National Processing vs Venmo

National Processing is a provider worth considering if lowest processing rates is your biggest priority. How does it compare to Venmo? Read our comparison chart below.

	National Processing	Venmo
	SPECIAL OFFER Get $500 If National Processing Can't Beat Your Current Rates* - Learn More Read National Processing Review	SPECIAL OFFER Try Venmo business profiles for 30 days - Learn More Read Venmo Review
	Benefits and Features
Customer Service	Phone, email, live chat	Phone, email, and messaging through the app
Good For	Small-medium businesses processing $5,000+ per month; Restaurants	Small mobile businesses and freelancers who want to take Venmo payments
Equipment	Card readers, terminals, and POS systems from Clover, SwipeSimple, Dejavoo, and Verifone; Mobile processing; Online gateway; ACH payments	None needed
Pricing Model	Interchange-Plus; Subscription available for high-volume businesses	Flat-Rate
Swipe Rate	Retail: Interchange + 0.18% + 10¢ Restaurants: Interchange + 0.14% + 7¢	1.9% + $0.10
Online Rate	Interchange + 0.29% + 15¢	2.9% + $0.30
Monthly Fee	$9.95/mo for Interchange-Plus plans Subscription plans are $59/mo or $199/mo	$0
Keyed-in Transaction Fee		N/A
Deposit Time	Next day funding	Instant access to the funds in your Venmo account for in-person payments.
Chargeback Fee	$15	N/A
	CreditDonkey® Reviews
Price
Customer Service
Equipment
Contract
Ecommerce
High Volume Business
Low Volume Business
Pros & Cons	Pros: Low interchange-plus rates Free equipment available Dedicated account manager Cons: Conditions to waive termination fee Free equipment has cancellation fee	Pros: Accept Venmo in-person Expand payment options Simple pricing Cons: Must go through PayPal or Braintree for online payments
Bottom Line	Provider worth considering if lowest processing rates is your biggest priority... Read full review	Good way for small businesses and freelancers to accept Venmo payments... Read full review
	Get $500 If National Processing Can't Beat Your Current Rates* Start Processing Payments Today Free Mobile Swiper	Try Venmo business profiles for 30 days
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

Get $500 If National Processing Can't Beat Your Current Rates*

Find Out More

*For merchants processing over $10k/month

Start Processing Payments Today

Get Started

• Free Reprogram of Existing Equipment
• Free Gateway Setup
• Free Mobile Reader

Free Mobile Swiper

Get Deal

Get approved for a new merchant account and get a free SwipeSimple mobile swiper

Try Venmo business profiles for 30 days

Start Selling

Cancel anytime.

Which is Better: National Processing or Venmo?

Still need help deciding which merchant services is better? Read the in-depth reviews below. You may also be interested in comparing National Processing or Square.

In short: National Processing's price, customer service, and high volume business are worth mentioning. In particular, the price and high volume business are impressive. Venmo's contract and low volume business are impressive.

Articles on National Processing

National Processing

National Processing offers low rates and free equipment. But what's the catch? See if this low-cost merchant services provider is right for your business.

Articles on Venmo

Venmo for Business

Merchants can use Venmo to accept payment. But is this social-friendly payment service a good option for your business? Read this review before you get started.

• Venmo vs Square
• Venmo vs PayPal
• Venmo vs Stripe

Which Do You Think is Best?

You Might Also Like

Cheapest Credit Card Processing

Looking for a cheap credit card processor for your small business? The right one can help you keep more profits. Here is a list of the top options.