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.
87 Likeliness to Recommend
97 Plan to Renew
90 Satisfaction of Cost Relative to Value
1
Since last award
Emotional Footprint Overview
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.
+91 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
- Trustworthy
- Effective Service
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
Credit Card Processing
Mobile Payments
Digital Wallet Integration
Multi Currency
Security
Recurring Payments
Integration With Accounting System
POS Integration
E-Commerce Integration
POS Verification
Reporting Analytics
Vendor Capability Ratings
Ease of Implementation
Ease of Customization
Business Value Created
Usability and Intuitiveness
Availability and Quality of Training
Ease of IT Administration
Breadth of Features
Vendor Support
Ease of Data Integration
Quality of Features
Product Strategy and Rate of Improvement
Venmo for Business Reviews
Katiria R.
- Role: Operations
- Industry: Retail
- Involvement: IT Leader or Manager
Submitted Feb 2022
I love Venmo!
Likeliness to Recommend
What differentiates Venmo for Business from other similar products?
I've used venmo for the business and in my personal life, as well as other payment platforms but this one has been my favorite for years now. Extremely easy to use, everyone has it and very fast.
What is your favorite aspect of this product?
Connecting the bank account information makes it easy to transfer balances. Now you can just scan a QR code that is provided to you by the app so people scan easily find your through the camera. If you plan on doing repetitive payments, you can add people as friends and repeat it.
What do you dislike most about this product?
There isn't anything I dislike at the moment. It has all the features I need and want.
What recommendations would you give to someone considering this product?
If you don't have it already, you should get in the game and catch up!
Pros
- Continually Improving Product
- Trustworthy
- Friendly Negotiation
- Appreciates Incumbent Status
Please tell us why you think this review should be flagged.
Hegar M.
- Role: Sales Marketing
- Industry: Other
- Involvement: Business Leader or Manager
Submitted Jan 2022
The support is the best i have ever come across
Likeliness to Recommend
What differentiates Venmo for Business from other similar products?
venmo Billing is straightforward to implement and removes the headache of the periodic billing process. Implements wonderfully in the "venmo Experience," providing excellent and well thought out APIs and 24/7 incredibly dedicated support with passion for what they do. The support is the best i have ever come across, and they treat you like you are a massive customer of them, regardless of your size, making you feel appreciated.
What is your favorite aspect of this product?
Super easy to set up, tons of integrations. Intuitive interface that every accountant can get acquainted in minutes. From manual invoice generation to integration with advanced billing everything works fine.The fact that I dont have to take a screenshot for a refund receipt, I can just hit their little send refund tab and enter the email makes sending a receipt a breeze.
What do you dislike most about this product?
Honestly, it has been working seamlessly compared to other services like it, and I have yet to come across an issue while using the program that would cause me to dislike it.
What recommendations would you give to someone considering this product?
Learn as much as you can about the product before using it.It's so easy to use, understand, troubleshoot, and set up
Pros
- Helps Innovate
- Continually Improving Product
- Reliable
- Performance Enhancing
Please tell us why you think this review should be flagged.
Josue M.
- Role: Sales Marketing
- Industry: Other
- Involvement: Business Leader or Manager
Submitted Jan 2022
Our company has been using venmo for more than 13
Likeliness to Recommend
What differentiates Venmo for Business from other similar products?
This system is the simplest for collecting all types of electronic payments, including major credit cards and ACH. It also has good integrations for local and online apps to collect payments within your existing systems relatively seamlessly. Our company has been using venmo for more than 13 years. Our search for a payment processing solution ended when we found venmo. It allows payment scheduling, which is a much-needed feature for us. It simply met all of our needs in handling our payment related services.
What is your favorite aspect of this product?
The experience as a whole has been excellent. The ability to send invoices, post a link on my site for people to pay, and collect payments myself by credit card and ACH has helped me grow my productivity and my business. Also, the staff has remained helpful since the beginning. Approval was quick and simple, and when I wanted higher ACH limits and lower credit card processing fees, my requests were handled immediately.
What do you dislike most about this product?
For a few years now, I have been requesting the ability to include it as a quote, not just an invoice. They say it's the works, but I haven't seen it yet.
What recommendations would you give to someone considering this product?
Once you enter the live account setup process with venmo, you should be provided with a summary of all these additional fees. However, I think the initial ad transparency could be improved with just a few simple tweaks to the site. I still find the selling experience with venmo to be pretty straightforward and generally better than average. Just make sure you understand that a tiered pricing structure has more than one fee and that Venmo will set up a merchant account for you with a third party.
Pros
- Helps Innovate
- Continually Improving Product
- Reliable
- Performance Enhancing
Please tell us why you think this review should be flagged.
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