Venmo Pricing Plan & Cost Guide

Venmo

Digital wallet & mobile payment gateway

4.78/5 (49 reviews)

Venmo Pricing

Pricing model: Free

Contact Venmo for detailed pricing information.

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Pricing Comparison

How does Venmo compare with other Website & eCommerce apps?

Subscription plan?

Venmo



97% of apps offer a
subscription plan

Free trial?

Venmo



75% of apps have a
free trial

Free plan?

Venmo



30% of apps have a
free plan

Pricing Comparison

Website & eCommerce app prices shown are $/month

Please note: For comparison purposes the price for Venmo has been scaled monthly. Actual price is $/per year




Venmo Pricing Reviews

Pros
  • All my friends use it...so its useful. The biggest value in this software is in the number of users it has, not its actual functionality.
  • Venmo has quickly become our go-to option for sending/transferring money. It's simple and straightforward and the design is clean and functional.
  • I love how user friendly it is. They sing to the millennials by letting you write a public (or private) response to the person you are charging or receiving money from. You can also see your friends' responses on their transactions as well (if they choose public).
  • I love how easy this makes going out to dinner with friends, or if you forgot your wallet at home, its so easy to not feel guilty about not paying back a friend or splitting the cost. I have never had any issues with the app getting ahold of my bank account information or anything like that, that I feel like can be scary to use in an app. Great use
Cons
  • It's a little difficult and time consuming to set up.
  • It does charge you roughly 1% to do an instant deposit I do believe. Overall, it is cheaper and more convenient than multiple other paying platforms.
  • I don't love how you can see everyone else's transactions, but I'm sure that's a feature you can choose to opt in or out of. I just don't see the value in knowing what everyone else is spending money on. :)
  • It tries to marry payments with social media. Why would I want anything financial public in any way? Yes you can set it all to private, but it seems like putting social functions in a payment app is a poor choice. There are also better apps to send money, but they are not as powerful as Venmo because they do not have the same size user base.
98%
recommended this to a friend or a colleague

4 reviewers had the following to say about Venmo's pricing:

Tiffany Campbell

Venmo for me!

Used weekly for 2+ years
Reviewed 2018-12-28
Review Source: Capterra

My overall experience has been amazing. I can transfer the money into my account immediately. It emails me to let me know the transaction has been completed. I use it a few times a week for endless reasons.I love how user friendly it is. They sing to the millennials by letting you write a public (or private) response to the person you are charging or receiving money from. You can also see your friends' responses on their transactions as well (if they choose public).

Read the full review


Venmo

Digital wallet & mobile payment gateway

Anonymous

Great Software with Great functionality

Used weekly for 2+ years
Reviewed 2018-12-28
Review Source: Capterra

All my friends use it...so its useful. The biggest value in this software is in the number of users it has, not its actual functionality.

Read the full review


Venmo

Digital wallet & mobile payment gateway

Anonymous

Venmo has made sending money even easier!

Used monthly for 6-12 months
Reviewed 2017-03-24
Review Source: GetApp

Venmo has quickly become our go-to option for sending/transferring money. It's simple and straightforward and the design is clean and functional.

Read the full review


Venmo

Digital wallet & mobile payment gateway

Anonymous

Venmo User

Used weekly for 1-2 years
Reviewed 2019-01-01
Review Source: Capterra

I love how easy this makes going out to dinner with friends, or if you forgot your wallet at home, its so easy to not feel guilty about not paying back a friend or splitting the cost. I have never had any issues with the app getting ahold of my bank account information or anything like that, that I feel like can be scary to use in an app. Great use

Read the full review


Venmo

Digital wallet & mobile payment gateway