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About Venmo
Venmo is a digital payment and wallet gateway that allows customers to transfer money and make payments via their mobile device. Businesses are able to generate exposure for the brand as users share their purchases on the Venmo feed and are also able to offer a new social currency to a mobile-first audience.
The solution enables users to make payments by linking their debit cards or bank accounts directly via the app, or by transferring the money stored within their account. Besides initiating payments, consumers can receive and send payments from contacts and friends by selecting a @username, contact's name, email or phone number. All transfers can be cashed our immediately to a bank account or stored as a Venmo balance for use at a later time.
Venmo pricing
Venmo has a free version.
Starting Price:
Not provided by vendor
Free Version:
Yes
Free trial:
No
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Venmo Reviews
Feature rating
5 reviews of 9,174
View all reviews
Jerad
- Industry: Photography
- Company size: Self Employed
- Used Weekly for 1+ year
-
Review Source
Value for Money
5
Features
5
Ease of Use
5
Customer Support
5
5
Reviewed on 17/9/2024
Try it out
My overall experience with venmo is great!
Pros
How easy it is to send money to friends and family and how fast it goes through. So if friends or family really need some cash for maybe gas or let's say you need money, venmo is the quickest way to send and receive.
Cons
I recently did try to log back into my account because I forgot to change my phone number,
Bryan
- Industry: Hospitality
- Company size: 51–200 Employees
- Used Weekly for 1+ year
-
Review Source
Value for Money
5
Features
4
Ease of Use
5
Customer Support
4
4
Reviewed on 9/9/2024
Better than PayPal
Use it to take mobile payments when needed.
Pros
It's much better than PayPal and gives more options.
Cons
Still has some bugs and needs better features for multiple users.
Tiler
- Industry: Apparel & Fashion
- Company size: 2–10 Employees
- Used Weekly for 2+ years
-
Review Source
Value for Money
5
Features
5
Ease of Use
5
Customer Support
2
3
Reviewed on 12/9/2024
Venmo Review
Venmo is very user friendly and easy to use.
Pros
Almost everyone has it and it is faily easy to use.
Cons
Wehn needing to deposit money instantly there is a fee along with it.
Alternatives Considered
PayPalReasons for Switching to Venmo
It was convenient at the time and easy to use
Gabriel
- Industry: Graphic Design
- Company size: Self Employed
- Used Monthly for 2+ years
-
Review Source
Value for Money
5
Features
3
Ease of Use
5
Customer Support
4
5
Reviewed on 5/9/2024
Great form of extra payments plans
Pros
Easy to use and comes with a physical card to use.
Cons
The comment section and everybody being able to read my purchases or income.
Saemi
- Industry: Arts & Crafts
- Company size: Self Employed
- Used Weekly for 1+ year
-
Review Source
Value for Money
5
Features
5
Ease of Use
5
Customer Support
3
4
Reviewed on 13/8/2024
Just one thing That I need....
It is very convenient and can be used on any website. The platform is simple and provides easy access for clients and friends. Additionally, there are no fees for transfers that take 1-3 days. However, my experience is not 100% satisfactory due to the issue with the Setmore website settings. If there were a way to resolve this, my satisfaction would be complete.
Pros
It is very convenient and can be used on any website. The platform is simple and provides easy access for clients and friends. Additionally, there are no fees for transfers that take 1-3 days.
Cons
One drawback I've encountered is that while I use Venmo on various websites for class bookings and payments, Venmo itself cannot process payments directly. I have to connect it to PayPal, which complicates the setup. Additionally, I would prefer to display only Venmo as a payment option on the Setmore website, but this isn't allowed due to Venmo being linked to PayPal.
