital & Health Care, 5,001-10,000 employees

Used monthly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend6/10

Share this review:

PayPal logo

PayPal

PayPal - Neutral

Reviewed 5 years ago
Pros

Use with strangers is secure, Free transfers, Credit card offers, Notification settings

Cons

Not as easy as Venmo, Falling out of popularity,

JH
AvatarImg

Justin H.

Marketing and Advertising, 11-50 employees

Used monthly for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

Share this review:

PayPal logo

PayPal

PayPal Ease Of Use

Reviewed 4 years ago

A very pleasant experience.

Pros

Ease of use. REmembers your payment information

Cons

Venmo is easier to use sometimes especially with friends

CD
AvatarImg

Carsyn D.

Veterinary, 11-50 employees

Used monthly for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

PayPal logo

PayPal

love paypal

Reviewed 3 years ago
Pros

this makes it easy for transactions on the go

Cons

not as user friendly as venmo and other companies

AvatarImg
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Kevin C.

Education Management, 501-1,000 employees

Used monthly for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

PayPal logo

PayPal

Easy for money transactions

Reviewed 4 years ago
Pros

PayPal makes it very easy to make money transactions. It is a free application and the transactions are pretty quick with in a couple days.

Cons

I wish the transactions were within minutes like Venmo.

MR
AvatarImg

Michael R.

Food & Beverages, 51-200 employees

Used daily for less than 6 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

PayPal logo

PayPal

PayPal Review

Reviewed 4 years ago

I utilize it daily and it is very functional

Pros

Easy to send and receive funds to and from family and friends

Cons

Can not transfer funds to Venmo at all yet

AvatarImg
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Elise W.

Higher Education, self-employed

Used monthly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

Share this review:

PayPal logo

PayPal

Great to transferring money

Reviewed 5 years ago
Pros

Great for transferring money to people, especially overseas, where bank fees are high!

Cons

I prefer Venmo for standard money transfers between friends.

BG
AvatarImg

Brad G.

Restaurants, 201-500 employees

Used monthly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend7/10

Share this review:

PayPal logo

PayPal

Easy Payment, but high fees

Reviewed 4 years ago

Easy to use, but kind of pricey. I feel like they will be phased out with newer apps because of pricing.

Pros

Easy to request and receive payment from buyers.

Cons

Somewhat expensive transactions when compared to Venmo and Cashapp.

PH
AvatarImg

Patti H.

Real Estate, 1-10 employees

Used other for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

PayPal logo

PayPal

Paypal Review

Reviewed 5 years ago

I like PayPal but prefer Venmo.

Pros

I liked the ease of use to pay or request payment.

Cons

I had trouble with changing my password and logging in but that was minor.

TM
AvatarImg

Taniya M.

Financial Services, 201-500 employees

Used other for less than 6 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend4/10

Share this review:

PayPal logo

PayPal

General Use Review

Reviewed 5 years ago

It's just ok. Dont prefer to use, seems more outdated.

Pros

Most websites accept paypal for payment.

Cons

Not as used by everyone and Venmo is more competitive

CS
AvatarImg

Caroline S.

Design, self-employed

Used weekly for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

PayPal logo

PayPal

Paypal Review

Reviewed 5 years ago

I enjoy the functionality of Paypal and use it for my business needs. I use it for sending invoices to clients as well as viewing past invoices and taking or receiving payment.

Pros

What I like the most about the software is the functionality and design aspect of everything. I love that you can see your invoices that you have already sent out and if they have been completed or not or paid for. As well as the invoice feature where you can create a custom invoice or template for the person you are sending the software to.

Cons

What I like the least about the software is that it can be hard to load past payments and does not sync very well with Venmo. I tried bringing money from Venmo onto Paypal and it was difficult to do even though Venmo is owned by Paypal.

AR
AvatarImg

Verified reviewer

Hospital & Health Care, 201-500 employees

Used weekly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

Share this review:

PayPal logo

PayPal

PayPal is great for quick money transfers

Reviewed 5 years ago
Pros

PayPal is great for quick and easy money transfers. It's easy to use and connect to your bank account or credit/debit cards.

Cons

There's nothing I really dislike about PayPal but I have been using Venmo more frequently lately. I think more of my friends use Venmo so it's just more convenient.

AR
AvatarImg

Verified reviewer

Entertainment, 11-50 employees

Used weekly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

Share this review:

PayPal logo

PayPal

PayPal

Reviewed 5 years ago
Pros

PayPal is pretty universal at this point for ease of online payments. It is integrated with most e-commerce sites, it is a quicker and safer method of payment, and it beats typing in your credit card info all the time.

Cons

Although it is a subsidiary, I still prefer Venmo when it comes to micro-payments. It just feels a lot easier and quicker to send payments via venmo.

AR
AvatarImg

Verified reviewer

Civic & Social Organization, 51-200 employees

Used other for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend7/10

Share this review:

PayPal logo

PayPal

Good tool for large money transfers

Reviewed 5 years ago
Pros

Ability to transfer larger amounts of money

Cons

More difficult to use than a Venmo or Cash app

AS
AvatarImg

Adina S.

Automotive, 1-10 employees

Used weekly for less than 6 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support

Share this review:

Venmo logo

Venmo

Definitely not like PayPal

Reviewed 3 years ago

I hate it I had to give too much personal info in order to receive a payment from a customer

Pros

The fact that our young customers only use Venmo for some strange reason

Cons

You can't transfer between Venmo and PayPal even though it's a PayPal owed company

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Amanda C.

Marketing and Advertising, 1-10 employees

Used weekly for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Venmo logo

Venmo

The best alternative to PayPal by PayPal

Reviewed 2 years ago
Pros

I like how venmo is created by PayPal without actually being PayPal. It uses the same features and most things are generally faster than using paypal.

Cons

The Only thing I didn't really like was the card options. You can only pick from 4 colors and that's it.

BJ
AvatarImg

Britt J.

Sporting Goods, 11-50 employees

Used daily for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Venmo logo

Venmo

Great option for customers

Reviewed 4 years ago

More ways to pay is always a plus for a small business.

Pros

Now that there is the integration with PayPal, this has been huge for our website. The younger customers like to use Venmo.

Cons

It isn't obviously integrated with paypal. I wish it had its own button alongside Paypal. Great otherwise!

jr
AvatarImg

jason r.

Facilities Services, 1-10 employees

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend7/10

Share this review:

Venmo logo

Venmo

Venmo when you need to send monies or funds to someone

Reviewed 4 years ago

overall easy to use and send and receive money from friends or other or send in money that you owe

Pros

Similar to paypal but unsure on the fee system-as been told less than paypal but havent used it enough times to notice. easy to send and receive though, similar to paypal...

Cons

cons is putting additional information out there on the web and if you dont like having it out there-probably should not use, even though i believe it to be very secure and havent heard of any issues

BS
AvatarImg

Brandelle S.

Computer Software, 1,001-5,000 employees

Used weekly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

Share this review:

Venmo logo

Venmo

Great for both personal and business matters

Reviewed 3 years ago
Pros

It is overall very easy to operate ,you can link multiple accounts and juggle as needed .I also like that is supports instant barcode scanning .

Cons

Transfers take a day or two longer than they do on PayPal . Which is odd ,considering PayPal owns Venmo .

TP
AvatarImg

Terrance P.

Internet, 1-10 employees

Used other for less than 6 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend7/10

Share this review:

Venmo logo

Venmo

Pretty Much A Social Payment Platform

Reviewed 5 years ago

Well I tried to use my PayPal Business Debit Card and I couldn't use it to receive funds but I could use it to send funds.

Pros

Well you pretty much send money to friends and family. You have the option of getting a card to pay in stores or online so that's good.

Cons

Even though they're a subdivision of PayPal you can't really send or receive using your PayPal balance or card.

AG
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Alan G.

Marketing and Advertising, 11-50 employees

Used daily for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

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Venmo

Great App to Quickly Send Money

Reviewed 5 years ago
Pros

The ability to send money to friends and family quickly and securely.

Cons

There isn't a good PayPal integration.

AR
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Verified reviewer

Insurance, 1-10 employees

Used monthly for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend7/10

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Venmo

Peer to peer not business

Reviewed 2 years ago

Was a good product for sending money to family and friends. However PayPal is just as good and has the business features I need as well.

Pros

That it is a paypal product. I trust paypal use them daily for personal and professional purposes.

Cons

This is not a product for small business owners. Not a product for helping you keep track of financial records for taxes and reports.

AR
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Verified reviewer

Higher Education, 1,001-5,000 employees

Used weekly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Venmo

Quick and easy way to transfer funds

Reviewed 4 years ago

Venmo has solved my problem of struggling to remember to pay with checks. I simply use the app to instantly send money.

Pros

Venmo is a great solution for anyone needing quick, painless money transfers. It can be used to pay vendors electronically, or for simple tasks like repaying a lunch debt. I recommend it for any business that could use a fast transfer application.

Cons

There are no negatives, just be sure your users link their PayPal if they already have one (Venmo is a Paypal service).

AR
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Verified reviewer

Staffing and Recruiting, 501-1,000 employees

Used daily for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Venmo

Review

Reviewed 4 years ago

Great

Pros

Ease of use as well as a large customer base, meaning majority of friends and family use the platform

Cons

Can't make purchases online, compared to paypal

KL
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Kaitlin L.

Consumer Services, 1-10 employees

Used daily for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Venmo

My best friend

Reviewed 2 years ago

Probably the best person-to-person payment system ever

Pros

Without a doubt, Venmo is my favorite and go to any time I need to exchange money with another person

Cons

Although this is a personal grudge, Venmo is owned by PayPal, and I have been screwed more than once by PayPal

DG
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Darlene G.

Education Management, 51-200 employees

Used monthly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

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Venmo

Venmo your way to the top

Reviewed 2 years ago

It is very easy to use. I love the mobile app. I can quickly and easily receive and send money to friends and family.

Pros

I really like venmo because it is so widely accepted. Even the local ice cream truck will take it as a form of payment.

Cons

Even though I use venmo a lot, I actually do prefer paypal. There are more perks and incentives associated with paypal.

AR
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Verified reviewer

Individual & Family Services, 51-200 employees

Used monthly for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

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Venmo

Easy to use payment app

Reviewed 5 years ago
Pros

Extremely easy to use. I love that it's set up almost like a social media type of app, but it's a payment app. Offers a lot of flexibility when it comes to accepting payments for our company, and for myself as a freelancer on the side.

Cons

I wish it was more widely available like Paypal. It almost doesn't make sense to use this when Paypal exists everywhere.

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Joe B.

Computer Software, 51-200 employees

Used weekly for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend7/10

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Venmo

Great for customers. Good for business owners.

Reviewed 4 years ago

Awesome for a simple store setup, baseline feature set. If you want more features, use Shopify, PayPal Here or some of the others.

Pros

Solid, easy to use. Many customers have this software and can pay you using it. It's a simple, easy to understand interface.

Cons

Competitors like Shopify, PayPal Here (although PayPal owns Venmo so it's not a competitor) and Square are more comprehensive in their features.

AR
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Verified reviewer

Insurance, 501-1,000 employees

Used other for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

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Venmo

Venmo is an easy way to pay money virtually

Reviewed 5 years ago

It's similar to Paypal, I still prefer Paypal more though since it's linked to Ebay and there's Paypal checkout options now so you don't have to worry about entering in credit card information.

Pros

The nice thing is you can instantly pay your friends or family members back easily and add a note to remember why you sent that payment.

Cons

What I like least is that anyone else that uses Venmo that is your friend can see what money you have received and why so it's not the most private thing.

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Kimberly J.

Entertainment, 1,001-5,000 employees

Used other for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Venmo

Don't Use often, but it works!

Reviewed 5 years ago
Pros

It's easy to use, and instant money transfers make payments easy.

Cons

Nothing wrong with it, I just prefer paypal.

SD
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Sreehari D.

Information Technology and Services, 5,001-10,000 employees

Used monthly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use