National Processing vs Venmo
National Processing is a flat-rate processor with low in-person transaction fees. How does it compare to Venmo? Read our comparison chart below.
Learn More | Visit Site | |
National Processing | Venmo | |
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Try Venmo business profiles for 30 days - | ||
Benefits and Features | ||
Monthly Fee | Starts at $9.95/mo; custom pricing starts at $9.95+/mo | |
Good For | Large and established businesses | 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 | |
Customer Service | Phone, email, and messaging through the app | |
Pricing Model | ||
Swipe Rate | 2.5% + $0.10 per transaction (Basic In-person Package), 2.41% + $0.10 per transaction (Advanced Package) | |
Online Rate | ||
Keyed-in Transaction Fee | ||
Deposit Time | Instant access to the funds in your Venmo account for in-person payments. | |
Chargeback Fee | ||
CreditDonkey® Reviews | ||
Price | ||
Equipment | ||
Contract | ||
Customer Service | ||
Ecommerce | ||
High Volume Business | ||
Low Volume Business | ||
Pros & Cons | Pros:
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Bottom Line | Flat-rate processor with low in-person transaction fees... | |
Learn More | Visit Site | |
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.