Venmo Overview
What is 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.
Venmo Overview
Pricing
Pricing options
Contact Venmo for detailed pricing information.
Venmo Features
Media
Venmo Reviews
Venmo Reviews
Why Would You Pay Another Way?
Fantastic. It gets the job done effortlessly.
Fast. Safe. Confident - guaranteed.
Being a non-profit organization, Border Town Betties Pinup Social Club was - just like many other similar organizations - hit hardly by covid restrictions and cancellation. Naturally, we've transferred most of our activities and events online. Those of course included raffles, online auctions, donations and also funds from our charity sales. Venmo helped us successfully provide our supporters a convenient, easy and (what's the most important at the times of pandemics) safe and totally contactless way to pay for merchandise or donate to support a charity cause. We have an absolutely solid peace of mind, knowing that we can always rely on Venmo customer support when it comes to keeping track of all transactions, keeping our customers data safe and answering really fast to whatever concerns might appear. I personally think Venmo is a really useful innovation which improves lives of small business owners and saves them tons of time and nerves.
Middle of the Road
Well, given whatI've written above not a good time at all.
My favorite money app!!!
Venmo has been very useful in quickly transferring money between friends. It's a great option also if you want to stash money away for a rainy day or vacation fund. Venmo is the best money app I've ever used and I will definitely continue to recommend it to friends.
LOVE Venmo - game changer!
I literally use Venmo almost daily to pay people, get paid for both business and personal use, and love how easy and fast it is.
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Why Would You Pay Another Way?
Pros
It is so easy to make payments it's insane. This little app can do anything from splitting checks to invoicing freelance jobs.
Cons
There isn't much I don't like about Venmo. The social side of it is okay and I don't care much about that part since I like to keep my payments private.
Fast. Safe. Confident - guaranteed.
Being a non-profit organization, Border Town Betties Pinup Social Club was - just like many other similar organizations - hit hardly by covid restrictions and cancellation. Naturally, we've transferred most of our activities and events online. Those of course included raffles, online auctions, donations and also funds from our charity sales. Venmo helped us successfully provide our supporters a convenient, easy and (what's the most important at the times of pandemics) safe and totally contactless way to pay for merchandise or donate to support a charity cause. We have an absolutely solid peace of mind, knowing that we can always rely on Venmo customer support when it comes to keeping track of all transactions, keeping our customers data safe and answering really fast to whatever concerns might appear. I personally think Venmo is a really useful innovation which improves lives of small business owners and saves them tons of time and nerves.
Pros
I like how easy Venmo is to operate and use, how much the developers put into users' sensitive data safety, fraud protection and guaranteed timely and prompt transactions. It's easy to use and fairly priced, perfect for a small business in our trying times.
Cons
I would like to see a credit line or other similar products available from Venmo. I would also like to have an opportunity of shared savings account and other banking products from this company.
Middle of the Road
Well, given whatI've written above not a good time at all.
Pros
The user base is pervasive. Too many customers had Venmo, and not PayPal (but not both like me).
No problems with the interface.
Cons
Main problem being the company's communications regarding my dispute of a via Venmo purchase:
>>Your account is on hold.
There wasn't enough money in your bank account for some payments you made, so Venmo covered the amount for you.
You won't be able to pay people or transfer money to your bank account until you pay Venmo back.
Pay Venmo back
Amount you still owe
$35.00<<o recourse to dispute or contend the charge because Venmo handled the transaction but refused to it when the didn't go through and I canceled the payment.o one to speak to, no one to contact, robot menus that cover all options except the reason you're calling, call centers with employees with no powers to do anything about a problem without asking their supervisor.
This usually involves another long wait on hold and transfer to someone who must be explained the issue all over again from scratch. I estimate that I have had to explain my sometimes simple issue over and over 4 times. Because no one can be bothered to brief the person you're transferring the call to!
To me this reeks of bad management bad training and a faulty power sructure.
My favorite money app!!!
Venmo has been very useful in quickly transferring money between friends. It's a great option also if you want to stash money away for a rainy day or vacation fund. Venmo is the best money app I've ever used and I will definitely continue to recommend it to friends.
Pros
I love that it's free. There's no fees to have an account, or to use the card, with the exception of withdrawing money from an atm. They sent me a venmo debit card with my name on it, and the only time I lost it, they had it replaced in 5 days!
Cons
The ONLY thing I don't like about venmo is the atm withdrawal fee. It seems a little high compared to other cards I've had and it charged me 3$ for a 20$ withdrawal.
LOVE Venmo - game changer!
I literally use Venmo almost daily to pay people, get paid for both business and personal use, and love how easy and fast it is.
Pros
It is so easy to use, almost everyone has it, and I no longer need to uncomfortably follow up with people to be paid. Rather, I can just send a Venmo request for funds and a follow up request if needed.
Cons
I can only send one follow up request for money, it would be nice to have the option to send it more times.
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Venmo Pricing
Venmo Pricing
Contact Venmo for detailed pricing information.
Contact Venmo for detailed pricing information.
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Venmo Features
Venmo Features
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Categories
Categories
Additional information for Venmo
Additional information for Venmo
Key features of Venmo
- Account settings
- Commenting
- Data encryption
- Data storage
- E-tickets sent via email
- Emojis
- LInk bank accounts and debit cards
- Make payments
- Mobile-first
- Money transfers
- PIN code
- POS (point of sale)
- Passwords & authorizations
- Payment check-out
- Purchases
- Request money
- Share payments
- Social currency
- Split bills
- Sync with Facebook and phone contacts
- Track payments
Benefits
Venmo FAQs
Venmo FAQs
Below are some frequently asked questions for Venmo.
Q. What type of pricing plans does Venmo offer?
Venmo offers the following pricing plans:
Pricing model: Free
Free Trial: Not Available
Contact Venmo for detailed pricing information.
Q. What are the main features of Venmo?
Venmo offers the following features:
- Account settings
- Commenting
- Data encryption
- Data storage
- E-tickets sent via email
- Emojis
- LInk bank accounts and debit cards
- Make payments
- Mobile-first
- Money transfers
- PIN code
- POS (point of sale)
- Passwords & authorizations
- Payment check-out
- Purchases
- Request money
- Share payments
- Social currency
- Split bills
- Sync with Facebook and phone contacts
- Track payments
Q. Who are the typical users of Venmo?
Venmo has the following typical customers:
Small Business, Freelancers, Mid Size Business
Q. What languages does Venmo support?
Venmo supports the following languages:
English
Q. What type of pricing plans does Venmo offer?
Venmo has the following pricing plans:
Free
Q. Does Venmo support mobile devices?
Venmo supports the following devices:
Android, iPhone, iPad
Q. What other apps does Venmo integrate with?
Venmo integrates with the following applications:
Facebook, Givebutter, PayPal Checkout
Q. What level of support does Venmo offer?
Venmo offers the following support options:
Online Support, Phone Support, Knowledge Base, FAQs
Fantastic. It gets the job done effortlessly.