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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Venmo for Business

    Score9.6 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

    Xoom, a PayPal Service

    Score7 out of 10
    N/AXoom, a PayPal Service, is an online money transfer service for quickly sending money internationally.N/A
    Pricing
    Venmo for BusinessXoom, a PayPal Service
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Venmo for BusinessXoom, a PayPal Service
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeOptional
    Additional Details
    More Pricing Information
    Community Pulse
    Venmo for BusinessXoom, a PayPal Service
    Considered Both Products
    PayPal
    No answer on this topic
    PayPal
    Chose Xoom, a PayPal Service
    I have found xoom to be most efficient in terms of real time processing. The money gets deposited faster than any other service providers I have used. The exchange amount is quite competitive when compared with others and its association with Paypal provides an added layer of …
    Incentivized
    Chose Xoom, a PayPal Service
    It was selected really because of the low expense.
    Incentivized
    Chose Xoom, a PayPal Service
    Xoom has similar features as Venmo and PayPal but it is more advanced and easier to use. There are more options and flexibility when it comes to Xoom compared to its competitors and it's backed by the reputation and name of PayPal which makes consumers trust it more.
    Incentivized
    Chose Xoom, a PayPal Service
    Xoom has worldwide coverage - most of the competition doesn't. Also, converting currency is painful in other apps. If only the markup fees were lower, Xoom would be a killer service!
    Incentivized
    Chose Xoom, a PayPal Service
    Our team has preferred Xoom because it is an efficient and safe way to transfer funds. We are able to be as detailed as necessary with every transaction, which gives us the confidence of knowing where our money is going. We appreciate the ease of use and the free initial …
    Incentivized
    Chose Xoom, a PayPal Service
    Similar to Venmo which is also a PayPal service, but not directly to a bank account.
    Incentivized
    Key User Insights
    Would buy again
    No answers on this topic
    100%
    Would buy again
    22 Answers
    Delivers good value for the price
    No answers on this topic
    95%
    Delivers good value for the price
    21 Answers
    Happy with the feature set
    No answers on this topic
    100%
    Happy with the feature set
    22 Answers
    Lived up to sales and marketing promises
    No answers on this topic
    95%
    Lived up to sales and marketing promises
    19 Answers
    Implementation went as expected
    No answers on this topic
    100%
    Implementation went as expected
    20 Answers
    Features
    Venmo for BusinessXoom, a PayPal Service
    Payment Gateways
    Comparison of Payment Gateways features of Venmo for Business and Xoom, a PayPal Service
    Feature
    Venmo for Business
    10.0
    1 Ratings
    32% above category average
    Xoom, a PayPal Service
    -
    Ratings
    Fraud Detection10.01 Ratings00 Ratings
    API or SDK10.01 Ratings00 Ratings
    Recurring Payment Support10.01 Ratings00 Ratings
    Billing and Invoicing Support10.01 Ratings00 Ratings
    Global Support10.01 Ratings00 Ratings
    Payment Form Acceptance10.01 Ratings00 Ratings
    Best Alternatives
    Venmo for BusinessXoom, a PayPal Service
    Small Businesses
    Apple Pay
    Score9.3 out of 10
    No answers on this topic
    Medium-sized Companies
    Payoneer
    Score8 out of 10
    No answers on this topic
    Enterprises
    Checkout.com
    Score8.5 out of 10
    No answers on this topic
    All AlternativesView all alternativesView all alternatives
    User Ratings
    Venmo for BusinessXoom, a PayPal Service
    Likelihood to Recommend
    10.0
    (2 ratings)
    8.4
    (22 ratings)
    Likelihood to Renew
    -
    (0 ratings)
    8.0
    (1 ratings)
    Usability
    10.0
    (1 ratings)
    9.0
    (1 ratings)
    Support Rating
    -
    (0 ratings)
    9.0
    (2 ratings)
    Implementation Rating
    -
    (0 ratings)
    7.0
    (1 ratings)
    User Testimonials
    Venmo for BusinessXoom, a PayPal Service
    Likelihood to Recommend
    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
    PayPal
    Xoom is best suited to send and receive money between two people who live in different countries, not only that we can also send money to our friends, colleagues, family members directly in their bank accounts. They have a great currency exchange functionality that directly converts our received money into our local currency, and deposits it into our bank account within a few minutes. The only drawback is that not many people know about it, it needs good marketing so that more people can use this service, and from my experience, I can say it is very secure and a good competitor of Payoneer.
    Incentivized
    Read full review
    Pros
    PayPal
    • Timely payout
    • Ease of use
    • Visibility at all times
    Incentivized
    Read full review
    PayPal
    • Very fast transfer and very secure as being of PayPal.
    • Receiver don't need to download the app or use Xoom.
    • It supports bank and debit card to transfer funds and same with the receiver.
    Incentivized
    Read full review
    Cons
    PayPal
    • Take out transaction fee. They are not PayPal
    • More understanding with bitcoin
    • Invoicing would be a good feature
    Read full review
    PayPal
    • Some destinations take longer to get delivered to.
    • Higher amounts of money are harder to transfer.
    • High fees when trying to add funds to new card.
    Incentivized
    Read full review
    Likelihood to Renew
    PayPal
    No answers on this topic
    PayPal
    I don't see any other service that is so versatile and which offers such a breadth of services.
    Incentivized
    Read full review
    Usability
    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
    PayPal
    It's one of the most easy to use and intuitive platforms. The app is very powerful as well.
    Incentivized
    Read full review
    Support Rating
    PayPal
    No answers on this topic
    PayPal
    The support team is excellent. They help with any queries.
    Incentivized
    Read full review
    Implementation Rating
    PayPal
    No answers on this topic
    PayPal
    The implementation was largely successful. Since this was a large shift from normal practices, we faced a few teething problems, but largely I'd say it went well.
    Incentivized
    Read full review
    Alternatives Considered
    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
    PayPal
    We agreed to select Xoom as the main payment method since it had more flexible options. It gives the user a full guarantee of transacting safely and when there is a conflict the customer support team acts quickly. The charges for sending and receiving money are relatively low as compared to other platforms. The mobile application has biometric login features making it difficult for unauthorized users to access confidential information.
    Incentivized
    Read full review
    Return on Investment
    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
    PayPal
    • We have had an uptick in payment processing times.
    • We receive payments from customers on time with no lag between invoice and payment dates.
    • Overall Xoom has literally added to our bottom line by allowing more than a physical check payment option.
    Incentivized
    Read full review
    ScreenShots