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What is Venmo for Business?
Accept Venmo payments in your app, online, or in person and tap into our active community of more than 60 million people.
Company Details
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Real user data aggregated to summarize the product performance and customer experience.
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Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.
88 Likeliness to Recommend
98 Plan to Renew
89 Satisfaction of Cost Relative to Value
Emotional Footprint Overview
- Product Experience:
- 95%
- Negotiation and Contract:
- 90%
- Conflict Resolution:
- 93%
- Strategy & Innovation:
- 90%
- Service Experience:
- 96%
Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.
+92 Net Emotional Footprint
The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.
How much do users love Venmo for Business?
Pros
- Efficient Service
- Performance Enhancing
- Effective Service
- Saves Time
How to read the Emotional Footprint
The Net Emotional Footprint measures high-level user sentiment towards particular product offerings. It aggregates emotional response ratings for various dimensions of the vendor-client relationship and product effectiveness, creating a powerful indicator of overall user feeling toward the vendor and product.
While purchasing decisions shouldn't be based on emotion, it's valuable to know what kind of emotional response the vendor you're considering elicits from their users.
Footprint
Negative
Neutral
Positive
Feature Ratings
Mobile Payments
Credit Card Processing
Digital Wallet Integration
Multi Currency
Security
Recurring Payments
Integration With Accounting System
Reporting Analytics
POS Integration
E-Commerce Integration
POS Verification
Vendor Capability Ratings
Ease of Implementation
Ease of Customization
Business Value Created
Availability and Quality of Training
Usability and Intuitiveness
Ease of IT Administration
Breadth of Features
Quality of Features
Product Strategy and Rate of Improvement
Vendor Support
Ease of Data Integration
Venmo for Business Reviews
Kota G.
- Role: Student Academic
- Industry: Technology
- Involvement: End User of Application
Submitted Jan 2024
Checkmate
Likeliness to Recommend
What differentiates Venmo for Business from other similar products?
Work in most areas of the world,
What is your favorite aspect of this product?
Whenever I use the Venmo credit card gives me 3% cash back on every eligible purchase.
What do you dislike most about this product?
Take long time to verify the account details.
What recommendations would you give to someone considering this product?
Business account collects money on my behalf and do withdrawal after customers paying and allows cryptocurrency investments.
Pros
- Reliable
- Performance Enhancing
- Efficient Service
- Inspires Innovation
Please tell us why you think this review should be flagged.

Yinne L.
- Role: Sales Marketing
- Industry: Other
- Involvement: Business Leader or Manager
Submitted Jan 2022
I love how easy it is to use venmo
Likeliness to Recommend
What differentiates Venmo for Business from other similar products?
I have worked with many clients to build a website on the Demandware platform and used venmo as a payment integration. Venmo provides seamless integration with DW and provides ready-to-embed code. So, in no time, the payment integration is ready. I love how easy it is to use venmo. It also takes me out of having to think about payments once they've been entered and alerts me with an email if something needs my attention. Venmo is a great software for taking payments and setting up recurring payments.
What is your favorite aspect of this product?
In the last project, the Client also wanted to use the PayPal integration, but did not want to manage 2 merchant accounts for settlement. We use venmo as now venmo also offers Paypal integration. The customer was quite happy with this decision. It allows you to transact all of your payment processes, such as credit card and ACH payments, access and update customer information, add and manage service offerings, and access reports and dashboards, directly on your mobile device, either in the Android or iOS app.
What do you dislike most about this product?
API sometimes is confusing and documentation makes it even more confusing. Fraud detection must be more intelligent and be based on machine learning.
What recommendations would you give to someone considering this product?
If you want a reliable and secure payment gateway, Venmo is a great solution. Your dev ops team will really appreciate it. It doesn't provide advanced fraud management capabilities, so you may want to integrate with another provider that uses machine learning and artificial intelligence to detect fraudulent transactions based on available data.
Pros
- Helps Innovate
- Continually Improving Product
- Reliable
- Performance Enhancing
Please tell us why you think this review should be flagged.

Feastre L.
- Role: Sales Marketing
- Industry: Other
- Involvement: Business Leader or Manager
Submitted Oct 2022
Venmo your investment in the best hands
Likeliness to Recommend
What differentiates Venmo for Business from other similar products?
Remote banking complicates a bit the ability to move money the way businesses want, but Venmo allows users access to consent a cash and card management account in a single account. Venmo claims users can affluence less on the monotonous work and more on the big picture with integrated tools and integrations to proceed cost tracking, earn points on every card purchase, with live support.
What is your favorite aspect of this product?
We use Venmo as our primary credit card merchant. More specifically, we use Venmo to track our spending and collect rewards. We are also using the rewards they are offering. It's easy to rush transactions and offers good possessions to spend. It doesn't deteriorate as much on the money side, but the affable user interface with technology is appreciated in representation with a conventional bank.
What do you dislike most about this product?
It can be somewhat overloaded to bequeath money between the credit card and the bank, another plus point offers more help in identifying areas of overspending, not to leave behind help in making an accompaniment of spending on commensurate accounts.
What recommendations would you give to someone considering this product?
I would recommend it to technology companies to opt for an interface and a test that highly improve those of existing banks. It is also good to have a large line of credit in representation with what is traditionally offered.
Pros
- Reliable
- Trustworthy
- Inspires Innovation
- Caring
Please tell us why you think this review should be flagged.
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