Venmo logo

Venmo

by PayPal · Since 2009
No reviews yet
ActiveAvailable globallyCloudFree tier
Quick facts
VendorPayPal
Year launched2009
StatusActive
LocationNew York, NY 10003, United States.
Countries servedGlobal
Languages14
Integrations2+
Free tierYES
Free trialNO
Contact salesNO
Last reviewed: Jun 2026

About Venmo

A mobile payment service that allows users to send and receive money, split bills, and make purchases online or in-store. It features a social feed for transactions and integrates with bank accounts, debit cards, and credit cards.

Venmo by PayPal is a popular payment processing application that allows users to easily send and receive money from friends and family. Its standout features include seamless transactions, a user-friendly interface, and the ability to split bills with multiple users. The user interface of Venmo is sleek and intuitive, making it easy for even novice users to navigate the app. The design elements, such as the colorful payment history feed and emoji reactions, enhance the overall user experience and make transactions feel more personal. One of the core functionalities that distinguishes Venmo from its competitors is its social element. Users can share their transactions with friends and add comments and emoji reactions, adding a fun and engaging aspect to the payment process. Additionally, the ability to easily split bills and request money from multiple users sets Venmo apart in terms of convenience and versatility. In terms of performance, Venmo is fast, efficient, and reliable, even when managing large datasets or complex operations. Transactions are processed quickly and accurately, making it a dependable platform for everyday use.

Pros & Cons

Pros
  • Seamless peer-to-peer money transfers with a social interface.
  • Wide acceptance at online and physical merchants via the Venmo Debit Card.
  • Convenient bill splitting and expense tracking features.
  • No monthly fees for standard personal accounts.
  • Integrated support for cryptocurrency trading and management.
Cons
  • Instant transfers to bank accounts or debit cards incur a percentage-based fee.
  • Sending money using a linked credit card is subject to a 3% transaction fee.
  • Limited dispute resolution process compared to traditional banking institutions.
  • Cryptocurrency trading involves market volatility and transaction fees.

Features

Key features

Social Payment Feed

Allows users to share and comment on transactions with friends and family.

Bill Splitting

Enables users to divide expenses and request money from multiple contacts within the app.

Instant Transfers

Supports moving funds from the Venmo balance to linked bank accounts or debit cards in minutes.

Venmo Debit Card

Provides a physical card for spending the Venmo balance at Mastercard-accepting merchants with cash back rewards.

Direct Deposit

Allows users to receive paychecks directly into their Venmo account up to two days early.

Crypto Trading

Supports buying, selling, and transferring various cryptocurrencies directly within the app.

Business Profiles

Enables merchants to create profiles to accept payments and engage with customers.

Additional features

Purchase Protection

Offers security for eligible purchases made with Venmo.

QR Code Payments

Facilitates contactless payments in-store and between friends.

Gift Cards

Allows users to purchase and send digital gift cards from top brands.

Teen Accounts

Provides a supervised account for users aged 13-17 with parental controls.

Price Alerts

Sends notifications when the value of specific cryptocurrencies changes.

Mobile Wallet Integration

Supports adding the Venmo Debit Card to Apple Pay, Google Pay, and Samsung Pay.

Privacy Controls

Offers customizable settings to make transactions public, friends-only, or private.

Venmo Groups

Simplifies tracking and settling shared expenses for trips or household bills.

Cash Back Rewards

Provides cash back on purchases through the Venmo Stash program and credit card categories.

Pricing

Free trial
Free version
Request a quote
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Countries & Languages

Global
Countries served
14
Interface languages
20
Billing currencies

Interface languages

EnglishSpanishFrenchGermanItalianPortugueseDutchRussianJapaneseChineseKoreanTurkishIndonesianArabic

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇦🇺AUD🇨🇦CAD🇯🇵JPY🇨🇳CNY🇮🇳INR🇷🇺RUB🇧🇷BRL🇵🇭PHP🇲🇽MXN🇸🇬SGD🇨🇭CHF🇸🇪SEK🇳🇿NZD🇦🇷ARS🇰🇷KRW🇹🇷TRY🇿🇦ZAR

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