Venmo vs National Processing

		National ProcessingSquareStripe
	Visit Site	Learn More
	Venmo	National Processing
	SPECIAL OFFER Try Venmo business profiles for 30 days - Learn More
	Benefits and Features
Monthly Fee	$0	Starts at $9.95/mo; custom pricing starts at $9.95+/mo
Good For	Small mobile businesses and freelancers who want to take Venmo payments	Large and established businesses
Equipment	None needed	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	Phone, email, live chat
Pricing Model	Flat-Rate	Flat-rate pricing
Swipe Rate	1.9% + $0.10	2.5% + $0.10 per transaction (Basic In-person Package), 2.41% + $0.10 per transaction (Advanced Package)
Online Rate	2.9% + $0.30	2.9% + $0.30 per transaction
Keyed-in Transaction Fee	N/A	3.5% + $0.15 per transaction
Deposit Time	Instant access to the funds in your Venmo account for in-person payments.	2-3 business days
Chargeback Fee	N/A	$15
	CreditDonkey® Reviews
Price
Equipment
Contract
Customer Service
Ecommerce
High Volume Business
Low Volume Business
Pros & Cons		Pros: No long-term contracts Free equipment available No monthly minimums Cons: Conditions to waive termination fee Pricey with larger sales
Bottom Line		Flat-rate processor with low in-person transaction fees... Read full review
	Visit Site	Learn More
	Try Venmo business profiles for 30 days

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National Processing

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