--- title: Venmo Reviews meta_title: 'Venmo Reviews 2026: Details, Pricing, & Features | G2' meta_description: Filter 269 reviews by the users' company size, role or industry to find out how Venmo works for a business like yours. aggregate_rating: rating_value: 4.6 review_count: 269 scale: '5' date_modified: '2026-06-30' parent_category: name: Payment url: https://www.g2.com/categories/payment --- # Venmo Reviews **Vendor:** PayPal **Category:** [Payment Processing Software](https://www.g2.com/categories/payment-processing) **Average Rating:** 4.6/5.0 **Total Reviews:** 269 ## About Venmo Venmo for Business is a mobile payment solution designed to help small businesses and entrepreneurs accept payments seamlessly through the Venmo app. By creating a business profile linked to their personal Venmo account, merchants can offer customers a familiar and convenient payment method, enhancing the overall transaction experience. Key Features and Functionality: - Business Profiles: Merchants can set up a dedicated business profile under their existing Venmo login, allowing easy management of personal and business transactions within the same app. - Multiple Payment Options: Customers can pay using their Venmo balance, linked bank accounts, debit or credit cards, contactless cards, or digital wallets with Tap to Pay functionality. - QR Code Payments: Each business profile generates a unique QR code, enabling customers to scan and pay instantly, facilitating quick and contactless transactions. - Social Engagement: Venmo's social feed allows customers to share their purchases, providing businesses with organic visibility and potential new customer reach. - Security Measures: Transactions are secured with data encryption, fraud monitoring, and compliance with PCI DSS standards, ensuring both merchant and customer data protection. Primary Value and Solutions Provided: Venmo for Business addresses the need for small businesses to accept digital payments without the complexity of traditional point-of-sale systems. It offers a user-friendly platform that integrates seamlessly with customers' existing Venmo accounts, promoting faster checkouts and improved customer satisfaction. The social sharing aspect enhances brand visibility, while the straightforward setup and minimal hardware requirements make it an accessible solution for businesses of all sizes. ## Venmo Pros & Cons **What users like:** - Users appreciate the **ease of use** of Venmo, making transactions and connecting with friends effortless and efficient. (10 reviews) - Users enjoy the **easy payments** feature of Venmo, simplifying transactions with quick transfers and convenient functionalities. (7 reviews) - Users love the **ease of use** with Venmo for hassle-free payments among friends and family. (6 reviews) - Users appreciate the **dashboard usability** of Venmo, enabling quick and efficient money transfers and transactions. (2 reviews) - Users appreciate the **seamless integration** with other apps and banks, enhancing the overall transaction experience. (2 reviews) - Users appreciate the **high security systems** of Venmo, providing a sense of safety while making transactions. (2 reviews) - Easy Setup (1 reviews) - Feedback Management (1 reviews) - Navigation Ease (1 reviews) - Product Value (1 reviews) **What users dislike:** - Users report **accuracy issues** with Venmo, impacting transaction reliability and causing financial losses for sellers. (3 reviews) - Users are frustrated by the **high fees** associated with Venmo, impacting the value of transactions. (3 reviews) - Users often face **delays in transactions** , causing frustration with transfers and disputes inconveniences. (2 reviews) - Users find the **excessive notifications** annoying, especially with persistent ads and slow customer support for issues. (2 reviews) - Users face significant issues with **poor customer support** , struggling to get help when experiencing app failures. (2 reviews) - Users find the **transaction limitations** on Venmo frustrating, especially for large transfers that aren't instant. (2 reviews) - Connection Issues (1 reviews) - Users find the **inadequate tracking** of disputes on Venmo to be unintuitive and frustrating in their experience. (1 reviews) - Inefficient Management (1 reviews) - Invoicing Issues (1 reviews) ## Venmo Reviews ### 1. Venmo makes business payments simple and easy! **Rating:** 5.0/5.0 stars **Reviewed by:** Lindsey G. | Freelance Public Relations Consultant, Small-Business (50 or fewer emp.) **Reviewed Date:** July 03, 2025 **What do you like best about Venmo?** Venmo is so easy to use and universal! Almost everyone I know as a Venmo account. **What do you dislike about Venmo?** Nothing I can think of at the moment. I love Venmo,. **What problems is Venmo solving and how is that benefiting you?** Venmo makes P2P payments easy. ### 2. Best in Digital payments **Rating:** 5.0/5.0 stars **Reviewed by:** Arvind A. | Chief Executive Officer, Small-Business (50 or fewer emp.) **Reviewed Date:** July 03, 2025 **What do you like best about Venmo?** the ease of use. The flexibility and the cost **What do you dislike about Venmo?** not much except its business rates are a bit high **What problems is Venmo solving and how is that benefiting you?** payments on the go and also getting the deposits in on time ### 3. Venmo is the best! **Rating:** 5.0/5.0 stars **Reviewed by:** Shandi S. | Case Coordinator, Small-Business (50 or fewer emp.) **Reviewed Date:** July 03, 2025 **What do you like best about Venmo?** The convenience of venmo is definitely what I like the best about venmo. I use it a few times a week to send money to my kids or a friend to grab a coffee. **What do you dislike about Venmo?** I dislike the transaction fee when sending money. **What problems is Venmo solving and how is that benefiting you?** Having to go to the bank to withdrawal money or to transfer money from one account to another. ### 4. convenience and easy to use **Rating:** 5.0/5.0 stars **Reviewed by:** Monica N. | Procurement Specialist, Small-Business (50 or fewer emp.) **Reviewed Date:** July 01, 2025 **What do you like best about Venmo?** Ease to use! Free transfers, no hidden cost **What do you dislike about Venmo?** Non very good customer service Security risks and scams **What problems is Venmo solving and how is that benefiting you?** Payments instead of credit card fees ### 5. Love it **Rating:** 5.0/5.0 stars **Reviewed by:** Shelby H. | Physician Assistant, Small-Business (50 or fewer emp.) **Reviewed Date:** July 10, 2025 **What do you like best about Venmo?** Sending and receiving funds very helpful **What do you dislike about Venmo?** There’s really. nothing about it that i dislike **What problems is Venmo solving and how is that benefiting you?** landlord property collection ### 6. Super Convenient **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Hospital & Health Care | Small-Business (50 or fewer emp.) **Reviewed Date:** July 03, 2025 **What do you like best about Venmo?** The ease of use and how fast you can send money to friends and family. **What do you dislike about Venmo?** I do not like the fees to deposit money instantly. It does not always work. **What problems is Venmo solving and how is that benefiting you?** It is helpful so I do not have to carry cash. I can also send money instantly. ### 7. VENMO **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Entertainment | Small-Business (50 or fewer emp.) **Reviewed Date:** July 03, 2025 **What do you like best about Venmo?** EASE OF APPLICATION AND ABILITY TO SENT AND RECEIVE MONEY **What do you dislike about Venmo?** NOT SURE 100% UP FRONT OF WHETHER PERSON IS EXACT, THERE SHUOLD BE A VERIFICATION **What problems is Venmo solving and how is that benefiting you?** NOT HAVING TO PAY AN ATM FEE TO TAKE CASH OUT OR WHEN THERE IS NO ATM NEARBY ### 8. great serviceto use for every payment need **Rating:** 5.0/5.0 stars **Reviewed by:** Donald A. | Counselor, Small-Business (50 or fewer emp.) **Reviewed Date:** July 04, 2025 **What do you like best about Venmo?** i like that it is so easy and convenient to use **What do you dislike about Venmo?** i love this software no complaints i would recommend this to everyone **What problems is Venmo solving and how is that benefiting you?** i love how easy they make it to make a payment same day better than cash app ### 9. Great service, hate cash. **Rating:** 4.5/5.0 stars **Reviewed by:** Blake N. | Field Account Rep., Small-Business (50 or fewer emp.) **Reviewed Date:** July 01, 2025 **What do you like best about Venmo?** That I can send or receive money instantly. **What do you dislike about Venmo?** Finding the right person. It is difficult to find someone. **What problems is Venmo solving and how is that benefiting you?** The everyday issue of not carrying cash. ### 10. Really wouldn’t use this for business **Rating:** 3.5/5.0 stars **Reviewed by:** Lisa U. | Dog Trainer, Small-Business (50 or fewer emp.) **Reviewed Date:** December 08, 2021 **What do you like best about Venmo?** I don't understand what the benefit of using Venmo for business vs regular Venmo when they take such a big %. If I'm going to pay for a service I'd rather use square because it takes less % w more capability- which is why I don't use it often. That being said- customers who use venmo love that it's easy to use. It is easy to connect your bank info and get started though! And easy to pay people who also use venmo. **What do you dislike about Venmo?** How much % they take and that they take more for instant transfer. At that point I'd rather use square because it has much more capability than Venmo for business and they take less %. I also wish they had features to "purchase" items and could integrate with acuity scheduling or pocketsuite. Their customer support is hard to contact also. **What problems is Venmo solving and how is that benefiting you?** Getting touch less payment. It is much easier but I have had personal friends pay me on accident to my business and then I get a % taken on things I shouldn't have to pay a % on so just wish I never signed up. Also, Square has a lot more features and has better customer support ### 11. "Venmo" Me with Venmo Business **Rating:** 3.0/5.0 stars **Reviewed by:** Tamarah B. | Freelance Fashion Blogger & Owner, Small-Business (50 or fewer emp.) **Reviewed Date:** July 22, 2023 **What do you like best about Venmo?** I like how I am able to offer my potential clients and customers another way to accept their payments. I also have the ability to accept tips as well. It is pretty user-friendly. I can utilize for my clients for services rendered online, especially for those internationally. **What do you dislike about Venmo?** I don't like how you are able to you only able to access it only via their App. I would like it to be also available via desktop. I would like to see more business-related features being added. I would also like for you to be able to customize the app to feature your specific business as well. **What problems is Venmo solving and how is that benefiting you?** I am able to offer my clients and customers another way to accept payments for services that we provide. It also allows me to widen my range of clients and possibly offer more services online. I am also able to send or accept requests for payments directly to my clients online which a good portion of my business handles. ### 12. Good solution for small, frequent business transactions. Not as reliable for larger transactions. **Rating:** 3.0/5.0 stars **Reviewed by:** Verified User in Management Consulting | Small-Business (50 or fewer emp.) **Reviewed Date:** January 03, 2024 **What do you like best about Venmo?** • Venmo for Business is informal and approachable for consumers. • For use cases of small consumer transactions, Venmo is great. Many consumers are used to Venmo and trust it, it's easy and familiar for consumers to use to pay a business. • Venmo for Business was very easy to set up with my bank account and start receiving payments. **What do you dislike about Venmo?** • I work in a business with less frequent, but higher-doller transactions ($5,000-$50,000), so the limits mean I can only use Venmo for the occasional transactions. • Many larger transactions fail, despite being within the Venmo limit range. • This may not be Venmo's fault in every case, but I find it incredibly frustrating that when a transaction fails, I have to call Venmo AND my bank AND other banks involved. Trouble-shooting is NOT convenient. **What problems is Venmo solving and how is that benefiting you?** We have adopted Venmo as a primary way of handling small reimbursements to our internal and to consultants. For small ($5,000 or less) expenses like travel, lodging, meals, and entertainment, Venmo has been easy and fast. Whenever we can use Venmo, funds move quickly, like a wire, but we avoid the fees associated with wire transfers, like an ACH. ### 13. Business Venmo **Rating:** 5.0/5.0 stars **Reviewed by:** Charles H. | Lead Driver, Small-Business (50 or fewer emp.) **Reviewed Date:** December 14, 2023 **What do you like best about Venmo?** The ease of use for one. Everyone loves how fast, easy, and efficient transferring money can be. It's great for personal, but even better for business. More and more companies ar wising it. Hopefully everyone will. **What do you dislike about Venmo?** I dislike the fact that not everyone is already using it For business transactions... hopefully soon **What problems is Venmo solving and how is that benefiting you?** Sending and receiving funds in the fly. It's so quick and instant. ### 14. Venmo for Business Review **Rating:** 4.5/5.0 stars **Reviewed by:** Verified User in Medical Devices | Small-Business (50 or fewer emp.) **Reviewed Date:** December 12, 2023 **What do you like best about Venmo?** I like that Venmo for Business has a really similar interface to personal use of Venmo, which is something that everyone on my team is really familiar with. Hence, we are able to make an easy transition to the business account. **What do you dislike about Venmo?** Although Venmo business accounts come at no cost, there are unexpected additional fees associated with Venmo. For each transaction, Venmo Business charges a standard fee of 1.9%, along with an additional $0.10. Also, transfer limits differ between business and personal accounts. **What problems is Venmo solving and how is that benefiting you?** Venmo for Business resolves issues related to transaction convenience, cost-effectiveness, account separation, transfer limits, user experience, and financial tracking, ultimately providing my business with a more efficient and organized financial management solution. We would not be as efficient financially as we are without Venmo for Business! A well worthy investment ### 15. Venmo for Business is easy to use and makes life easy if you need to send or receive payments **Rating:** 5.0/5.0 stars **Reviewed by:** Francine C. | Licensed Real Estate Agent - Elite Real Estate Solutions, Real Estate, Small-Business (50 or fewer emp.) **Reviewed Date:** December 12, 2023 **What do you like best about Venmo?** Easy to use. Easy to set up. Links to business account for transfers and tracking. **What do you dislike about Venmo?** Wish that there was a way to print out "statements" by month for expense accounting. **What problems is Venmo solving and how is that benefiting you?** When someone doesn't take a credit card, a lot of times they will have Venmo. So, makes it easy for me to track. ### 16. Easy to use and reliable **Rating:** 4.5/5.0 stars **Reviewed by:** Verified User in Leisure, Travel & Tourism | Small-Business (50 or fewer emp.) **Reviewed Date:** December 12, 2023 **What do you like best about Venmo?** It makes the payment processing quick and easy for our business and vendors. Customer support was helpful when needed **What do you dislike about Venmo?** So far everything has gone well. The sign up process was a little clunky for my partner. **What problems is Venmo solving and how is that benefiting you?** Easy option for payment for US local freelance vendors. We primarily us Wise as we have many international clients but it is always more time consuming. Venmo is preferred for us when possible. Like the ability to review our transactions at a glance. ### 17. It works for what its purpose is **Rating:** 4.0/5.0 stars **Reviewed by:** Kathryn M. | Senior Customer Success Manager, Small-Business (50 or fewer emp.) **Reviewed Date:** December 14, 2023 **What do you like best about Venmo?** It works well to a point. The system is secure, keeps information safe and sound. Biggest factor for me is the alerts and the security measures taken to prevent scams **What do you dislike about Venmo?** It can be difficult to authenticate with accounts and names. The verification process for identity is a bit cumbersome **What problems is Venmo solving and how is that benefiting you?** The problem is it is hard to navigate the main page for each employee and then have to close out everything to start again ### 18. User Friendly On-the-Go Payment App **Rating:** 4.5/5.0 stars **Reviewed by:** Verified User in Photography | Small-Business (50 or fewer emp.) **Reviewed Date:** November 14, 2023 **What do you like best about Venmo?** My favorite features of Venmo for Business is the user friendly interface/navigation, ease of receiving payments and transfering funds. The entire app is user friendly making it easy to navigate and find menu items. It's a reliable and legitimate payment app that we prefer to use with clients because of it's dependability. **What do you dislike about Venmo?** I dislike the fees associated with Venmo for Business, but considering other payment app fees, they are very comparable to other apps if not less. **What problems is Venmo solving and how is that benefiting you?** Payment option accessibility with more clients. ### 19. Facilitated many business transactions for members of our team **Rating:** 4.5/5.0 stars **Reviewed by:** Felix E. | Small-Business (50 or fewer emp.) **Reviewed Date:** December 14, 2023 **What do you like best about Venmo?** provides a modern and friendly approach to more casual business exchanges, while still allowing me to keep track of all expenses adequately **What do you dislike about Venmo?** the international limitations and additional fees **What problems is Venmo solving and how is that benefiting you?** quick and simple way to do simpler or more casual transactions ### 20. Venmo for Business offers another way to get paid **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Graphic Design | Small-Business (50 or fewer emp.) **Reviewed Date:** September 20, 2023 **What do you like best about Venmo?** Venmo for Business made it easy to get paid from clients as an alternative payment source and was easy to transfer the funds to the bank account. **What do you dislike about Venmo?** It is not really a dislike, but we do not have many clients that request to pay with their Venmo account to date. Maybe this will change in the future as it catches on more. **What problems is Venmo solving and how is that benefiting you?** Venmor for Business provides another source to get paid by a client more quickly, which helps with productivity. ### 21. Super easy and seamless to set up! **Rating:** 4.5/5.0 stars **Reviewed by:** Verified User in Retail | Small-Business (50 or fewer emp.) **Reviewed Date:** January 26, 2024 **What do you like best about Venmo?** The automation functionalities that come with receiving payments and handling tax documents make it a no brainer! **What do you dislike about Venmo?** The downside of using Venmo for Business is being at the mercy of your QR code, wifi/internet and a properly functioning mobile device **What problems is Venmo solving and how is that benefiting you?** Payment collection and moving off of Cash has been the biggest benefit for me ### 22. Used to work in the CBD industry **Rating:** 3.0/5.0 stars **Reviewed by:** Andrew S. | Account Manager, Mid-Market (51-1000 emp.) **Reviewed Date:** December 12, 2023 **What do you like best about Venmo?** They don't ask questions about 0.3% THC as it pertains to selling edibles and cartridges. **What do you dislike about Venmo?** Not that many website tools for creation and management of website, built in. **What problems is Venmo solving and how is that benefiting you?** It used to help me process payments for restricted products. ### 23. Venmo has made it quick and easy for me to shop vendors I might otherwise have to skip. **Rating:** 5.0/5.0 stars **Reviewed by:** Sabrina A. | General Manager, Mid-Market (51-1000 emp.) **Reviewed Date:** December 12, 2023 **What do you like best about Venmo?** The mobile access. All sales and product data is in my hands. **What do you dislike about Venmo?** Not all customers understand the ease and security features of Venmo. **What problems is Venmo solving and how is that benefiting you?** Creating more ways to pay, expanding our customer base. ### 24. Excellent Application To use **Rating:** 5.0/5.0 stars **Reviewed by:** Subul B. | Business Development Manager, Small-Business (50 or fewer emp.) **Reviewed Date:** December 12, 2023 **What do you like best about Venmo?** the app itself easy to use easy access Number of features **What do you dislike about Venmo?** I must say I don't have any complaints at this time **What problems is Venmo solving and how is that benefiting you?** Quick easy payments for small contracted work, jobs, payout ### 25. Great **Rating:** 5.0/5.0 stars **Reviewed by:** Mallory M. | Small-Business (50 or fewer emp.) **Reviewed Date:** December 12, 2023 **What do you like best about Venmo?** Accepting payments from people that do not have cash on hand **What do you dislike about Venmo?** maybe the way it needs to be easier to find people **What problems is Venmo solving and how is that benefiting you?** accepting payments, i am able to get them quicker ### 26. fast transaction **Rating:** 3.5/5.0 stars **Reviewed by:** Norbert S. | Small-Business (50 or fewer emp.) **Reviewed Date:** December 14, 2023 **What do you like best about Venmo?** convenient to use between peer to peer users **What do you dislike about Venmo?** sometimes due to the internet connection doesn't always proceed to completion **What problems is Venmo solving and how is that benefiting you?** another type of payment ### 27. Smooth experience for business payments **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Marketing and Advertising | Small-Business (50 or fewer emp.) **Reviewed Date:** December 15, 2023 **What do you like best about Venmo?** I like its ease of use and seamless integration with personal transactions. It's convenient for small businesses. **What do you dislike about Venmo?** The fees can add up, and customer support can be slow. **What problems is Venmo solving and how is that benefiting you?** It's super convenient. It streamlines payments, saving me time, and the social feed gives my business extra visibility. It's a real lifesaver when I'm busy. ### 28. Great Product For Business **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Primary/Secondary Education | Mid-Market (51-1000 emp.) **Reviewed Date:** December 14, 2023 **What do you like best about Venmo?** It's easy to transfer and track payments. **What do you dislike about Venmo?** Hard to know if you are sending money to the correct vendor if not named correctly. **What problems is Venmo solving and how is that benefiting you?** Easier process for payment to companies that we work with. ### 29. Very Convenient **Rating:** 4.0/5.0 stars **Reviewed by:** Maddy V. | Accountant, Small-Business (50 or fewer emp.) **Reviewed Date:** April 18, 2023 **What do you like best about Venmo?** It has a QR code that customers can scan and pay. It makes transactions much faster and hassle-free for the business and the customer. It also charges low transaction fees in comparision to other payment processors. **What do you dislike about Venmo?** The only drawback for me is that the funds don't get transferred to the bank account directly; they would have to be manually sent from the app to the bank account. The standard transfers are free, but instant transfers into the bank account charge a fee. **What problems is Venmo solving and how is that benefiting you?** It helps us transfer funds instantly to customers in the US. ### 30. Very user friendly **Rating:** 5.0/5.0 stars **Reviewed by:** Austin W. | Product Manager, Paymode-X, Small-Business (50 or fewer emp.) **Reviewed Date:** June 06, 2023 **What do you like best about Venmo?** I like that you can see report on all transactions and it's easy to use **What do you dislike about Venmo?** I don't like the fees to receive funds sooner but understand why this is in place from business stand point **What problems is Venmo solving and how is that benefiting you?** Making payment quick and easy between B2B or B2C ### 31. Convenient way to pay and get paid **Rating:** 4.5/5.0 stars **Reviewed by:** Nicole C. | Sales Director, Small-Business (50 or fewer emp.) **Reviewed Date:** June 11, 2023 **What do you like best about Venmo?** It's a very useful tool for any payments **What do you dislike about Venmo?** Sometimes the fees can be extremely high **What problems is Venmo solving and how is that benefiting you?** Easinesses to send an receive payments ### 32. Easy way to transfer money **Rating:** 4.5/5.0 stars **Reviewed by:** yeshuraj j. | Cyber Consultant, Mid-Market (51-1000 emp.) **Reviewed Date:** November 12, 2022 **What do you like best about Venmo?** 1) The user Interface of Venmo is very good, and it provides a smooth experience to the users. 2) The Venmo website and application both allow users to make payments in a secure way. **What do you dislike about Venmo?** 1) Venmo takes quite a while to transfer money from one account to another. 2) Many transactions using Venmo get cancelled, and the money gets stuck for about a week. **What problems is Venmo solving and how is that benefiting you?** 1) Venmo for business is helping me accept payments from my customers in day-to-day life. 2) The transaction charges for accepting payments are very low, and the customer service provided by them is great. ### 33. So easy to pay for items! **Rating:** 5.0/5.0 stars **Reviewed by:** Greta H. | Clinical Support Specialist, Mid-Market (51-1000 emp.) **Reviewed Date:** September 16, 2022 **What do you like best about Venmo?** It is very easy to store payment information in one area and be able to pay for items. All I have to do is remember the login information and materials can be ordered for the clinic in a snap. **What do you dislike about Venmo?** If you have 2-step verification turned on, it can be difficult to login, but it is eventually accessible. The two step verification is handy to use to make sure the account is not compromised but its a safety measure. **What problems is Venmo solving and how is that benefiting you?** It makes it much easier for us to make purchases for the clinic and organize receipt information. All payment information can be stored in one area and I don't have to constantly be entering credit card numbers. ### 34. Lowest fees for any payment service! **Rating:** 4.5/5.0 stars **Reviewed by:** Ted & Pat K. | Front desk agent, Small-Business (50 or fewer emp.) **Reviewed Date:** April 19, 2022 **What do you like best about Venmo?** The fees for receiving payments are by far the lowest. Venmo for business only charges 1.9% + .10 per transaction, whereas most competitors charge a minimum of 2.9% + .30 per transaction. **What do you dislike about Venmo?** It's not as secure or trusted as some of the other payment apps out there. A lot of customers I've encountered just don't feel as safe sending money through Venmo. **Recommendations to others considering Venmo:** Give it a try. I was skeptical at first about using Venmo for business transactions because it's not the "typical" app you see used, but I've had nothing but a positive experience. Even reaching out to support for help, they have been extremely quick to respond and resolve my issue. **What problems is Venmo solving and how is that benefiting you?** By using Venmo for Business, we are offering an alternative form of receiving payments electronically. As I stated previously the biggest benefit has been cutting down on processing fees and Venmo for Business is the lowest that I've been able to find. ### 35. these purchase notes because it assures them that the payment has been made **Rating:** 5.0/5.0 stars **Reviewed by:** Yazunari T. | Information Technology Infrastructure Engineer, Small-Business (50 or fewer emp.) **Reviewed Date:** December 15, 2021 **What do you like best about Venmo?** Venmo has given me excellent results for my business, even within my work environment, I feel that its use has been very appropriate. We have been using venmo for several years now and I have not had many problems with payment processing. It gives me and my clients a lot of security when charging for a service, in addition, most people can handle it easily, but just in case, the platform has a good base of information on their usage policies and that makes us all quite aware of the correct use and handling of the application.All payments are processed fairly quickly so there is no need to wait for third party approval to release the money and have it reflected in the accounts. In addition, it has very good rates of use and unlike others, you do not have to be paying commissions and fees for everything that is done with it. Its interface is very up-to-date and meets everything required to avoid problems. **What do you dislike about Venmo?** Well, I have had some trouble adding some bank accounts to the payment system. The times that are taken for the validation of accounts, sometimes tend to take a long time, it would be good to reduce those times, and more taking into account that it is a process that they carry out every time I add a new account, although I remain the only owner of all. **Recommendations to others considering Venmo:** Venmo provides a lot of security both to me and to the users to whom I offer any of my services. It is extremely gratifying to be able to have a platform that is not only a means of payment, but that protects your identity or banking information from third parties, and also provides you with projection in possible cases of scams, that is why I encourage users to try venmo for payment processing.I recommend Venmo to people or companies who want to enter the digital economy. With Venmo you can have control over your finances and make transactions much faster than normal. And what I find interesting is that their commissions are quite accessible to all audiences. All good service deserves to be recognized and it seems to me that more people in the world should take the opportunity to try technologically advanced systems such as Venmo. **What problems is Venmo solving and how is that benefiting you?** venmo is the billing process. All of them, including the aesthetics with which the receipts are issued by Venmo, seem excellent to me since the receipts show the amounts and if the transaction has actually been carried out, and this same payment receipt can be kept for the records of the finances of any business, whether we have a physical store or work from virtuality. Users also appreciate having access to these purchase notes because it ensures that the payment has been made. ### 36. Easy Way to Pay **Rating:** 5.0/5.0 stars **Reviewed by:** Jasmine M. | Ministry Director, Small-Business (50 or fewer emp.) **Reviewed Date:** July 20, 2021 **What do you like best about Venmo?** I love the fact that I can use Venmo to allow people to pay me from anywhere. I can get my money right away because it can connect to my bank account. So no worries on my end! **What do you dislike about Venmo?** The only thing that I do not like about Venmo is the fact that other people can see who you are paying and what you are paying them for. **Recommendations to others considering Venmo:** If you are looking for a hassle free way to allow people to pay you, Venmo is the way to go. They even allowed me to receive free prodcuts from them. **What problems is Venmo solving and how is that benefiting you?** I am solving the problem when my clients say, "Hey, I do not have any money can you take a card?" I will be like, of course, I can. So it truly helps my business out at the end of the day because they cam=n send money my way when they know my information. ### 37. Great app for business **Rating:** 4.5/5.0 stars **Reviewed by:** Verified User in Arts and Crafts | Small-Business (50 or fewer emp.) **Reviewed Date:** July 26, 2022 **What do you like best about Venmo?** I really like the easy and fast process that you can send and receive money and you can use it everyday **What do you dislike about Venmo?** Probably that all your contacts can see your transactions and you can see their transactions as well, it would be great that you can have the option to choose not do it **What problems is Venmo solving and how is that benefiting you?** It has made it easier to make money transactions between my clients, it is much faster and without a lot of data recording that can be tedious, my customers like that it is much quicker and easier to do ### 38. Venmo works for small businesses **Rating:** 4.5/5.0 stars **Reviewed by:** Hank P. | Marketing Consultant, Small-Business (50 or fewer emp.) **Reviewed Date:** December 08, 2021 **What do you like best about Venmo?** I like to use Venmo, as well as a few other e payment services, for paying contractors, paying referral fees, and also making purchases. One thing I really like about Venmo vs. alternatives is that they don't try to trick you into fees. That is a BIG plus! No one wants to pay unnecessary fees! **What do you dislike about Venmo?** My main dislike with Venmo is seeing all of my "contacts" payments. I never understood why they set their app up like that. I don't care who pays who for what. I just want to get in, find who I need to pay, pay them and move on. I hope they will change that option in future releases. **What problems is Venmo solving and how is that benefiting you?** The main problem Venmo solves is quickly paying people who are not nearby. Although, it's also great for paying someone who is near by when I owe them for a service or favor. ### 39. A friendly way to send and receive money **Rating:** 4.5/5.0 stars **Reviewed by:** Robert m. | Marketing Director, Enterprise (> 1000 emp.) **Reviewed Date:** November 13, 2021 **What do you like best about Venmo?** What I like about Venmo is tha it is a mixture of apayment processor with a social netwotk, where people can see the profile photo of the person or bussines where they send the money. This makes it more user-friendly since it is not the typical transaction to a bank account, but it shows a bit the human side of a business. **What do you dislike about Venmo?** From my point of view, the percentage that Venmo takes for each sale is a bit expensive, and it should be lower to help small Bussiness grow and take advantage of this platform. **Recommendations to others considering Venmo:** I would recommend it as it is a friendly way to send and receive money, it is not boring like other payment processors, but it has the touch of a social network. **What problems is Venmo solving and how is that benefiting you?** The innovative thing about Venmo is that it is easy to use, and the way to receive money just with a link or by scanning a code makes it user-friendly. It is practical to use, especially for small businesses, which have recurring customers, since Venmo lest you add users to the contact list and send payments without complications as it makes it easy to send money. ### 40. It has potential. It is easy to use! **Rating:** 4.0/5.0 stars **Reviewed by:** Cassandra L. | Brand Promoter with Le-Vel, Small-Business (50 or fewer emp.) **Reviewed Date:** January 06, 2022 **What do you like best about Venmo?** I like that it's easy to use and makes transactions simple. It cuts out a lot of unnecessary steps and makes getting paid simple. **What do you dislike about Venmo?** I think that it gets confusing with Venmo Personal. And you switch back and forth and it makes it confusing as to if your on your business or personal Venmo. There needs to be a better business layout for the business side. And they Need To excep more prepaid cards. **What problems is Venmo solving and how is that benefiting you?** Easy payment solution for you and the customers. ### 41. Ease of use! **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Research | Small-Business (50 or fewer emp.) **Reviewed Date:** January 20, 2022 **What do you like best about Venmo?** Send and receive money quickly. After receiving money, you can transfer it to your bank for free or for a fee if needed sooner. It's comparable to PayPal but may be easier for some to use. **What do you dislike about Venmo?** I'm not sure I like to have to note what the money was sent for or received for. I think there is an option to turn that off though, **What problems is Venmo solving and how is that benefiting you?** If a client wants to pay me through Venmo, it is easy for both of us. Just a couple clicks and the money is there. ### 42. A great alternative payment snd invoicing method **Rating:** 4.5/5.0 stars **Reviewed by:** Johanna L. | Office Manager, Small-Business (50 or fewer emp.) **Reviewed Date:** September 09, 2021 **What do you like best about Venmo?** I like the security. It is nice to have a 3rd party responsible for keeping accounts secure. Venmo is a trusted name and it makes people feel more comfortable. **What do you dislike about Venmo?** I dislike that communication and customer service can feel very unpersonal. The responses when trying to get assistance are very generic. **Recommendations to others considering Venmo:** This is a great secure option for your business. Definitely recommend implementation. **What problems is Venmo solving and how is that benefiting you?** Simplified payment options. Increased security measures and taken the responsibility off our practice. ### 43. User Friendly **Rating:** 3.5/5.0 stars **Reviewed by:** Verified User in Non-Profit Organization Management | Small-Business (50 or fewer emp.) **Reviewed Date:** July 19, 2018 **What do you like best about Venmo?** Venmo is user friendly and free. It connects people who need to share money. **What do you dislike about Venmo?** Owned by PayPal, a company I dislike. Also, the transactions are by default public - do you really want everyone seeing to whom you send money? **What problems is Venmo solving and how is that benefiting you?** It's super easy to set up and to ask your customers to set up. They can pay on the go. They also now have their own debit card so you can use that to get "real" money out. You can also link one or more debit cards or bank accounts. ### 44. Venmo is used everyday by my organization with my clients **Rating:** 3.5/5.0 stars **Reviewed by:** Jared S. | Online Fitness Coach/Personal Trainer, Small-Business (50 or fewer emp.) **Reviewed Date:** July 06, 2021 **What do you like best about Venmo?** Venmo is really easy to use and secure for my clients. The fees are low or non-existent for transactions and my clients are comfortable with it. **What do you dislike about Venmo?** Some of my clients don't have it or haven't heard of it and transactions don't go through to your bank account right away unless you pay additional. **What problems is Venmo solving and how is that benefiting you?** Venmo allows my business to collect money from clients. There are no other benefits that I can note. ### 45. Fast and simple way to make payments and accounts **Rating:** 4.0/5.0 stars **Reviewed by:** Jerri U. | Lending Specialist, Mid-Market (51-1000 emp.) **Reviewed Date:** April 02, 2021 **What do you like best about Venmo?** I just like Venmo, it's indeed easy to access between the two parties. It's a dependable way to put money in the hands of people, a good way to submit payments; all you have to do is unlock your application, set the number, and send. The thing I like the most are the very regular deals and cash incentives. I would want to have the ability to withdraw or deposit money directly through mine financial institution, my cell phone and the website. **What do you dislike about Venmo?** The one thing I just don't like how the older versions share underwriting that I consider should really be deactivated by law. But overall, it was really good program and I didn't have big problems. **Recommendations to others considering Venmo:** Extraordinary, very clear to use software and I suggest that your use it anywhere, whenever. Very valuable at individual basis or for a business that needs its payments and deposits quick and secure. Payments from Venmo are credited to any financial institution directly and shown in minutes. I believe that it is currently the best fast trading platform in a smartphone device. The business is really healthy and worth trying. **What problems is Venmo solving and how is that benefiting you?** A useful new tool in certain business, it is used primarily to collect payments to consumers and to guarantee certain transactions to certain suppliers. With this method, we were able to stop the use of checks altogether. It made our customers much quicker to get refund transactions and paid it back if it was an error at either end. The advantages are excellent and healthy. ### 46. Wonderful until it isn’t. **Rating:** 0.5/5.0 stars **Reviewed by:** Henk M. | Freelance Photographer, Small-Business (50 or fewer emp.) **Reviewed Date:** September 09, 2021 **What do you like best about Venmo?** I loved the ease and accessibility it allowed for my clients to purchase and send money without much hassle. **What do you dislike about Venmo?** I strongly dislike the random and excessive holds, the unreliability of the platform, and overall lack of transparency when issues did arise. **What problems is Venmo solving and how is that benefiting you?** It allowed my customers a familiar and relatively quick and simple solution to make payments ### 47. Venmo review **Rating:** 3.5/5.0 stars **Reviewed by:** Verified User in Individual & Family Services | Small-Business (50 or fewer emp.) **Reviewed Date:** August 10, 2021 **What do you like best about Venmo?** Easy to get paid, especially for small business owners **What do you dislike about Venmo?** The thing I don't like is that Venmo takes a percentage of my sales for using their application **Recommendations to others considering Venmo:** I would since it gives your customers the option to spend money how they prefer **What problems is Venmo solving and how is that benefiting you?** Easy payment process and encourages different types of customers to do business with us ### 48. a great way to transfer money **Rating:** 4.0/5.0 stars **Reviewed by:** Maura S. | Graduate Course Instructor, Small-Business (50 or fewer emp.) **Reviewed Date:** July 18, 2018 **What do you like best about Venmo?** I like the ease of use. I can send money from my phone **What do you dislike about Venmo?** That it sometimes is a bitch to connect the accounts **Recommendations to others considering Venmo:** Venmo is slightly better than Paypal. **What problems is Venmo solving and how is that benefiting you?** Transferring money used to be difficult. Now you can do it instantly and book spots quickly ### 49. UI experience **Rating:** 4.5/5.0 stars **Reviewed by:** Harshal K. | Software Engineer, Small-Business (50 or fewer emp.) **Reviewed Date:** April 21, 2021 **What do you like best about Venmo?** Makes it easy for business payments on the go which is a good to have feature. **What do you dislike about Venmo?** I think there can be more options for making the payments secure as others can see our transactions. **What problems is Venmo solving and how is that benefiting you?** Payment of bills, rent and at many stores it helps to go cashless and completely digital. ### 50. Venmo is great for instant money transfers **Rating:** 5.0/5.0 stars **Reviewed by:** Aaron H. | Business Owner, Small-Business (50 or fewer emp.) **Reviewed Date:** March 02, 2020 **What do you like best about Venmo?** I absolutely love Venmo. I use it nearly every single day whether it is friends, family, or business needs. One of the advantages Venmo has over other software like PayPal is that it offers free transfers between users. This is an attractive feature because nobody wants to have to pay a fee every time money is sent or received. **What do you dislike about Venmo?** One thing that bothers me about Venmo is that funds can be easily lost or accidentally sent with no money-back guarantee. Some other applications like PayPal offer a goods and services payment method where funds can be replaced if the sale was canceled or invalid. Venmo should add this feature. **Recommendations to others considering Venmo:** Venmo is wonderful for any transaction need. Just make sure you check out the privacy settings to make sure your account information is kept safe! **What problems is Venmo solving and how is that benefiting you?** Venmo has been great for my personal use within my business. I found that most customers used Venmo and this made transactions very easy because it was instant and on the spot. ## Venmo Discussions - [What is Venmo for Business used for?](https://www.g2.com/discussions/what-is-venmo-for-business-used-for) - 1 comment - [What happens if you use venmo for business?](https://www.g2.com/discussions/what-happens-if-you-use-venmo-for-business) - 1 comment - [Can you use venmo for business?](https://www.g2.com/discussions/can-you-use-venmo-for-business) - 1 comment - [View Venmo pricing details and edition comparison](https://www.g2.com/products/paypal-venmo/reviews?page=2&qs=pros-and-cons§ion=pricing&secure%5Bexpires_at%5D=2026-06-30+16%3A09%3A42+-0500&secure%5Bsession_id%5D=98cdf759-9163-4dbd-ae76-09d7965dac54&secure%5Btoken%5D=61a180a907ec55949979b19b3b96a44600b586ab80e9f0e04739db97d2fe990e&format=llm_user) ## Venmo Integrations - [PayPal Payments](https://www.g2.com/products/paypal/reviews) - [QuickBooks Online](https://www.g2.com/products/quickbooks-online/reviews) ## Venmo Features **Payment Processing** - Encryption - Credit Card Processing - Mobile Payments - Digital Wallet Integration **Administration** - Reporting & Analytics - E-commerce Integration - Processing Fees - POS Integration - Omnichannel - Levels 1 & 2 - Level 3 **Payment Options** - Multi-Currency - Online payment portal **Security** - POS Verification **Platform** - Accounting integration - E-commerce Integration ## Top Venmo Alternatives - [Amazon Pay for Business](https://www.g2.com/products/amazon-pay-for-business/reviews) - 4.5/5.0 (568 reviews) - [Stripe Payments](https://www.g2.com/products/stripe-stripe-payments/reviews) - 4.2/5.0 (450 reviews) - [Square Payments](https://www.g2.com/products/square-payments/reviews) - 4.5/5.0 (168 reviews)