Venmo vs PayPal
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Visit Site | Learn More | |
Venmo | PayPal | |
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Try Venmo business profiles for 30 days - | ||
Benefits and Features | ||
Monthly Fee | ||
Good For | Small mobile businesses and freelancers who want to take Venmo payments | Accepting Paypal payments; Small businesses with average transaction under $100 |
Equipment | Card reader: $29 ($79 each for additional readers); Terminal: starts at $199; Printers and Accessories available for purchase | |
Accept International Payments | accepts payments in 140+ currencies and supports holding and managing 25+ currencies | |
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 POS) 3.39% + $0.29 (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 | ||
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