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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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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
Raymond M.
- Role: Sales Marketing
- Industry: Electronics
- Involvement: End User of Application
Submitted May 2023
Great and trustworthy
Likeliness to Recommend
What differentiates Venmo for Business from other similar products?
Their 100 percent backing to help customers
What is your favorite aspect of this product?
No hidden cost
What do you dislike most about this product?
The price is increasing slowly
What recommendations would you give to someone considering this product?
Go for it
Pros
- Continually Improving Product
- Enables Productivity
- Unique Features
- Efficient Service
Kat M.
- Role: Industry Specific Role
- Industry: Education
- Involvement: IT Development, Integration, and Administration
Submitted May 2023
Helpful in fundraising!
Likeliness to Recommend
What differentiates Venmo for Business from other similar products?
It is quick and easy!
What is your favorite aspect of this product?
How fast money is transferrred
What do you dislike most about this product?
How it lists what others are buying
What recommendations would you give to someone considering this product?
It works very easily and is user-friendly! Not a ton of bells and whistles but trust me, it does work!
Pros
- Trustworthy
- Efficient Service
- Caring
- Respectful
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
