Venmo vs Square
Venmo is a good way for small businesses and freelancers to accept Venmo payments. How does it compare to Square? Read our comparison chart below.
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Visit Site | Visit Site | |
Venmo | Square | |
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Try Venmo business profiles for 30 days - | Square Reader: Free Mobile Credit Card Reader - | |
Benefits and Features | ||
Customer Service | Phone, email, and messaging through the app | Phone, Email, Live Chat Support, Seller Community |
Good For | Small mobile businesses and freelancers who want to take Venmo payments | Mobile & small businesses with average transaction over $100 |
Equipment | Free magstripe card reader; $59 for contactless + chip reader; Stand, Terminal, and Register available for purchase. | |
Accept International Payments | ||
Fraud Prevention Tools | ![]() | |
Invoice Management | ![]() | |
Pricing Model | ||
Recurring Billing | ![]() | |
ACH Payments | ||
Swipe Rate | ||
Online Rate | ||
Monthly Fee | ||
Keyed-in Transaction Fee | ||
Deposit Time | Instant access to the funds in your Venmo account for in-person payments. | Payments before 5PM PT / 8 PM ET is available the next business day |
Chargeback Fee | ||
CreditDonkey® Reviews | ||
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Price | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Customer Service | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Contract | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Ecommerce | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
High Volume Business | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Low Volume Business | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Equipment | ![]() ![]() ![]() ![]() ![]() | |
Pros & Cons | Pros:
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Bottom Line | Good way for small businesses and freelancers to accept Venmo payments... | Good credit card processor for low-volume businesses... |
Visit Site | Visit Site | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. |
Square Reader: Free Mobile Credit Card Reader
- Pay 2.6% + 10¢ Per Swipe for Visa, Mastercard, Discover, and American Express
- Accept Credit Cards Anywhere
- Fast Setup, No Commitments
Square Contactless and Chip Card Reader
- Pay 2.6% + 10¢ per tap or dip for Visa, Mastercard, Discover, and American Express
- Accept Chip Cards and Contactless Payments Anywhere
Square POS: Point of Sale System
- Advanced analytics and insights
- Inventory and customer management
- Track employee time cards and grant permission levels
Which is Better: Venmo or Square?
Still need help deciding which merchant services is better? Read the in-depth reviews below. You may also be interested in comparing Venmo or Helcim.