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Venmo for Business Logo
Venmo

Venmo for Business

7.9 /10
Category
Venmo for Business
7.9 /10

What is Venmo for Business?

Accept Venmo payments in your app, online, or in person and tap into our active community of more than 60 million people.

Company Details


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Awards & Recognition

Venmo for Business won the following awards in the Payment Processing category

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Venmo for Business Ratings

Real user data aggregated to summarize the product performance and customer experience.
Download the entire Product Scorecard to access more information on Venmo for Business.

87 Likeliness to Recommend

97 Plan to Renew

89 Satisfaction of Cost Relative to Value


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Emotional Footprint Overview

+90 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love Venmo for Business?

0% Negative
6% Neutral
94% Positive

Pros

  • Efficient Service
  • Performance Enhancing
  • Trustworthy
  • Effective Service

Feature Ratings

Average 88

Credit Card Processing

92

Mobile Payments

90

Digital Wallet Integration

89

Multi Currency

89

Security

89

Recurring Payments

88

POS Integration

88

Integration With Accounting System

88

E-Commerce Integration

87

POS Verification

86

Reporting Analytics

84

Vendor Capability Ratings

Average 84

Ease of Implementation

89

Ease of Customization

88

Business Value Created

87

Usability and Intuitiveness

86

Availability and Quality of Training

84

Ease of IT Administration

83

Breadth of Features

82

Vendor Support

82

Quality of Features

81

Ease of Data Integration

81

Product Strategy and Rate of Improvement

81

Venmo for Business Reviews

Kota G.

  • Role: Student Academic
  • Industry: Technology
  • Involvement: End User of Application
Validated Review
Verified Reviewer

Submitted Jan 2024

Checkmate

Likeliness to Recommend

10 /10

What differentiates Venmo for Business from other similar products?

Work in most areas of the world,

What is your favorite aspect of this product?

Whenever I use the Venmo credit card gives me 3% cash back on every eligible purchase.

What do you dislike most about this product?

Take long time to verify the account details.

What recommendations would you give to someone considering this product?

Business account collects money on my behalf and do withdrawal after customers paying and allows cryptocurrency investments.

Pros

  • Reliable
  • Performance Enhancing
  • Efficient Service
  • Inspires Innovation

Samantha C.

  • Role: C-Level
  • Industry: Other
  • Involvement: End User of Application
Validated Review
Verified Reviewer

Submitted Nov 2023

Great for sending and receiving payments

Likeliness to Recommend

9 /10

What differentiates Venmo for Business from other similar products?

QR code for adding of customers makes it simple to use.

What is your favorite aspect of this product?

Free to use and simple and reliable.

What do you dislike most about this product?

Nothing bad to say

What recommendations would you give to someone considering this product?

Try it you will love it!

Pros

  • Helps Innovate
  • Continually Improving Product
  • Reliable
  • Performance Enhancing

Emily K.

  • Role: C-Level
  • Industry: Other
  • Involvement: Business Leader or Manager
Validated Review
Verified Reviewer

Submitted Aug 2023

Very convenient but highish fees

Likeliness to Recommend

9 /10

What differentiates Venmo for Business from other similar products?

The platofmr is the easiest to use and almost everyone is familiar with it.

What is your favorite aspect of this product?

Ease of use

What do you dislike most about this product?

Fees seem high to me

What recommendations would you give to someone considering this product?

It's so easy to use for everyone that it's absolutely worth integrating into your business, even if it's not what you use primarily.

Pros

  • Helps Innovate
  • Reliable
  • Performance Enhancing
  • Enables Productivity

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