Venmo for Business

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Venmo for Business
Score 9.5 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
Venmo for Business
Editions & Modules
No answers on this topic
Offerings
Pricing Offerings
Venmo for Business
Free Trial
No
Free/Freemium Version
No
Premium Consulting/Integration Services
No
Entry-level Setup FeeNo setup fee
Additional Details
More Pricing Information
Features
Venmo for Business
Payment Gateways
Comparison of Payment Gateways features of Product A and Product B
Venmo for Business
10.0
Ratings
32% above category average
Fraud Detection10.00 Ratings
API or SDK10.00 Ratings
Recurring Payment Support10.00 Ratings
Billing and Invoicing Support10.00 Ratings
Global Support10.00 Ratings
Payment Form Acceptance10.00 Ratings
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Venmo for Business
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All AlternativesView all alternatives
User Ratings
Venmo for Business
Likelihood to Recommend
10.0
(0 ratings)
Usability
10.0
(0 ratings)
User Testimonials
Venmo for Business
Likelihood to Recommend
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
  • Timely payout
  • Ease of use
  • Visibility at all times
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Cons
  • Take out transaction fee. They are not PayPal
  • More understanding with bitcoin
  • Invoicing would be a good feature
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Usability
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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Alternatives Considered
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
  • Give customers reassurance
  • Secure money account
  • More marketing strategies
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ScreenShots