Venmo Pricing, Features, Reviews & Comparison of Alternatives


Digital wallet & mobile payment gateway

4.79/5 (1,048 reviews)

Venmo overview

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.

The solution allows users to make payments by linking their bank accounts or debit cards directly via the app, or by transferring the money stored within their Venmo account. Besides initiating payments, consumers can send and receive payments from friends and contacts by selecting a contact's name, @username, phone number or email. All transfers can be stored as a Venmo balance for use at a later time, or cashed out immediately to a bank account.

The platform provides an intuitive user experience and speedy checkout system that enables customers to buy event tickets and pay for items with a few taps. Users can share their purchases with friends on their Venmo feed, as well as make comments and add emojis to payment descriptions and other contact’s shared purchases.

Users must link a credit card, debit card or checking account in order to use the service. Venmo safeguards payment data with encryption, allowing customers to pay safely and securely.


Pricing options
Value for money
View Pricing Plans


Business size



United States

Supported languages

Venmo screenshot: Send or request payments with a message and emojisVenmo Payouts APIVenmo screenshot: Comment on or like other contact's payment actionsVenmo screenshot: Customers can pay for items using mobile check-outVenmo screenshot: Send confirmation emails and e-tickets to customers post-purchaseVenmo screenshot: Transfer money using a contact's name, @username, phone or email Venmo screenshot: Users can attach a note or description with each paymentVenmo screenshot: Share payments with friends and contactsVenmo screenshot: Connect with people and share moments

Venmo reviews

Value for money
Ease of use
Customer support
Virginia Brooks

Convenient, entertaining, FREE, and fast

Used daily for 1-2 years
Reviewed 2018-06-13
Review Source: GetApp

Did you know the root of the word convenient actually stems from the Latin word “ven”? That’s exactly what Venmo is. And the inspiration behind the name Venmo actually came from the word vendo/vendere; the Latin word “to sell”. Venmo is one of my favorite apps, I use on a daily basis. It has served as a lifesaver to me on many occasions when I did not have my wallet or cash in hand. You can transfer money to someone else almost instantly and will receive a notification when they have accepted the transaction, so you don’t have to wonder. Transfers from your Venmo to your banking account will show up as quickly as the next business day (as long as it doesn’t fall on the weekend or a holiday). One of the best features of Venmo is that you are not charged a transaction fee when you transfer money between your banking account using a debit card. But, the best part is the free entertainment… If you ever want a little laugh, go and take a look at some of the reasons other people have used Venmo. It’s pretty funny (especially over the weekends). If you are looking for a free, entertaining alternative to PayPal, Venmo will definitely satisfy your needs.

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Nicholas Schreck

Pay People on the Go (The Young Generation's Go To)

Used weekly for 2+ years
Reviewed 2019-04-12
Review Source: Capterra

Overall, Venmo has been able to capture the cashless market among family and friends (instead of writing checks). I think they'll continue to own that market as long as they keep making payments easy and free (minus the cards of course). You can sync your bank account to add funds/make payments without fees, but I know some people don't trust it.

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Jason Hundley

Well done!

Used weekly for 6-12 months
Reviewed 2019-07-16
Review Source: Capterra

Overall, I love that it solves a problem that was never really a problem. Writing a check to a friend or going to get cash for them is really not a big deal, but the second they ask me if I have a Venmo, it solves the problem of that slight inconvenience. That is the thing that it does best. Make sure that you remember that and keep that in front of your audience. Security is also HUGE. If you ever have a slip in that department, I predict it will be the end of your company. As a consumer, I am trusting, but uninformed when it comes to your security measures. It might be a good idea to educate your customers as well as potential clientele.

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Jacob Garber

Review of Venmo

Used daily for 2+ years
Reviewed 2019-02-28
Review Source: Capterra

Overall, Venmo has been a life changing app for me. It makes settling up and tracking costs super easy and exact. I look forward to seeing it rolled out on a commercial level to the point where it can be used to buy lunch at a restaurant or a beer at the bar. China is way ahead with digital payments technology through Alipay and even Kenya has wider adoption of digital payments with something called M-PESA. Venmo can lead the way in this space in the world's richest economy.

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Easy to use, but bad security policies

Used occasionally for 2+ years
Reviewed 2019-07-16
Review Source: Capterra

This is an app that does something similar to Paypal. It allows you to send money in real-time. The transaction goes through pretty much instantly. You can send it to an account by using a phone number or email address. It also allows you to create a username for your account so that people can send money to you without you having to give up your private contact information. It is very useful to send and receive money, as society is now becoming more and more of a cashless society.

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Venmo pricing

Pricing options
View Pricing Plans

Contact Venmo for detailed pricing information.

Venmo features

Electronic Payments
SSL Security

API (191 other apps)
Access Control (57 other apps)
Activity Dashboard (79 other apps)
Automatic Notifications (75 other apps)
Content Management (86 other apps)
Custom Forms (66 other apps)
Customizable Branding (106 other apps)
Customizable Templates (107 other apps)
Data Import/Export (78 other apps)
Drag & Drop Interface (88 other apps)
Product Catalog (71 other apps)
Reporting & Statistics (76 other apps)
Search Functionality (81 other apps)
Social Media Integration (58 other apps)
Template Management (54 other apps)
Third Party Integration (120 other apps)
eCommerce Integration (56 other apps)
eCommerce Management (69 other apps)

Additional information for Venmo

Key features of Venmo

  • Make payments
  • LInk bank accounts and debit cards
  • Purchases
  • Money transfers
  • Share payments
  • Sync with Facebook and phone contacts
  • Data encryption
  • Request money
  • Track payments
  • Commenting
  • Social currency
  • Mobile-first
  • Payment check-out
  • POS (point of sale)
  • Data storage
  • Passwords & authorizations
  • PIN code
  • Account settings
  • Split bills
  • Emojis
  • E-tickets sent via email
View All Features


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.