TrustRadius: an HG Insights company

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Affirm

    Score8.4 out of 10
    N/AAffirm, headquartered in San Francisco, offers their dynamic payment system for ecommerce, supporting payments broken out into installments to accommodate shopper preference.N/A

    Venmo for Business

    Score9.7 out of 10
    N/AVenmo 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
    AffirmVenmo for Business
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    AffirmVenmo 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
    Features
    AffirmVenmo for Business
    Payment Gateways
    Comparison of Payment Gateways features of Affirm and Venmo for Business
    Feature
    Affirm
    -
    Ratings
    Venmo for Business
    10.0
    1 Ratings
    32% above category average
    Fraud Detection00 Ratings10.01 Ratings
    API or SDK00 Ratings10.01 Ratings
    Recurring Payment Support00 Ratings10.01 Ratings
    Billing and Invoicing Support00 Ratings10.01 Ratings
    Global Support00 Ratings10.01 Ratings
    Payment Form Acceptance00 Ratings10.01 Ratings
    Best Alternatives
    AffirmVenmo for Business
    Small Businesses
    Wise
    Score9.5 out of 10
    Apple Pay
    Score9.3 out of 10
    Medium-sized Companies
    No answers on this topic
    Payoneer
    Score8.2 out of 10
    Enterprises
    No answers on this topic
    Checkout.com
    Score8.5 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    AffirmVenmo for Business
    Likelihood to Recommend
    8.5
    (4 ratings)
    10.0
    (2 ratings)
    Usability
    10.0
    (1 ratings)
    10.0
    (1 ratings)
    User Testimonials
    AffirmVenmo for Business
    Likelihood to Recommend
    Affirm
    We use Affirm with a Woocommerce/Wordpress website and there is a plugin that integrates Affirm for us. We also use a payment method plugin that limits Affirms availability only to products that they support. Generally, we have had a good experience with integration and payments from Affirm to us are consistent and timely. People finance guitars, pedals, and amplifiers and it offers us a way to reach a customer base that may not otherwise purchase from us.
    Incentivized
    Read full review
    PayPal
    I had a customer who wanted me to do his wife's birthday party. I sent him the estimate and he gave me a deposit from his Venmo account. When the party was done, he forgot to pay for a week. I reminded him with an invoice and he sent a deposit. It wasn't immediately deposited, but it [arrived the next day].
    Read full review
    Pros
    Affirm
    • Easy installation.
    • Great customer service.
    • Painless pay as you go software.
    Incentivized
    Read full review
    PayPal
    • Timely payout
    • Ease of use
    • Visibility at all times
    Incentivized
    Read full review
    Cons
    Affirm
    • We haven't had any issues as of yet, we are very happy with everything.
    Incentivized
    Read full review
    PayPal
    • Take out transaction fee. They are not PayPal
    • More understanding with bitcoin
    • Invoicing would be a good feature
    Read full review
    Usability
    Affirm
    Easy to use, simple to integrate, especially if you are using Shopify Plus. Putting everything live and active was easy. We did have to do some simple HTML/CSS to make everything look the way that we wanted it to, but that was very easy and something that we did in house. If you can do some simple style work, you won't have any issues at all.
    Incentivized
    Read full review
    PayPal
    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.
    Incentivized
    Read full review
    Alternatives Considered
    Affirm
    We have not used any payment plans before, this was the first for the company.
    Incentivized
    Read full review
    PayPal
    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].
    Read full review
    Return on Investment
    Affirm
    • Higher average order value.
    • Mores sales.
    • Better user experience.
    Incentivized
    Read full review
    PayPal
    • Positive impact only as it’s enhanced our effectiveness.
    • No negative impact.
    • Simple, easy to use and well worth the $ investment.
    Incentivized
    Read full review
    ScreenShots