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Venmo for Business Logo
Venmo for Business Logo
Venmo

Venmo for Business

Composite Score
8.0 /10
CX Score
8.2 /10
Category
Venmo for Business
8.0 /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.

84 Likeliness to Recommend

4
Since last award

93 Plan to Renew

5
Since last award

88 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.

+90 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
8% Neutral
92% Positive

Pros

  • Trustworthy
  • Saves Time
  • Efficient Service
  • Fair

Feature Ratings

Average 83

Mobile Payments

87

Credit Card Processing

87

Digital Wallet Integration

86

Security

86

Recurring Payments

84

POS Verification

83

POS Integration

82

Multi Currency

82

E-Commerce Integration

82

Integration With Accounting System

80

Reporting Analytics

80

Vendor Capability Ratings

Average 80

Ease of Customization

82

Business Value Created

82

Ease of IT Administration

82

Ease of Implementation

82

Usability and Intuitiveness

81

Breadth of Features

81

Availability and Quality of Training

80

Quality of Features

79

Ease of Data Integration

79

Vendor Support

78

Product Strategy and Rate of Improvement

76

Venmo for Business Reviews

Libby B.

  • Role: C-Level
  • Industry: Entertainment
  • Involvement: Business Leader or Manager
Validated Review
Verified Reviewer

Submitted Mar 2021

Venmo makes things easy!

Likeliness to Recommend

10 /10

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
  • Role: Industry Specific Role
  • Industry: Healthcare
  • Involvement: End User of Application
Validated Review
Anonymous Reviewer

Submitted Jul 2021

Fantastic product

Likeliness to Recommend

10 /10

Pros

  • Continually Improving Product
  • Helps Innovate
  • Performance Enhancing
  • Unique Features

Most Popular Venmo for Business Comparisons

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