.png){kind=small}
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
Need Assistance?
We're here to help you with understanding our reports and the data inside to help you make decisions.
Get AssistanceVenmo 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.
88 Likeliness to Recommend
98 Plan to Renew
89 Satisfaction of Cost Relative to Value
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.
+94 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
Mobile Payments
Credit Card Processing
Digital Wallet Integration
Security
Recurring Payments
POS Verification
Multi Currency
POS Integration
E-Commerce Integration
Integration With Accounting System
Reporting Analytics
Vendor Capability Ratings
Ease of Implementation
Usability and Intuitiveness
Availability and Quality of Training
Ease of Customization
Business Value Created
Ease of IT Administration
Breadth of Features
Quality of Features
Ease of Data Integration
Product Strategy and Rate of Improvement
Vendor Support
Venmo for Business Reviews
Dan J.
- Role: Sales Marketing
- Industry: Other
- Involvement: Business Leader or Manager
Submitted Jul 2021
User Friendly and Reliable
Likeliness to Recommend
What differentiates Venmo for Business from other similar products?
I've been using Venmo for two or three years now and it remains an integral part of our payments processing. It's easy to set up, easy to use, and reliable every single time. It's one of the best/favorite apps I have.
What is your favorite aspect of this product?
Usability. I don't need complexity in payments receipt and processing. Venmo just make it simple and seamless.
What do you dislike most about this product?
I still have underlying questions/concerns about security and future product direction but they're minimal.
What recommendations would you give to someone considering this product?
Try it, do your research, ask lots of questions. It stands on its own merits.
Pros
- Reliable
- Enables Productivity
- Trustworthy
- Efficient Service
Kurt F.
- Role: Information Technology
- Industry: Healthcare
- Involvement: End User of Application
Submitted Jun 2021
Easy to move money around and pay for services!
Likeliness to Recommend
What differentiates Venmo for Business from other similar products?
Easy to find folks to send payment too.
What is your favorite aspect of this product?
Social aspect!
What do you dislike most about this product?
No integration with Paypal
What recommendations would you give to someone considering this product?
Quality product.
Pros
- Saves Time
- Helps Innovate
- Continually Improving Product
- Reliable
Libby B.
- Role: C-Level
- Industry: Entertainment
- Involvement: Business Leader or Manager
Submitted Mar 2021
Venmo makes things easy!
Likeliness to Recommend
What differentiates Venmo for Business from other similar products?
They don鈥檛 take a cut of the payment you receive and only charge the customer if they are using a credit card.
What is your favorite aspect of this product?
The fact that they don鈥檛 deduct anything when you receive a payment. I also appreciate the fact that I have the option of keeping my funds in my Venmo account or transferring them to my bank account. There鈥檚 also no monthly maintenance fee for keeping funds in my Venmo account which I also appreciate.
What do you dislike most about this product?
I do wish I had the option to choose my fu sing source when making a payment via Venmo. As of now if there is enough money in your Venmo account, all payments automatically come from there. Sometimes I鈥檇 rather be able to leave that money untouched and pay via Venmo using a different card.
What recommendations would you give to someone considering this product?
I鈥檇 say 100% sign up! It is the fastest and most convenient way to send and receive money. I鈥檇 also suggest getting the Venmo card as it is accepted in so many places, it really just adds to the convenience factor.
Pros
- Helps Innovate
- Continually Improving Product
- Reliable
- Performance Enhancing
