Apple Pay vs. Venmo for Business

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Apple Pay
Score 9.3 out of 10
N/A
Apple Pay is a payment gateway the vendor states gives customers an easy, secure, and private way to pay in stores, within apps, on the web, and in Business Chat.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
Apple PayVenmo for Business
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Apple PayVenmo 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
Apple PayVenmo for Business
Features
Apple PayVenmo for Business
Payment Gateways
Comparison of Payment Gateways features of Product A and Product B
Apple Pay
8.3
Ratings
13% above category average
Venmo for Business
10.0
Ratings
32% above category average
Fraud Detection8.50 Ratings10.00 Ratings
API or SDK7.00 Ratings10.00 Ratings
Recurring Payment Support9.10 Ratings10.00 Ratings
Billing and Invoicing Support8.90 Ratings10.00 Ratings
Global Support7.60 Ratings10.00 Ratings
Payment Form Acceptance9.00 Ratings10.00 Ratings
Best Alternatives
Apple PayVenmo for Business
Small Businesses
Thryv
Thryv
Score 8.7 out of 10
Apple Pay
Apple Pay
Score 9.3 out of 10
Medium-sized Companies
Adyen
Adyen
Score 8.8 out of 10
Apple Pay
Apple Pay
Score 9.3 out of 10
Enterprises
Adyen
Adyen
Score 8.8 out of 10
Adyen
Adyen
Score 8.8 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Apple PayVenmo for Business
Likelihood to Recommend
9.5
(0 ratings)
10.0
(0 ratings)
Likelihood to Renew
7.3
(0 ratings)
-
(0 ratings)
Usability
9.5
(0 ratings)
10.0
(0 ratings)
User Testimonials
Apple PayVenmo for Business
Likelihood to Recommend
If you accept payments while selling goods and services, Apple Pay can help you speed up the payment process while securely accepting payments. Since there is no need to stick a card into a machine, users won't have to fumble looking for a card when they can put their whole wallet on Apple Pay and check out easily.
Read full review
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.
Read full review
Pros
  • The double click which launches it couldn't be easier; you don't even have to open your phone and find the app.
  • It's pretty much fool proof from there, as just holding your phone near the reader is sufficient for success.
  • Haptic feedback ensures that I know the payment registered.
  • I have full faith and confidence that the transaction was executed securely.
Read full review
  • Timely payout
  • Ease of use
  • Visibility at all times
Read full review
Cons
  • At times, my Apple Pay will pop up unintentionally. Perhaps there can be more safeguards around that.
  • Apple Pay is not super great if I need to make a return. For any return, I've found that paper receipts are superior.
  • Apple Pay sometimes requires very specific positioning when scanning the phone, which is frustrating.
Read full review
  • Take out transaction fee. They are not PayPal
  • More understanding with bitcoin
  • Invoicing would be a good feature
Read full review
Likelihood to Renew
It's now a standard.
Read full review
No answers on this topic
Usability
Love the simplicity, i think it's a good way of getting apple-lovers to purchase things from the palm of their hand
Read full review
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.
Read full review
Alternatives Considered
When I had my Android/Samsung phone, I tried Samsung's version of Apple Pay and it was terrible. It was very glitchy, and sometimes I would get a notification that I paid for something when I wasn't even in a checkout screen, like I was just browsing the internet or something and I'd get a notification! It was alarming and I quickly uninstalled the app and never used it again.
Read full review
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
  • Able to provide employees with digital company cards.
  • Convenient tracking of money spent.
  • Caring for others in our workplace and community through gifts and purchases.
Read full review
  • Give customers reassurance
  • Secure money account
  • More marketing strategies
Read full review
ScreenShots