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Venmo

By PayPal

4.6 out of 5 stars

How would you rate your experience with Venmo?

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Lisa U.
LU
Dog Trainer
Small-Business (50 or fewer emp.)
"Really wouldn’t use this for business"
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. Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

Venmo Reviews & Product Details

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Value at a Glance

Averages based on real user reviews.

Time to Implement

3 months

Return on Investment

9 months

Venmo Integrations

(2)
Integration information sourced from real user reviews.
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Venmo Reviews (241)

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Reviews

Venmo Reviews (241)

View 1 Video Reviews
4.6
242 reviews

Pros & Cons

Generated from real user reviews
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Thomas L.
TL
Director, Media & Digital Marketing
Small-Business (50 or fewer emp.)
"Venmo Revolutionizes Payments and Makes Splitting Bills Effortless"
What do you like best about Venmo?

Venmo is an absolute game-changer. From splitting a check at a restaurant, to collecting money for any of my daughter's sporting events, collecting payment for her Girl Scout cookies, dividing up bills with my significant other - just an incredible product that has revolutionized the way we pay folks. Review collected by and hosted on G2.com.

What do you dislike about Venmo?

Privacy concerns, I try to keep all of my payments private in the settings, but it's weird how your network is aware of what you are buying - whether it be that Pizza that violated your diet or something more nefarious like what was going on with Tyler Skaggs and the Angels. I wouldn't use it for large transfers - like if I was buying a house lol - but for small payments between friends, family - even strangers at a Garage sale, I like it. Review collected by and hosted on G2.com.

Mark S.
MS
Senior Account Manager
Small-Business (50 or fewer emp.)
"The fastest and easiest way to send money to friends, period."
What do you like best about Venmo?

The unmatched ease and speed of use for sending money to friends and family is the best feature. The social feed aspect and the fact that almost everyone I know uses it makes splitting bills, paying rent, and managing group expenses frictionless. It is the definitive P2P standard. Review collected by and hosted on G2.com.

What do you dislike about Venmo?

The main downside is the lack of robust fraud and error protection compared to a bank, and the 3% fee for sending money via a credit card. Also, the public social feed can be an annoyance, and the customer support options for account disputes are often difficult and slow to access. Review collected by and hosted on G2.com.

Jhunjie Dinah D.
JD
Accountant
Enterprise (> 1000 emp.)
"Venmo Review"
What do you like best about Venmo?

What I like best about Venmo is how quick and seamless it makes sending and receiving money. The app is very user-friendly, payments are almost instant, and I can easily split expenses with friends or pay small businesses without hassle. I also like the added transparency through the payment history, which helps me track transactions easily. Review collected by and hosted on G2.com.

What do you dislike about Venmo?

What I dislike about Venmo is that not all merchants accept it, and transferring money to a bank account can sometimes take longer unless you pay an extra fee for instant transfer. I also wish the security and privacy settings were more customizable. Review collected by and hosted on G2.com.

Ana Maria Goncalves de Benedicto de L.
AL
Equity administrator assistant
Small-Business (50 or fewer emp.)
"The easiest way to move money between friends and family"
What do you like best about Venmo?

I really like Venmo. It removes the friction from paying people back, whether it’s splitting dinner, covering kids’ activity fees, or sending money to family. The app is quick to open, the design is clean, and payments go through without drama. I use QR codes often, and it’s great not to swap account numbers. Notifications arrive instantly, and the activity list makes it easy to confirm who paid what and when. Standard bank transfers are free; instant transfers cost a small fee but hit my account within minutes, which is worth it when timing matters. Review collected by and hosted on G2.com.

What do you dislike about Venmo?

My only gripe: opening a dispute/reporting an issue isn’t very intuitive. Review collected by and hosted on G2.com.

KR
IT administrator
Small-Business (50 or fewer emp.)
"Effortless Money Transfers Everyone Loves"
What do you like best about Venmo?

it's easy to send money, and everyone likes money. Review collected by and hosted on G2.com.

What do you dislike about Venmo?

Not really sure about dislikes, may be I dont use it a whole lot to see any dislikes, uhh there is a small fee to get money fairly quick.. Review collected by and hosted on G2.com.

NL
Cost Accountant
Pharmaceuticals
Mid-Market (51-1000 emp.)
"Satisfactory P2P Payment Approach, but has Transactions Limitations"
What do you like best about Venmo?

Venmo has demonstrated a user interface dashboard that helps us receive and send money on time

We have experienced swift integration from Venmo with other engaging apps

Venmo is seamlessly linked with banks for quick transfers

Multiple online retailers accepts Venmo as a payment method Review collected by and hosted on G2.com.

What do you dislike about Venmo?

Venmo has transfer limits, which restrict large users who need to transfer hefty amounts of money

The app has limits on instant transfers Multiple online, where standard one takes quite some time to reflect Review collected by and hosted on G2.com.

Stephanie M. J.
SJ
Owner
Small-Business (50 or fewer emp.)
"Quick and Easy way to send money"
What do you like best about Venmo?

I really appreciate how fast and seamless money transfers are now. I hardly ever carry cash anymore, so it’s incredibly convenient not having to find an ATM or worry about exact change. Whether it's splitting a bill, paying for services, or sending money to friends or family, it all happens instantly from my phone. It's secure, trackable, and just makes everyday transactions so much easier. If you aren’t using it already I would highly recommend! Review collected by and hosted on G2.com.

What do you dislike about Venmo?

I dislike the feeling charge to expedite the transfer. I understand that’s part of how they make a profit but having availability of funds sooner would be helpful at a lower cost. Review collected by and hosted on G2.com.

Emily B.
EB
Administration
Small-Business (50 or fewer emp.)
Guest users or non-business users of the software, not included in G2 scores.
"Venmo has been my go to for years!"
What do you like best about Venmo?

I have been using Venmo for a few years and it’s honestly the easiest to use in comparison to cash app or PayPal. And the pink debit card they offer is so cute! For me it’s just easier to send money to either family or services I got done! Review collected by and hosted on G2.com.

What do you dislike about Venmo?

I’m not a huge fan of the check deposit. It doesn’t bother me that much just because I don’t really use checks but the time I did I kept getting flagged super frustrating. Review collected by and hosted on G2.com.

ML
Senior Accountant
Information Technology and Services
Small-Business (50 or fewer emp.)
"Secure and Simplified Peer to Peer Payment Systems, but Some Restrictions Noted"
What do you like best about Venmo?

Venmo is a globally accepted payment gateway, that successfully accept payments from diverse countries or sources

We get robust and remarkable buyer protection from this software

With Venmo, we can make peer to peer payments or transfers mostly with family and friends

Venmo has absolutely high security systems Review collected by and hosted on G2.com.

What do you dislike about Venmo?

Venmo suits US citizens or users, which limits its access

The restrictions makes it less effective Review collected by and hosted on G2.com.

MC
Logistics Coordinator
Logistics and Supply Chain
Small-Business (50 or fewer emp.)
"Safe and efficient one way to securely send funds."
What do you like best about Venmo?

I like that I myself can send money safely with Venmo and not have to worry about security issues. The customer service is amazing and will help you right away. I like the features it offers, And the ease of the Gui which makes a simple way to integrate. I use frequently, I like the implementation of how easy it is. Review collected by and hosted on G2.com.

What do you dislike about Venmo?

The least helpful thing is nothing. And I have no issues. Review collected by and hosted on G2.com.

Pricing Insights

Averages based on real user reviews.

Time to Implement

3 months

Return on Investment

9 months

Average Discount

7%

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Venmo Features
Encryption
Credit Card Processing
Mobile Payments
Reporting & Analytics
E-commerce Integration
Processing Fees
Multi-Currency
Online payment portal
POS Verification