Venmo vs Square
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| Visit Site | Visit Site |
| SPECIAL OFFER Try Venmo business profiles for 30 days - Learn More | SPECIAL OFFER Square Reader: Free Mobile Credit Card Reader - Learn MoreRead Square Review |
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| Benefits and Features |
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Monthly Fee | $0 | Starts at $0/mo |
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Good For | Small mobile businesses and freelancers who want to take Venmo payments | Mobile & small businesses with average transaction over $100 |
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Equipment | None needed | Card reader: $0 to $59; Stand, Terminal, and Register available for purchase |
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Accept International Payments | | USD payments only |
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Customer Service | Phone, email, and messaging through the app | Phone, Email, Live Chat Support, Seller Community |
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Fraud Prevention Tools | | |
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Invoice Management | | |
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Pricing Model | Flat-Rate | Flat rate |
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Recurring Billing | | |
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ACH Payments | | 1% ($1 minimum) |
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Swipe Rate | 1.9% + $0.10 | 2.6% + $0.10 |
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Online Rate | 2.9% + $0.30 | 2.9% + $0.30 |
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Keyed-in Transaction Fee | N/A | 3.5% + $0.15 |
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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 |
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Chargeback Fee | N/A | None |
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| CreditDonkey® Reviews |
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Price | | |
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Equipment | | |
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Contract | | |
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Customer Service | | |
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Ecommerce | | |
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High Volume Business | | |
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Low Volume Business | | |
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Pros & Cons | | Pros:- No monthly or annual fee
- Free swipe card reader
- Low, predictable fixed rates
Cons:- Flat-rate pricing can be expensive for larger businesses
- Costly add-on services
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Bottom Line | | Good credit card processor for low-volume businesses... Read full review |
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| Visit Site | Visit Site |
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| Try Venmo business profiles for 30 days | |
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Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. |
- Pay 2.6% + 10¢ Per Swipe for Visa, Mastercard, Discover, and American Express
- Accept Credit Cards Anywhere
- Fast Setup, No Commitments
- Pay 2.6% + 10¢ per tap or dip for Visa, Mastercard, Discover, and American Express
- Accept Chip Cards and Contactless Payments Anywhere
- 2.6% + 10¢ per tap, dip, or swipe
- Fully integrated POS system with built-in receipt printer
- 5.5" display
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