Venmo for Business Logo
Venmo for Business Logo
Venmo

Venmo for Business

Composite Score
7.9 /10
CX Score
8.1 /10
Category
Venmo for Business
7.9 /10

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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Awards & Recognition

Venmo for Business won the following awards in the Payment Processing category

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Venmo for Business Ratings

Real user data aggregated to summarize the product performance and customer experience.
Download the entire Product Scorecard to access more information on Venmo for Business.

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


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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?

0% Negative
6% Neutral
94% Positive

Pros

  • Efficient Service
  • Performance Enhancing
  • Trustworthy
  • Effective Service

Feature Ratings

Average 88

Credit Card Processing

92

Mobile Payments

90

Digital Wallet Integration

89

Multi Currency

89

Security

89

Recurring Payments

88

Integration With Accounting System

88

POS Integration

87

E-Commerce Integration

87

POS Verification

86

Reporting Analytics

84

Vendor Capability Ratings

Average 84

Ease of Implementation

89

Ease of Customization

88

Business Value Created

87

Usability and Intuitiveness

86

Availability and Quality of Training

84

Ease of IT Administration

83

Breadth of Features

82

Vendor Support

82

Ease of Data Integration

81

Quality of Features

81

Product Strategy and Rate of Improvement

81

Venmo for Business Reviews

Akira A.

  • Role: Sales Marketing
  • Industry: Banking
  • Involvement: IT Leader or Manager
Validated Review
Verified Reviewer

Submitted Sep 2021

The best application

Likeliness to Recommend

9 /10

What differentiates Venmo for Business from other similar products?

Allow clients to pay with Venmo at checkout on your mobile website or app, and you'll reap the social benefits of the Venmo network even after the sale has been completed.

What is your favorite aspect of this product?

I like that I can take payments from people all over the world using Venmo. I can get my money immediately away because it can connect to my bank account. So don't be concerned about me.

What do you dislike most about this product?

The only thing I don't like about Venmo is that others can see who you're paying and what you're paying them for.

What recommendations would you give to someone considering this product?

This is a safe and secure option for your business, it is definitely suggested that you put your plan into action.

Pros

  • Helps Innovate
  • Enables Productivity
  • Trustworthy
  • Caring

Lingh F.

  • Role: Sales Marketing
  • Industry: Technology
  • Involvement: IT Leader or Manager
Validated Review
Verified Reviewer

Submitted Sep 2021

One of the best mobile-payment systems

Likeliness to Recommend

9 /10

What differentiates Venmo for Business from other similar products?

Venmo is a payment service that allows users to send direct bank transfers (ACH) or card payments to one another through a cell phone application that is extremely simple to use and accessible thanks to its QR feature.

What is your favorite aspect of this product?

It was extremely simple to set up and use. It's convenient to be able to invoice vendors and pay personal bills no matter where I was or what time it was. People in the film industry do not work regular hours and prefer to be paid only when their work is finished. Venmo, which eliminates the need for a wait, makes this possible. So far, I've had no problems using Venmo to pay vendors. I can always go back and look for transaction records.

What do you dislike most about this product?

The only thing I would change, and this is entirely subjective, is to have more payment subject images available for use in posting transaction details.

What recommendations would you give to someone considering this product?

Venmo is a fantastic tool for contract collection and payment, and I highly recommend it. It's easy to use and offers a variety of payment options.

Pros

  • Helps Innovate
  • Reliable
  • Performance Enhancing
  • Enables Productivity

yoko c.

  • Role: Sales Marketing
  • Industry: Telecommunications
  • Involvement: IT Leader or Manager
Validated Review
Verified Reviewer

Submitted Sep 2021

the best choice in digital transfers

Likeliness to Recommend

8 /10

What differentiates Venmo for Business from other similar products?

Transfer money with the help of an app. Venmo is a social media-integrated peer-to-peer money transfer app. Money can be sent or requested via text message using emojis and a news feed similar to Facebook. There's no need to be concerned, as the dollar amounts of transfers are always kept private and you have full control over who sees them. Choose whether or not the public, a select group of friends or your complete confidentiality can see your payments

What is your favorite aspect of this product?

Sending money is a cinch when using Venmo. With their QR option, I can instantly send money and have it go directly into my bank account, which is extremely convenient for me. It's the best option for you at the moment, in my humble opinion.

What do you dislike most about this product?

Check your privacy settings to make sure your payment history isn't automatically shared with the public. Keep in mind when making future updates that payments from outside of the United States will not be accepted.

What recommendations would you give to someone considering this product?

It's been a breeze for me to send and receive money using this method, and it also works with other payment options. This is a great workaround for when I don't have access to Venmo and need to send money to friends and family without depleting my savings. Venmo saved the day for all three of us.

Pros

  • Reliable
  • Enables Productivity
  • Trustworthy
  • Inspires Innovation

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