# QuickBooks Payments vs Venmo Comparison --- ## AI Generated Summary - **G2 reviewers report** that Venmo excels in user satisfaction, boasting a significantly higher overall score compared to QuickBooks Payments. Users appreciate its **ease of use** , with one stating, "I love the ease of use. It's very easy, and most people have Venmo." - **Users say** that Venmo's implementation process is straightforward, making it a preferred choice for those who value quick setup. Many find the initial setup to be easy, which is a notable advantage over QuickBooks Payments, where users have expressed some challenges with configuration. - **Reviewers mention** that Venmo's mobile payment capabilities are particularly strong, with a score reflecting its effectiveness in this area. Users highlight the convenience of sending money quickly, stating, "I really appreciate how convenient and fast it is when it comes to making payments." - **According to verified reviews** , QuickBooks Payments shines in its integration with the QuickBooks ecosystem, allowing for seamless cash deposits and automatic invoice matching. Users have noted, "QuickBooks payments integrates seamlessly with QuickBooks," which is a significant benefit for businesses already using that software. - **G2 reviewers indicate** that while QuickBooks Payments offers solid customer support, it falls short in overall satisfaction compared to Venmo. Users have pointed out that Venmo's support quality is higher, with a score that reflects a more positive experience in resolving issues. - **Users say** that Venmo's reporting and analytics features are user-friendly, helping them stay organized. One user mentioned, "Venmo also helps keep me organized," which contrasts with QuickBooks Payments, where users have expressed a desire for more robust reporting capabilities. | | QuickBooks Payments | Venmo | |---|---|---| | **Star Rating** | 3.9 out of 5 | 4.6 out of 5 | | **Total Reviews** | 45 | 269 | | **Largest Market Segment** | Small-Business (87.8% of reviews) | Small-Business (71.5% of reviews) | | **Entry Level Price** | No pricing available | No pricing available | --- ## Top Pros & Cons ### QuickBooks Payments Pros: - Ease of Use (3 reviews) - Integrations (2 reviews) Cons: - Expensive (2 reviews) - Poor Customer Support (2 reviews) ### Venmo Pros: - Ease of Use (10 reviews) - Easy Payments (7 reviews) Cons: - Accuracy Issues (3 reviews) - High Fees (3 reviews) --- ## Ratings Comparison | Rating | QuickBooks Payments | Venmo | |---|---|---| | **Meets Requirements** | 8.2 (25 reviews) | 9.1 (226 reviews) | | **Ease of Use** | 8.1 (27 reviews) | 9.3 (226 reviews) | | **Ease of Setup** | 8.9 (19 reviews) | 9.0 (75 reviews) | | **Ease of Admin** | 8.3 (8 reviews) | 8.1 (24 reviews) | | **Quality of Support** | 7.3 (23 reviews) | 8.7 (170 reviews) | | **Has the product been a good partner in doing business?** | 7.9 (8 reviews) | 8.0 (23 reviews) | | **Product Direction (% positive)** | 8.2 (19 reviews) | 8.2 (219 reviews) | --- ## Pricing ### QuickBooks Payments #### Entry-Level Pricing No pricing available #### Free Trial No information available ### Venmo #### Entry-Level Pricing No pricing available #### Free Trial No information available --- ## Features Comparison By Category ### Payment Processing | Product | Score | Reviews | |---|---|---| | **QuickBooks Payments** | 7.3/10 | 21 | | **Venmo** | 8.4/10 | 94 | #### Payment Processing | Feature | QuickBooks Payments | Venmo | |---|---|---| | **Encryption** | 7.9 (12 reviews) | 9.0 (64 reviews) | | **Credit Card Processing** | 8.0 (16 reviews) | 8.7 (69 reviews) | | **Mobile Payments** | 7.2 (10 reviews) | 9.3 (86 reviews) | | **Digital Wallet Integration** | 7.5 (10 reviews) | 8.7 (65 reviews) | #### Administration | Feature | QuickBooks Payments | Venmo | |---|---|---| | **Reporting & Analytics** | 7.9 (12 reviews) | 8.3 (60 reviews) | | **E-commerce Integration** | 7.4 (9 reviews) | 8.6 (58 reviews) | | **Processing Fees** | 6.4 (16 reviews) | 7.5 (63 reviews) | | **POS Integration** | 7.5 (10 reviews) | 8.6 (56 reviews) | | **Omnichannel** | 7.5 (10 reviews) | 8.2 (52 reviews) | | **Levels 1 & 2** | 7.2 (9 reviews) | 7.9 (53 reviews) | | **Level 3** | 6.7 (8 reviews) | 7.9 (51 reviews) | #### Payment Options | Feature | QuickBooks Payments | Venmo | |---|---|---| | **Multi-Currency** | 6.9 (7 reviews) | 8.1 (52 reviews) | | **Online payment portal** | 7.6 (11 reviews) | 8.9 (59 reviews) | #### Security | Feature | QuickBooks Payments | Venmo | |---|---|---| | **POS Verification** | 6.8 (10 reviews) | 8.5 (52 reviews) | #### Platform | Feature | QuickBooks Payments | Venmo | |---|---|---| | **Accounting integration** | 7.6 (14 reviews) | 8.3 (53 reviews) | | **E-commerce Integration** | 7.3 (8 reviews) | 8.2 (53 reviews) | --- ## Categories **Shared Categories (1):** [Payment Processing Software](https://www.g2.com/categories/payment-processing) --- ## Reviewer Demographics ### By Company Size | Segment | QuickBooks Payments | Venmo | |---|---|---| | **Small-Business** | 87.8% | 71.5% | | **Mid-Market** | 12.2% | 17.3% | | **Enterprise** | 0% | 11.2% | ### By Industry #### QuickBooks Payments - **Accounting:** 18.8% - **Non-Profit Organization Management:** 9.4% - **Consumer Services:** 6.3% - **Health, Wellness and Fitness:** 6.3% - **Marketing and Advertising:** 6.3% - **Transportation/Trucking/Railroad:** 6.3% - **Photography:** 3.1% - **Security and Investigations:** 3.1% - **Management Consulting:** 3.1% - **Information Technology and Services:** 3.1% - **Other:** 34.4% #### Venmo - **Marketing and Advertising:** 8.2% - **Information Technology and Services:** 5.1% - **Non-Profit Organization Management:** 3.5% - **Hospital & Health Care:** 3.5% - **Higher Education:** 3.5% - **Retail:** 3.5% - **Entertainment:** 3.5% - **Real Estate:** 3.5% - **Computer Software:** 3.1% - **Health, Wellness and Fitness:** 3.1% - **Other:** 59.5% --- ## Alternatives ### Alternatives to QuickBooks Payments - [Stripe Payments](https://www.g2.com/products/stripe-stripe-payments/reviews) — 4.2/5 stars (450 reviews) - [PayPal Payments](https://www.g2.com/products/paypal/reviews) — 4.4/5 stars (2746 reviews) - [Amazon Pay for Business](https://www.g2.com/products/amazon-pay-for-business/reviews) — 4.5/5 stars (583 reviews) - [Thryv](https://www.g2.com/products/thryv/reviews) — 4.2/5 stars (1998 reviews) - [FreshBooks](https://www.g2.com/products/freshbooks/reviews) — 4.5/5 stars (975 reviews) - [HoneyBook](https://www.g2.com/products/honeybook/reviews) — 4.5/5 stars (217 reviews) - [Payoneer](https://www.g2.com/products/payoneer/reviews) — 3.2/5 stars (367 reviews) - [GoCardless](https://www.g2.com/products/gocardless/reviews) — 4.6/5 stars (321 reviews) - [Birdeye](https://www.g2.com/products/birdeye/reviews) — 4.7/5 stars (4070 reviews) - [BILL AP/AR](https://www.g2.com/products/bill-ap-ar/reviews) — 4.4/5 stars (1805 reviews) ### Alternatives to Venmo - [Amazon Pay for Business](https://www.g2.com/products/amazon-pay-for-business/reviews) — 4.5/5 stars (583 reviews) - [Stripe Payments](https://www.g2.com/products/stripe-stripe-payments/reviews) — 4.2/5 stars (450 reviews) - [Square Payments](https://www.g2.com/products/square-payments/reviews) — 4.5/5 stars (176 reviews) - [GoCardless](https://www.g2.com/products/gocardless/reviews) — 4.6/5 stars (321 reviews) - [FreshBooks](https://www.g2.com/products/freshbooks/reviews) — 4.5/5 stars (975 reviews) - [Payoneer](https://www.g2.com/products/payoneer/reviews) — 3.2/5 stars (367 reviews) - [Birdeye](https://www.g2.com/products/birdeye/reviews) — 4.7/5 stars (4070 reviews) - [Thryv](https://www.g2.com/products/thryv/reviews) — 4.2/5 stars (1998 reviews) - [BILL AP/AR](https://www.g2.com/products/bill-ap-ar/reviews) — 4.4/5 stars (1805 reviews) - [Shopify POS](https://www.g2.com/products/shopify-shopify-pos/reviews) — 4.4/5 stars (367 reviews) --- ## Top Discussions ### QuickBooks Payments No discussions available for this product. ### Venmo - Title: [What is Venmo for Business used for?](https://www.g2.com/discussions/what-is-venmo-for-business-used-for) — 1 comment > **Top comment:** "Receiving venmo payments for your business " - Title: [What happens if you use venmo for business?](https://www.g2.com/discussions/what-happens-if-you-use-venmo-for-business) — 1 comment > **Top comment:** "Easy payment solution for its members and business payment fees are the cheapest. Something like 1.5% transaction fee. PayPal is the worst, almost 4%. " - Title: [Can you use venmo for business?](https://www.g2.com/discussions/can-you-use-venmo-for-business) — 1 comment > **Top comment:** "Yes you can use Venmo for business, however I personally wouldn’t recommend setting up a business account with them unless you are a physical retailer, it’s..." --- **Source:** [G2.com](https://www.g2.com) | [Comparison Page](https://www.g2.com/compare/quickbooks-payments-vs-paypal-venmo)