Adyen vs. Venmo for Business

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Adyen
Score 8.8 out of 10
N/A
Adyen is a payment gateway software solution offered by Adyen.N/A
Venmo for Business
Score 9.6 out of 10
N/A
Venmo for Business supports touch-free transactions and provides customers a secure and simple way of paying. Businesses can accept payments virtually through the app, and in-person with a unique business QR code. Business's can turn the QR code into an eye-catching point-of-sale with a free QR Kit, in order to give customers an easy, touch-free checkout. There is no set-up fee and no monthly fees, with transaction fees of 1.9% + $0.10.N/A
Pricing
AdyenVenmo for Business
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
AdyenVenmo for Business
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
AdyenVenmo for Business
Features
AdyenVenmo for Business
Payment Gateways
Comparison of Payment Gateways features of Product A and Product B
Adyen
9.6
Ratings
28% above category average
Venmo for Business
10.0
Ratings
32% above category average
Fraud Detection9.60 Ratings10.00 Ratings
API or SDK9.70 Ratings10.00 Ratings
Recurring Payment Support9.50 Ratings10.00 Ratings
Billing and Invoicing Support9.50 Ratings10.00 Ratings
Global Support9.60 Ratings10.00 Ratings
Payment Form Acceptance9.80 Ratings10.00 Ratings
Best Alternatives
AdyenVenmo for Business
Small Businesses
Apple Pay
Apple Pay
Score 9.3 out of 10
Apple Pay
Apple Pay
Score 9.3 out of 10
Medium-sized Companies
Apple Pay
Apple Pay
Score 9.3 out of 10
Apple Pay
Apple Pay
Score 9.3 out of 10
Enterprises
Checkout.com
Checkout.com
Score 8.5 out of 10
Adyen
Adyen
Score 8.8 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
AdyenVenmo for Business
Likelihood to Recommend
9.0
(0 ratings)
10.0
(0 ratings)
Likelihood to Renew
9.0
(0 ratings)
-
(0 ratings)
Usability
-
(0 ratings)
10.0
(0 ratings)
Availability
9.0
(0 ratings)
-
(0 ratings)
User Testimonials
AdyenVenmo for Business
Likelihood to Recommend
Wherever a payments solution needs to be offered relatively fast, it's easy to set up and powerful, with strong technical capabilities. It works well both in settings where there isn't a dedicated payments department or team, as it can be customised with relative ease and low technical know-how
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It’s well suited for timely transactions, ease with use and visibility at all times, with confirmations seen on both ends. I’ve had no difficulties using it and no situations come to mind whereby it is less appropriate to use. I would highly recommend Venmo for Business if/when ever asked by a colleague.
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Pros
  • PCI DSS Compliant Solution
  • Provided options to configure a specific list of payments, like Alipay, ACH, PayPal, etc.
  • Good support and quick solution for the technical help
  • Well described documentation on technical integrations
  • Drop in framework to display the payment options
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  • Timely payout
  • Ease of use
  • Visibility at all times
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Cons
  • I would like to be able to create my own reports, like a combination between "Received payment details" and "Interactive payment accounting".
  • Maybe you can have a better integration with PayPal. The disputes are reflected all wrong in Adyen, for example if we accept a chargeback in PayPal, in Adyen we see a "chargeback reversed" status first, then we see a "refund" status. This is very confusing for us, we have accepted that chargeback, which means we have lost the case, what are a Chargeback Reversed and a Refund statuses doing here? I think PayPal is trying to unblock the transaction that received the chargeback, but this is a very confusing way of handling the chargebacks. If I look at the "Dispute transaction details" reports, all the PayPal chargebacks are "won" because of that "Chargeback reversed" status, which is obviously wrong, we lose some cases and we win others.
  • Amex chargebacks could be integrated. We don't see them in Adyen at all.
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  • Take out transaction fee. They are not PayPal
  • More understanding with bitcoin
  • Invoicing would be a good feature
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Likelihood to Renew
Well, Ayden is a very easy system to manage, it allow the user a nice visibility and many details about the clients. It integrated very easily to our system and allow us to increase our activity. In addition, Ayden have a very good help center that available all the time and very helpful.
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Usability
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I find that it is very easy to use, manipulate and I've had no issues at all whenever using it for Business or even personal purposes as well. I've never received any complaints or questions on either side whenever using it as well, and have only heard others speak about it in a positive manner too.
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Reliability and Availability
Response time are as expected, and Adyen team is always knowledgeable and are clear subject matter experts. Quite often I am assigned an engineer who is not in our time zone and sometimes 8-12 hours different from me. This causes delays in resolution due. It would be great to have a support agent who is located in the US.
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Alternatives Considered
Ayden has proved to be much more reliable with transactions and faster at completing them. We also have been benefited by their affordable rates and that it doesn't feel like a scheme to take from our profits. Lastly, the reports they provide help us to know what next steps we should take as a company, thankful for that direction.
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PayPal has more work items for businesses. It has invoicing, time tracking, and marketing strategies. I could [use] PayPal to run my business like I do with QuickBooks. Affiliates with other business is crazy. Plus, they also carry debit and credit cards for business and personal purposes. Venmo is the little brother [of PayPal].
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Return on Investment
  • After implementing payment integration, payment of B2B orders is instant which really helps business financial planning.
  • Using Adyen payment integration, businesses are also able to provide payment options based on their geography.
  • It provides multi-currency support.
  • It also provides key and secret-based security for sites and origin.
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  • Give customers reassurance
  • Secure money account
  • More marketing strategies
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ScreenShots