Venmo Reviews

Perfect for accepting payments as a small business and band

Comments: We use Venmo to accept many forms of payment for shows and merchandise sales and I could not be happier with our results in doing so. We can now accept more in payment from fans and friends where in the past it was dependant upon whether they had cash in hand or not. I cannot say enough good things about Venmo in regard to is making the lives of small businesses and bands easier in the current time.

Pros:

Makes taking payment for anything (t-shirts, vinyls, tickets) incredibly easy as the user pool is so vast that nearly anyone you come into contact with will have this app on their smartphone. It makes our lives as musicians increasingly easy as the world becomes more digital and has increased our revenue ten fold. We no longer have to swipe any cards or accept cash only as shows now that we use venmo as our primary point of sale.

Cons:

SOmetimes the scanning of other profiles does not work as intended. This feature working properly is incredibly useful and when it works properly it takes out the guessing in payment forwarding which is very nice.

Venmo is my Favorite go to tool. DAY OR NIGHT! It's doable!

Comments: Venmo has made a huge difference in my life professionally and personally. You've made is possible to worry less about taking care of those I love and are responsible for! You have truly made a difference!!

Pros:

The security, the efficient and fast process. I love that I don't need my bank open or any business open to take care of what needs to be taken care of now! Day or Night, I have the access I need to get whatever is needed done!

Cons:

I always get turned around trying to find new contacts. It's an older generation thing!

My point of view of using Venmo

Comments: My business as I mentioned is content writing, so I need a platform like Venmo which make my business more easier

Pros:

From my point of view, the use of Venmo is very beneficial. I have been using this for my business online and I didn't find any problem

Cons:

What really make using Venmo difficult is that sometimes the process of payment using mobile phone is much slower than using laptop so I would like to be more faster in the future

Perfect Free Payment Processor

Comments: My experience with Venmo has been great, we have used them for years and plan on using them for many more years.

Pros:

Venmo is a great, free way to pay our contractors, collect rent and other payments. We have been using it for years primarily because of its ease of use on the go as well as the fact that it is free. It is easy to use and set up.

Cons:

The payments can take a few days to get to your bank account and there are limits to the daily amount you can send. Whmever is sending/receiving the money also needs to be a Venmo user which can be a problem occasionally.

Great transfer times, SMALL fees.

Comments: Great app and features, amazing customer service, will continue to use in the future.

Pros:

it's features are wide ranged and very useful, the ability to memo and categorize my payments is very handy for bookkeeping later on.

Cons:

the only con I can think of is the small percentage that Venmo takes out of EACH transaction

Venmo review

Comments: Good experience

Pros:

I like the most that it feels safe and secure more than Paypal sending or receiving payments

Cons:

Nothing I don't like about it that I've seen yet

Venmo payments review

Comments: I think it is great! I have had little to no trouble with this company and when I did have questions they walked me through the process quickly and easily.

Pros:

Venmo has provided me with a very great user experience in that they are quick most of the time (sometimes nearly instantaneous), secure, (they take privacy very seriously), It was tremendously beneficial to streamline the process and make it simple for attendees to make payments at events by using Venmo. It was convenient for attendees to pay at our events using their phones or tablets, which helped us get through the line quickly and cut down on the amount of time they had to wait. Additionally, since all monies are recorded on a single platform, tracking payments has become simpler. Venmo was proven to dramatically lower transaction costs related to processing payments. In terms of customer service, I've always had positive interactions with their customer support personnel when I've needed help because they're incredibly educated about their product and quick to answer any problems.

Cons:

Although there is no charge for bank transfers they do charge for credit card payments. Also if you need a refund the process is lengthy and may become complicated. And the other person needs to be a customer of Venmo also to use it.

Venmo makes it easy

Comments: Venmo is a convenient and user-friendly digital payment platform that simplifies peer-to-peer transactions and promotes a social aspect to money exchange, although caution should be exercised for commercial transactions due to limited buyer and seller protection.

Pros:

The various security measures to protect user information and transactions. It employs encryption to secure data, offers two-factor authentication for account access, and allows users to set up PIN codes or fingerprint recognition on their mobile devices. in addition , mobile app and website offer a simple and intuitive interface, making it easy to navigate and use. You can quickly send or request money, view transaction histories, and manage your account settings.

Cons:

One of the main concerns with Venmo is the lack of robust buyer and seller protection compared to traditional payment methods like credit cards or PayPal. Venmo's primary purpose is for person-to-person payments, and it is not designed as a platform for commercial transactions or purchasing goods and services from unknown individuals or businesses.

My go to payment app!

Comments: Very little issues, if ever, and is super user friendly. I love it!

Pros:

Incredibly easy to use and find users. High payment dollar amount making it easy to get paid and to pay.

Cons:

I do wish the payment details defaulted to private.

Convenient Platform for Sending and Receiving Money

Comments: Venmo is a simple, user friendly payment platform. It is reliable and convenient especially when splitting bills or payments. It is great for local transactions but might feel inadequate or inappropriate for formal payments involving large amounts.

Pros:

Venmo charges relatively low amounts per transaction and it is quick and reliable. We usually use it to split relevant costs among colleagues. The social aspect, though might seem irrelevant, makes the platform engaging. You can leave a comment, share emojis, or transaction details.

Cons:

I don't trust the data security and privacy features. I always feel like it could expose sensitive data at some point. Although it allows users to adjust privacy settings, it can expose sensitive payment details to your Venmo friends. I think it is only available here in the United States so you cannot send money abroad.

Venmo is a great consumer product with limited use for business

Comments: Venmo's incredible ease of use makes it essential for interacting with other people with whom I might loan or pay money for simple things. For vendors, it's a solid way to get access to credit card payments with okay fees.

Pros:

Venmo is dead simple to use, with the QR code scan and effortless options to ask for payments or send them. The number of people who signed up for Venmo also helps - most younger folks are on it.

Cons:

The social aspect of the software is a bit odd in that I'm not in the least bit interested in what my friends are paying one another for. When people get funny, I suppose it could be entertaining but too much of the feed is people paying each other for rent, groceries and other mundane stuff. Additionally, this present a business challenge where you need to be cautious about posting your purchases if it's a private purchase for your business.

Venmo is a MUST HAVE

Comments: I know VENMO is owned by PayPal, but VENMO is so much better in the day to day of collecting and sending money. My kids have it, making is super easy for me to "pay them back" or for them to get paid by a neighbor for babysitting or helping out in some way. Also great for "collecting" from people for a teachers gift. Some cons: the default option is "public." Sort of like face book or Instagram, the list of "who" you have paid and your comment are public. The amount is not. I set mine to "private", but that is NOT the default. If you want to spy on your kids and their record is "public" it's super easy. Also, it must tie to a cell phone and only one VENMO account per cell phone number and per bank account. This can make it harder to get your kids on VENMO if they don't have an active cell number (google voice does not count!, I tried it). Also with your spouse/partner, they cannot be hooked up to the same bank account as you on VENMO. The functional outcome of this often is that just one of you may have VENMO on your device. Lastly, you need to know someone's VENMO ID first. If you pay the wrong person, there's no getting your money back unless they kindly return it. There is a cell phone verification process that helps though or you can "friend" someone first to be sure you have the right contact before sending money. The biggest pro, it's super quick. You can request or send money almost instantly. Definite must-have. Get a friend to show you how to use it.

Pros:

Super easy to transfer funds to anyone. Literally takes less than 30 seconds to request or send money. No more "not collecting" from friends for "their share" of the night out, you just send a "request". Very easy to send a tip or pay a babysitter.

Cons:

You can't tie your VENMO to a savings account. Must have a cell number, google voice doesn't count. Can be hard to search for people. Setting default is "public" meaning others can see who you have sent money to and what you wrote in the comments. You must write something in the comments or put an emoji for each transaction even if you don't want to.

Very efficient and popular

Comments: Since integrating Venmo as an additional payment option that my clients can utilize to pay their invoices, my collections have gone down, the average age on debt was cut in half and my business has actually increased because the level of trust clients have in me increased as they saw me as more of a partner than a vendor. All around, my business has benefited greatly .

Pros:

the first thing is that it is very simple to register, add an account and implement. the second pro is the fact that so many people are using Venmo. I thought it would be a challenge to implement as a business tool to collect payments from clients but I was very wrong. In fact, the majority of the clients I approached with this option were already registered.

Cons:

the 2 biggest challenges to overcome were the security concerns people have about providing payment and account information online and chance of it being hacked. Having done the research on the product, those concerns were quickly alleviated and Venmo actually provided me with collateral to give my clients who had such concerns. the second challenge was overcoming the "Social Media" aspect. Venmo obviously gained it's popularity from the consumer side by incorporating a social media feel to it. Businesses on the other hand do NOT want their payments, collections, etc. broadcast in social media platform. It takes some convincing but once the ease with which payments can be obtained from their customers and how that can help increase revenues is properly explained, 9 of 10 clients jumped on board.

Amazing Payment Solution for Many Applications

Comments: Venmo has always been a great experience and very intuitive...even for people who aren't technologically inclined. Everyone we have used it with or introduced it to has continued to use it afterwards with great results. We plan on using it for even more as it allows in the future. It's much easier and quicker than PayPal which seems to have been the standard until now.

Pros:

Venmo is an incredibly easy and fast way to transfer money between people in a company for expenses and more as well as accept payments for merchandise (with the new business account options) and even pay people for their services. Since multiple people can be logged on, it allows 4 of us to operate financially when necessary without a delay. You can easily write what each payment is for and download monthly statements to keep accurate records of all of your transactions. Even better, most people have it and use it now so compatibility is rarely an issue. It makes everything we do faster and our customers even more pleased as they can pay for merchandise, tickets, or even simply donate at the click of a button!

Cons:

The only tough thing about Venmo that rarely arises is if someone doesn't use it. In that case, we need to have a paypal or cash option ready but that's not an actual problem with the application itself. It would be great if they could add annual statements to their download option in addition to the monthly statements. Annual statements would save some time during tax season!

Venmo has to be the best

Pros:

Venmo is great! I downloaded the mobile app almost 2 years ago when I first heard about it and now I use it daily. This past summer I ran a local auto detailing business and many of my customers asked me if I took Venmo as a paying option, and sure enough, I did! This made things so helpful as each payment was instant and on the spot. Another great feature of the app is how user-friendly it is and easy to follow. Personally, I would recommend Venmo to anyone, whether it is for business, personal use, or friends.

Cons:

I do prefer Venmo as my money exchange app of choice, but it is not perfect in my opinion. I think that a portion of the "friend" features could be improved to avoid any privacy issues. Some of the capabilities that Venmo allows you to do can allow people to view all your transactions and friends. People and their money can be a careful subject so safety and privacy should be Venmo's concern.

Fast. Safe. Confident - guaranteed.

Comments: Being a non-profit organization, Border Town Betties Pinup Social Club was - just like many other similar organizations - hit hardly by covid restrictions and cancellation. Naturally, we've transferred most of our activities and events online. Those of course included raffles, online auctions, donations and also funds from our charity sales. Venmo helped us successfully provide our supporters a convenient, easy and (what's the most important at the times of pandemics) safe and totally contactless way to pay for merchandise or donate to support a charity cause. We have an absolutely solid peace of mind, knowing that we can always rely on Venmo customer support when it comes to keeping track of all transactions, keeping our customers data safe and answering really fast to whatever concerns might appear. I personally think Venmo is a really useful innovation which improves lives of small business owners and saves them tons of time and nerves.

Pros:

I like how easy Venmo is to operate and use, how much the developers put into users' sensitive data safety, fraud protection and guaranteed timely and prompt transactions. It's easy to use and fairly priced, perfect for a small business in our trying times.

Cons:

I would like to see a credit line or other similar products available from Venmo. I would also like to have an opportunity of shared savings account and other banking products from this company.

The Best Peer to Peer Money Transferring App!

Comments: Venmo makes small money transactions much faster and easier than with any app before. I've used it almost daily, and I can't say I've run into any issues or long wait times. I can't even rate their customer service, because I've never had an error or a transaction mistake in the entire 4-5 years I've used it. From paying rent to splitting the dinner bill with friends, this app makes money transactions easier than ever.

Pros:

Venmo is quick, easy, and accessible. Users can very quickly set up an account, connect their card or bank information, and start sending money to friends and family! The app is very fast, without requiring too many clicks or menu navigation to quickly send or receive money. It can also transfer to your bank account in just a few days for free, or it can be expedited for a small fee.

Cons:

There really aren't many cons with Venmo. I would say one concern that users may want to look into is that if they use a credit card instead of bank information as their primary source of money, the app will charge extra fees. This is a minor complaint, but I've known a few users who had been unaware of this and were paying a fee for each transaction.

Safe Way to Send Money

Comments: With Venmo, I am able to easily transfer and receive money from people. I have never had any problems with Venmo which makes my experience very positive. I am happy to recommend Venmo to my friends especially since they are in college where it is very useful in selling textbooks and receiving monthly bills from housemates!

Pros:

I love the ability to send money and personalize the memos that go with it. It is much more personal, fun, interactive, and user friendly compared to PayPal. There is also the ability to transfer money into your account quickly if you need the funds for a very low cost. The interface is easy to use and understand for everyone who is of the eligible age to use Venmo. You can transfer money for whatever reason! I personally use it for bills and even research incentives for research participants.

Cons:

I love everything about Venmo. I find it easy to use and I have no problems with using it. Some people may find the verification process annoying however, it is a way to make sure your bank account and personal information is not being breached.

Venmo

Pros:

I like Venmo because it is real time payments for businesses and most customers already use it for personal reasons. It is a PayPal product so it is trusted.

Cons:

You cannot add money from a bank account directly like you can cash app. If they did I would use them regularly as personal and business.

Easy Money Transfer

Comments: Venmo has been a great tool for my family to easily send money to each other, especially in a day and age where hardly anyone carries cash.

Pros:

Venmo makes it extremely easy to send someone money instantly. I use it to pay my niece to cut my hair. My sister-in-law uses it to pay me for mowing their lawn. I can easily send or collect money from my siblings who live all across the country. I have also used it to collect donations from coworkers to buy flowers for a funeral. Depositing the money in your bank account is fast and easy too.

Cons:

Once you send the money, you can't get it back or dispute the transaction. Venmo says it is for friends and family only and should not be used with strangers. You can request money, but people don't have to pay back. Many people use Venmo on virtual yard sales, but it is a risk to take because Venmo won't investigate fraud. One of my biggest complaints about Venmo is that a bank account can only be linked to one user. So my wife can only access our joint bank account. If someone sends me money, I have to send it to my wife first before we can deposit the money.

Venmo is For the new aged business person.

Comments: Overall my experience like I said has been good with venmo I like it that it's versatile it's mobile everything is pretty much self-explanatory you know now there's Bitcoin you can buy I like it that I can use it for my business I can use it for personal I can use it anyway that I need to to fit the particular situation that I'm dealing with that's a great option I don't like that to cash a check you have to use the one particular service it would be nice if they offered several services so that you could choose which one you wanted to go through what rate you paid and then again like I said if you don't get accepted through one because they have issues or glitches or technical issues there is a backup that you can go through cuz some clients pay with checks and then that means we have to have a separate bank account to cash checks and I like the point of keeping everything together so that I can keep all my business stuff in one place

Pros:

The features that I like most about them always is mostly that it's a very mobile and very versatile service that I can offer not only to my clients but that I use myself I not only use this in my business but I use it personally as well and it just makes it so much easier for me to be able to do all my banking or payments in one spot I can cash a check I can get a direct deposit I can take payments I can send money all of this while I'm still moving around and doing everything that I can for my business it's a great program a great payment option and a great way to be able to look at what you're doing financially while you're on the go.

Cons:

I guess the feature that I least liked is that they use Ingo for their check cashing services and I have had issues as well as other people that I know with Ingo because they will shut you out of their system and not really give you a reason and getting through to customer service and getting it sorted is almost impossible and very time-consuming and in my field that's something I do not have time for is to sit down and talk for hours and try and figure out something that I have no idea was a problem and it usually turns out that it's a technical error or it's a glitch or it takes a long time to fix and by the time they do that you found an alternative to doing what you needed to do anyway so that's my only con with venmo is that they use that one check cashing service so if you want to cash a check and you can't use Ingo then you can't use that feature of venmo and that's that's a downplay

Venmo user genuine review for the product

Comments: Venmo solves many business problems such as sending money becomes very easy using this product. Anyone within usa can transfer the money without any issue. Also, the money is very secure which using this software as it is very trusted software. There are certain benefits which I have realized such as people can split bills such as dinner bill, tickets money and also the rent which is used to pay monthly. This benefits quite help people because they can use this application not only for money transfer, but also for splitting bills among each of them. Another benefit is that the transactions happen very quickly and its is quite stable.

Pros:

There are many features which are most impactful such as easy way to transfer money to people and security of the software. By using venmo, anyone can send the money around united states of America to any other person by using this product. Moreover, sender who is using the application to send the money with security and this is the best part of using the product because your money is safe while it is being transferred. In addition to this, the integration of this software is very easy with our existing business processes as you can easily install it in your cell phone and integrate with the systems.

Cons:

There are certain features which I feel are missing such as people can only money to the person who is currently living in Unites states as you cannot send the money who is outside usa. Furthermore, there can be some things which could be improved such as very quick transfer of money and get notified faster than any other app in the market. There are no aspects of the product which are difficult to use. The software can be easily used by someone who has basic knowledge of using a phone. In addition to this, the integration is not difficult with our existing business processes. It is very easy to integrate this application.

A Welcome Addition to our Payment Processinf

Comments: Our payment processing philosophy has shifted in the last several to transition from accepting cards using an on-site card reader, cash, or checks, to nearly a dozen different options. Because of the prevalence of mobile payment options that exist, we have attempted to accept payments in as many forms as possible, with Venmo being a major addition in this philosophy shift. Making a payment is now much more effortless for our clients, who can use an app they are already familiar with to quickly transfer money in a manner of seconds. Because it takes so few steps to complete transaction, we are seeing significant decreases in the amount of time between bills being sent out and money being received. For donations, Venmo has been a tremendous asset to us. Spur of the moment gifts at offsite events have greatly increased because donors can quickly send donations without having to provide any financial information to us. The ease of use and the security Venmo affords our clients means we not only get paid quicker, but we also receive more funds overall.

Pros:

Venmo's popularity with the population we serve due to its top-notch peer-to-peer payment functions has led to an increase in payments received, providing us both with more revenue as well as more timely payments. We have transitioned from accepting the majority of our payments via check to receiving nearly 80% of our payments through onsite card transactions and virtual payments. Being able to accept payments via Venmo makes the billing process convenient for clients who might delay paying due to the multitude of steps involved in writing and mailing a check. Most importantly, the transaction process is so quick and seamless for the client that a 30 second phone call can easily result in a bill being paid that might otherwise take weeks to collect.

Cons:

Venmo provides an instant deposit feature that costs 1.5% to transfer money into our general funds, while a 2-3 day transfer is free. This gives us a financial incentive to avoid the instant transfer, but it also results in funds being inaccessible for several days.

Venmo review

Comments: Overall I absolutely love Venmo. The app is super easy to use and I love using the app for everyday money exchange. Venmo makes everyone's life a whole lot easier as it allows many people to be able to pay each other back super easily, as well as makes the bank transfers super easy and inexpensive. The app is going to be huge for years to come as more and more people use it. I have found that all different age groups all love Venmo, and I expect it to thrive over the next 5 years.

Pros:

Venmo is my favorite app for exchanging money, and being able to pay or receive money from friends or co workers. I use Venmo all the time when picking up lunch with a friend or at work when picking up lunch or coffee for other coworkers. The ease of use for the app is amazing. The app is super easy to navigate and also is great for paying friends, because there is no fees like with paypal. The app is super inexpensive and an even be completely free if used a certain way. Venmo has become the center for the younger generation to pay each other with. Many people done even carry cash on them anymore with the assumption that everyone has Venmo. It has become even an expression when you want someone to pay you. All you need to say is Venmo me. The software is great and is the perfect app for ease of use for everyone.

Cons:

There is not much to dislike about Venmo. The app is practically perfect, and the ease of use is impeccable. The few flaws I had noticed was that first you need to enter a reason for payment. Sometimes for a quick Venmo I prefer not to have to enter a caption for the transaction, however Venmo requires you to enter something so usually this results with me just putting an animation or picture emoji. Venmo limits are somewhat annoying as well, however they do seem necessary to help regulation.

Venmo User Review

Comments: Venmo has made using multiple credit cards for a purchase obsolete. It has also allowed traditionally cash only transactions to be completed digitally. This app has reduced the need for me to carry cash.

Pros:

Convenience is the best thing about venmo, almost all of my friends have the app and it makes sending money quick and easy. You can quickly transfer your venmo balance into your bank account which enables me to split bills with friends when doing a group activity or are out to dinner.

Cons:

The worst part about venmo is that once a payment has been sent, the payment is final. Venmo has built in some features to prevent users from paying the wrong person, but it still leaves this payment system open to fraud. Someone can promise to do something for a venmo payment and not provide the goods/services, but still keep the payment as venmo will not help the sender recover the funds.