Venmo

4.7 (9,210)
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Digital wallet & mobile payment gateway

About Venmo

Venmo is a digital wallet and payment gateway that allows customers to make payments and transfer money via mobile device. Businesses are able to offer a new social currency to a mobile-first audience, as well as generate exposure for the brand as users share their purchases on the Venmo feed.

The solution allows users to make payments by linking their bank accounts or debit cards directly via the app, or by transferring the money stored within their Venmo account. Besides initiating payments, consumers can send and receive payments from friends and contacts by selecting a contact's name, @username, phone number or email. All transfers can be stored as a Venmo balance for use at a later time, or cashed out immediately to a bank account.

The platform provides an intuitive user experience and speedy checkout system that enables customers to buy event tickets and pay for items with a few taps. Users can share their purchases with friends on their Venmo feed, as well as make comments and add emojis to payment descriptions and other contact’s shared purchases.

Users must link a credit card, debit card or checking account in order to use the service. Venmo safeguards payment data with encryption, allowing customers to pay safely and securely.


Key benefits of Venmo

  • Brands are able to generate exposure as users share their purchases with friends or contacts via the Venmo feed.

  • Venmo helps users stay in control of what they owe, what others owe them, and what they've bought.

  • Organizations can allow customers to pay them as easily as they pay their friends, with fewer taps and a speedy checkout system.

  • Venmo safeguards payment information using data encryption, enabling customers to securely pay contacts and transfer money to bank accounts.

  • Customers are able to find contacts automatically by syncing their Facebook account or phone contacts, and split and share payments.

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    Reviews

    Overall rating

    4.7 /5
    (9,210)
    Value for Money
    4.8/5
    Features
    4.6/5
    Ease of Use
    4.7/5
    Customer Support
    4.4/5

    Already have Venmo?

    Software buyers need your help! Product reviews help the rest of us make great decisions.

    Showing 5 reviews of 9,210
    gerald
    gerald
    Overall rating
    • Industry: Construction
    • Company size: 2–10 Employees
    • Used Daily for 1+ year
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 10.0 /10

    Solid Hands Home Creations

    Reviewed on 22/11/2023

    My experience has been overall wonderful I love behalf of there’s a lot of money flowing back-and-fo...

    My experience has been overall wonderful I love behalf of there’s a lot of money flowing back-and-forth through it, so that’s a good sign

    Pros

    Everything I really love the habits welcoming I love the colors I like the programming. The software is really easy user-friendly I really enjoy the app.

    Cons

    It does have some glitchy spots. Some spots that are just a little bit overly complicated overall great absolutely wonderful.

    Sanaa
    Overall rating
    • Industry: Health, Wellness & Fitness
    • Company size: Self Employed
    • Used Weekly for 2+ years
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 8.0 /10

    Fast and Easy Payments with Some Limitations

    Reviewed on 07/02/2025

    A convenient and widely accepted peer-to-peer payment tool, but could improve in terms of fees and...

    A convenient and widely accepted peer-to-peer payment tool, but could improve in terms of fees and security for larger transactions.

    Pros

    Instant, simple way to send and receive money, with a social element that makes it fun to share transactions.

    Cons

    Transaction limits and fees for instant transfers can be frustrating, and the app isn’t always the most secure when it comes to protecting user information.

    Jessica
    Overall rating
    • Industry: Hospital & Health Care
    • Company size: 201–500 Employees
    • Used Weekly for 6-12 months
    • Review Source

    Overall rating

    • Ease of Use
    • Likelihood to recommend 7.0 /10

    Venmo, like PayPal but not as good

    Reviewed on 10/10/2022

    . Well we're all experience with venmo has been decent but it could do better.

    . Well we're all experience with venmo has been decent but it could do better.

    Pros

    What I like most about venmo or it's similarities to PayPal.

    Cons

    What what I like least about venmo is the ability to obtain a debit card it's a little time-consuming and a lot of hopes to jump through

    Nick
    Overall rating
    • Industry: Consumer Services
    • Company size: 51–200 Employees
    • Used Monthly for 2+ years
    • Review Source

    Overall rating

    • Ease of Use
    • Likelihood to recommend 7.0 /10

    Venmo Review

    Reviewed on 28/10/2024

    Pros

    ease of use, it is very convenient for the user.

    Cons

    The only con mentionable can be transfer times depending on the bank being used.

    Mona
    Overall rating
    • Industry: Transportation/Trucking/Railroad
    • Company size: 2–10 Employees
    • Used Weekly for 1+ year
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 10.0 /10

    Awesome software

    Reviewed on 19/12/2024

    User friendly. Popularly used. Commonly used

    User friendly. Popularly used. Commonly used

    Pros

    Easy accessibility for payments. Easily connected to your bank account

    Cons

    Fees charged. Does not store previous contacts

    Showing 5 reviews of 9,210 Read all reviews

    Venmo FAQs

    Below are some frequently asked questions for Venmo.

    Venmo offers the following pricing plans:

    • Pricing model: Free Version
    • Free Trial: Not Available

    Contact Venmo for detailed pricing information.

    Venmo has the following typical customers:

    Self Employed, 2–10, 11–50, 51–200, 201–500, 501–1,000

    Venmo supports the following languages:

    English

    Venmo supports the following devices:

    Android (Mobile), iPhone (Mobile), iPad (Mobile)

    Venmo integrates with the following applications:

    Braintree, PayPal

    Venmo offers the following support options:

    Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support

    Related categories

    See all software categories found for Venmo.