Venmo vs PayPal
Venmo is a good way for small businesses and freelancers to accept Venmo payments. How does it compare to PayPal? Read our comparison chart below.
![]() | ||
Visit Site | Learn More | |
Venmo | PayPal | |
---|---|---|
Try Venmo business profiles for 30 days - | ||
Benefits and Features | ||
Monthly Fee | Free account (monthly fees for features start at $5/mo) | |
Good For | Small mobile businesses and freelancers who want to take Venmo payments | Accepting Paypal payments; Small businesses with average transaction under $100 |
Equipment | PayPal Zettle card readers and terminals | |
Accept International Payments | ||
Customer Service | Phone, email, and messaging through the app | Phone, Email, Live Chat Support, PayPal Community |
Fraud Prevention Tools | ![]() | |
Invoice Management | ![]() | |
Pricing Model | ||
Recurring Billing | ![]() | |
Swipe Rate | ||
Online Rate | ||
Keyed-in Transaction Fee | 3.49% + $0.09 (through Paypal Zettle) 3.09% + $0.49 (through the virtual terminal) | |
Deposit Time | Instant access to the funds in your Venmo account for in-person payments. | Instant access to the funds in your PayPal account; Or instant deposit to your bank account for 1% fee or 1-2 business days for no fee |
Chargeback Fee | ||
CreditDonkey® Reviews | ||
![]() | ||
Price | ![]() ![]() ![]() ![]() ![]() | |
Contract | ![]() ![]() ![]() ![]() ![]() | |
Customer Service | ![]() ![]() ![]() ![]() ![]() | |
Ecommerce | ![]() ![]() ![]() ![]() ![]() | |
High Volume Business | ![]() ![]() ![]() ![]() ![]() | |
Low Volume Business | ![]() ![]() ![]() ![]() ![]() | |
Pros & Cons | Pros:
| |
Bottom Line | Good way for small businesses and freelancers to accept Venmo payments... | |
Visit Site | Learn More | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. |
Still need help deciding which merchant services is better? Read the in-depth reviews below. You may also be interested in comparing Venmo or Square.
Articles on Venmo
Venmo Review
Which Do You Think is Best?
Compare PayPal to:
You might also be interested in
![Cannabis Credit Card Processing](https://www.i1.creditdonkey.com/image/1/120x120c/cannabis-credit-card-processing.png)