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Venmo Logo

Venmo

4.7
(9K)

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Digital wallet & mobile payment gateway

(52)

Venmo Pricing, Features, Reviews and Alternatives

Venmo FAQs

Q. What type of pricing plans does Venmo offer?

Venmo has the following pricing plans:
Pricing model: Free

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Q. Who are the typical users of Venmo?

Venmo has the following typical customers:
Freelancers, Large Enterprises, Mid Size Business, Non Profit, Public Administrations, Small Business

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Q. What languages does Venmo support?

Venmo supports the following languages:
English

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Q. Does Venmo support mobile devices?

Venmo supports the following devices:
Android, iPad, iPhone

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Q. Does Venmo offer an API?

No, Venmo does not have an API available.

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Q. What other apps does Venmo integrate with?

Venmo integrates with the following applications:
PayPal, Braintree

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Q. What level of support does Venmo offer?

Venmo offers the following support options:
Email/Help Desk, Knowledge Base, Phone Support, FAQs/Forum

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Venmo product overview

What is Venmo?

Venmo is a digital wallet and payment gateway that allows customers to make payments and transfer money via mobile device. Businesses are able to offer a new social currency to a mobile-first audience, as well as generate exposure for the brand as users share their purchases on the Venmo feed.

Key benefits of using Venmo

  • Brands are able to generate exposure as users share their purchases with friends or contacts via the Venmo feed.

  • Venmo helps users stay in control of what they owe, what others owe them, and what they've bought.

  • Organizations can allow customers to pay them as easily as they pay their friends, with fewer taps and a speedy checkout system.

  • Venmo safeguards payment information using data encryption, enabling customers to securely pay contacts and transfer money to bank accounts.

  • Customers are able to find contacts automatically by syncing their Facebook account or phone contacts, and split and share payments.
  • Typical customers

    Freelancers
    Small businesses
    Mid size businesses
    Large enterprises

    Platforms supported

    Web
    Android
    iPhone/iPad

    Support options

    Email/Help Desk
    Knowledge Base
    Phone Support
    FAQs/Forum

    Training options

    Documentation

    Not sure about Venmo? Compare it with a popular alternative

    Starting from

    Free

    Free plan
    Free trial
    Pricing range

    Starting from

    19

    Per month

    Flat Rate

    Free plan
    Free trial
    Pricing range
    Ease of use
    Value for money
    Customer support
    Ease of use
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    Why am I seeing this?

    Venmo pricing information

    Value for money

    4.8

    /5

    9K

    Starting from

    Free

    Pricing options

    Free plan
    Subscription
    Free trial
    Pricing range

    Value for money contenders

    Venmo features

    Functionality

    4.6

    /5

    9K

    Total features

    13

    2 categories

    Most valued features by users

    Reporting/Analytics
    ACH Payment Processing
    Data Security
    Debit/Credit Card Processing
    Electronic Payments
    In-Person Payments
    Mobile Payments
    Online Payments

    Functionality contenders

    Venmo users reviews

    Overall Rating

    4.7

    /5

    9K

    Positive reviews

    Rating breakdown
    • Value for money
    • Ease of use
    • Features
    • Customer support
    • Likelihood to recommend9.14/10
    Rating distribution

    5

    4

    3

    2

    1

    7.2K

    1.3K

    280

    76

    52

    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
    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.

    Overall rating contenders

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    CharRon S.

    Owner

    Entertainment, 1-10 employees

    Review source

    Overall Rating

    Venmo is king

    Reviewed 2 years ago

    Transcript

    Charron S.: Hi, my name's Charron, I'm an owner. And I give Venmo five out of five. If you want more...

    JD
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    John D.

    Structural Engineer

    Civil Engineering, 10,001+ employees

    Review source

    Overall Rating

    Venmo for Business

    Reviewed 2 years ago

    Transcript

    John D.: Hi, hi there. My name is John, I'm the CEO of a fitness and wellness program and company, and...

    AvatarImg
    AvatarImg

    Rohit K.

    Management Consulting, 10,001+ 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:

    Ideal Payment Processing Software for Small Businesses

    Reviewed 2 years ago

    Perfect for small businesses and better than using a square device for accepting payments.

    Pros

    The app is just great. UI/UX, how they have defined different user personas and the ease of making a transaction is fantastic. Super quick and easy to transact with any third party, strong authentication mechanisms and auto-credit to the account on file. Making and receiving payments is the easiest I've seen, and much better than zelle, or Paypal. User support is fantastic and there have been instances where I was fully refunded back when goods/services were not delivered as agreed upon.

    Cons

    It would be good to look at the credit worthiness/score and how reliable they are for their services. Currently there's no way to know (other than star ratings and sparse reviews at times). Multi-lingual capabilities would be helpful too, especially when you are transacting with non-english speaking partners.

    AH
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    Amanda H.

    Marketing and Advertising, self-employed

    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:

    All the features without breaking the bank

    Reviewed 2 months ago

    I absolutely love Venmo and will continue to use.

    Pros

    Love the ease of use. Simple platform to understand. Provides components for your business without the high price

    Cons

    Integration with other programs can be challenging at first.

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    Paige W.

    Health, Wellness and Fitness, 501-1,000 employees

    Used daily for 2+ years

    Review source

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

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    Do Not Use Venmo!

    Reviewed a year ago
    Pros

    You can pay people quickly. There are no other pros.

    Cons

    I purchased concert tickers from a Venmo user after they had offered them on Facebook. I investigated the person before purchasing and felt like they were legitimate. Turns out, they were a scammer so I spent over $400 using the balance I had on my Venmo and did not receive the tickets. I IMMEDIATELY called Venmo to try to get my money back. The first Customer Service representative that I talked to...

    HU
    AvatarImg

    Heather U.

    Education Management, 11-50 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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    Safe and Secure

    Reviewed 4 months ago

    Overall Venmo has provided me with a safe way to send and receive funds. Many people's banks do not use the popular Zelle app, so Venmo is great.

    Pros

    I have been using Venmo for years and have not encountered any type of security breach or risks. My account has never been jeopardized as it has with other similar apps.

    Cons

    To instantly transfer funds from your Venmo account to your bank account requires a small percentage of your funds to be paid to Venmo. Waiting a few days for the transfer of funds is free.

    mp
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    mark p.

    Real Estate, 1-10 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 is the best.

    Reviewed 2 months ago

    Positive experience. Payments are always made and tracking is simple. Balance transfers are easy as well.

    Pros

    Making and receiving payments is a cinch. Venmo is a must have for easy, quick and convenient payments and receipts.

    Cons

    I do not have a con for venmo. Always easy to use and accessible. The app has neer crashed and I have never been compromised as I have with other debit cards and online banking services.

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