Venmo Reviews

Venmo

4.7 (9,077)
Digital wallet & mobile payment gateway

Overall rating

4.7 /5
(9,077)
Value for Money
4.8/5
Features
4.6/5
Ease of Use
4.7/5
Customer Support
4.4/5

95%
recommended this app
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9077 Reviews

Sean
Overall rating
  • Industry: Computer Software
  • Company size: 51–200 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Perfect for accepting payments as a small business and band

Reviewed on 11/04/2021

We use Venmo to accept many forms of payment for shows and merchandise sales and I could not be...

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.

Alternatives Considered

Square Payments

Reasons for Switching to Venmo

Venmo is much more widely accepted by our customer base and therefore the decision was a no-brainer for me and my team.
Laura
Overall rating
  • Industry: Automotive
  • Company size: 2–10 Employees
  • Used Weekly for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Excellent!

Reviewed on 18/09/2023

Pros

The integration process for our business was simple and we enjoy the ease of use of the service.

Cons

In my opinion there are no features missing that our business wishes were present.

Alissa
Overall rating
  • Industry: Gambling & Casinos
  • Company size: Self Employed
  • Used Monthly for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 2.0 /10

Venmo - A Mild Failure

Reviewed on 20/10/2023

Abysmal

Abysmal

Pros

At least transferring to my bank is easy

Cons

I don't like Public transaction history

lacey
Overall rating
  • Industry: Consumer Goods
  • Company size: 2–10 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Would recommend!

Reviewed on 19/07/2023

Overall, i think the pros outweigh the cons for me. I would recommend using Venmo for convenient...

Overall, i think the pros outweigh the cons for me. I would recommend using Venmo for convenient payment processing.

Pros

I love Venmo because its very convenient and easy to use for all users. I love the app, and how accessible it is.

Cons

I don't like the fee's associated with Venmo payment processing. I would love to see a business option where its a monthly fee with free transfers.

Kristy
Overall rating
  • Industry: Nonprofit Organization Management
  • Company size: Self Employed
  • Used Weekly for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Easy to use

Reviewed on 20/09/2023

I have had great experience. It is easy to send money among friends or to vendors.

I have had great experience. It is easy to send money among friends or to vendors.

Pros

I use venmo because it is extremely convenient.

Cons

Nothing I have been very happy with all the features.

Brian
Overall rating
  • Industry: Leisure, Travel & Tourism
  • Company size: Self Employed
  • Used Monthly for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Go Wild review of Venmo.

Reviewed on 20/09/2023

Numerous transactions and no negative issues so far.

Numerous transactions and no negative issues so far.

Pros

I really like the ease of use, opportunity for free or immediate processing, saved contacts and/or easy search for people, and ability to use for purchases.

Cons

No issues to report. Maybe would be nice if Venmo offered a savings or money market holding account so I could/might leave a (higher) balance in my account.

Angie
Overall rating
  • Industry: Veterinary
  • Company size: 2–10 Employees
  • Used Weekly for 1+ year
  • Review Source

Overall rating

  • Ease of Use
  • Likelihood to recommend 10.0 /10

Super easy

Reviewed on 06/11/2023

Pros

Very easy to use especially for the older generation
Also like that it can be integrated into Amazon

Cons

There is nothing too full out here as I like the program

Jesse
Overall rating
  • Industry: Construction
  • Company size: 11–50 Employees
  • Used Monthly for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

Quick and Easy, Venmo Makes Life Easier.

Reviewed on 20/09/2023

Overall, I am happy with Venmo and will continue to use it time and time again.

Overall, I am happy with Venmo and will continue to use it time and time again.

Pros

I love that I can send and receive money instantly. It provides a whole new option for making payments that is seem less. The app is great to use. Venmo does their best to provide a secure experience from beginning to end.

Cons

It seems a bit too easy to send payments to the wrong person. Although I have not done this, I know folks who have. It would be nice if there was a more consistent verification before sending funds.

Mariam
Overall rating
  • Industry: Food & Beverages
  • Company size: 2–10 Employees
  • Used Monthly for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 9.0 /10

Nice app

Reviewed on 20/09/2023

It's not a bad app I use it occasionally

It's not a bad app I use it occasionally

Pros

I like that it's easy to use and very simple

Cons

I wish their check depositing would be a little faster

joshua
Overall rating
  • Industry: Consumer Services
  • Company size: Self Employed
  • Used Monthly for 1-5 months
  • Review Source

Overall rating

  • Ease of Use
  • Likelihood to recommend 10.0 /10

Great Payment Processor

Reviewed on 20/09/2023

Pros

great solution for sending and receiving payments

Cons

the app can be a little glitchy at times

Brian
Overall rating
  • Industry: Consumer Services
  • Company size: 2–10 Employees
  • Used Weekly for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Why your business needs Venmo!

Reviewed on 22/12/2021

I love using Venmo and prefer it to any other payment method - its just so darn easy to use! I love...

I love using Venmo and prefer it to any other payment method - its just so darn easy to use! I love it and you will too!

Pros

With Venmo your business never has to sacrifice an order for payment issues!
Venmo remains a top competitor in the payment processing market because of its versatility, ease of use, reliability, support and recognition - if you don’t have Venmo these days people start wondering what rock you’ve been hiding under!
Venmo’s user analytics and usability are top of the line and will make the payment of every sale the easiest part of the process!

Cons

I have nothing bad to report, the app is practically flawless for the purpose it serves! If there’s anything to perhaps improve upon initially it would be the inclusion of crypto currency as crypto will continue to rise in popularity around the world.

Alternatives Considered

PayPal and Meta for Business

Reasons for Choosing Venmo

I use both but prefer Venmo for the fee structure, ease of use, and social acceptance - PayPal is great but it’s also potentially more dated and less popular with the younger generations.

Switched From

PayPal

Reasons for Switching to Venmo

Venmo is again just the easiest to use and most popular amongst the younger generations. It’s trusted, reliable, and so easy anyone can do it!
Verified Reviewer
Overall rating
  • Industry: Newspapers
  • Company size: 11–50 Employees
  • Used Monthly for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 9.0 /10

Very efficient and popular

Reviewed on 27/02/2021

Since integrating Venmo as an additional payment option that my clients can utilize to pay their...

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.

Alternatives Considered

PayPal

Reasons for Switching to Venmo

While Venmo is owned by PayPal and PayPal offers a more secure option for processing payments and sending money, Venmo provides the same avenue with which to quickly and seamlessly send money to individuals and is the 'hot' product right now. Having a younger influencer base that's already using Venmo opens up more options and thus provides the ability to work with another demographic segment
Verified Reviewer
Overall rating
  • Industry: Higher Education
  • Company size: 10,000+ Employees
  • Used Weekly for 2+ years
  • Review Source

Overall rating

  • Ease of Use
  • Likelihood to recommend 10.0 /10

So easy and many friends, family and colleagues use this!

Reviewed on 19/02/2020

Love venmo! Literally use it with all my friends, family, colleagues, and businesses that accept...

Love venmo! Literally use it with all my friends, family, colleagues, and businesses that accept payment via venmo. I rarely find someone who doesn't have this. It seems to be continously growing and asked of when coordinating payment of something. Highly recommend this software!

Pros

Takes a few simple steps to set up and start your account/link to your bank. So many people use this app that i rarely find someone who doesn't have it. Makes going out and splitting the bill with friends so much easier - to paying your babysitter, hairdresser, or the person who grabbed coffee for you, and so much more in a matter of seconds. People can also charge you or you can charge others when they owe you to help remind them and stay organized. Besides using the app, they push notifications to you every time someone pays or charges you, as well as when you make payment to someone. They will even send you an email to help stay on top of things.

Cons

Only down side to this working in fundraising and as someone who makes philanthropic donations, many people want to donate through venmo but the platform isn't currently set up for this capability. I believe they are in a pilot mode for this capability but doesn't feel like they are moving fast enough on it and once it does go live, will it be easy to implement? Larger organizations have trouble with this, while i see smaller, less complex organizations being able to implement well. Huge potential though for this software!

Krishnamoorthy
Overall rating
  • Industry: Marketing & Advertising
  • Company size: 2–10 Employees
  • Used Weekly for 1-5 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Easy way to send and receive money

Reviewed on 27/09/2021

Venmo does not charge recurring fees, such as monthly or yearly fees, like other payment services....

Venmo does not charge recurring fees, such as monthly or yearly fees, like other payment services. When sending money from a bank account, debit card, or your Venmo balance, there are no fees charged. Payment apps charge a 3 percent fee for credit card transactions, which is typical throughout the industry. There are also no fees associated with receiving money or transferring it to your bank account, unless you choose an immediate transfer rather than a regular transfer.
Venmo has a unique selling point in that it is not your normal payment app. Likes, comments, and messages are linked to each payment in this payments software, which incorporates popular social network elements such as likes, comments, and messages. Others, on the other hand, believe that it makes money transfers more enjoyable, which some users find to be true.

Pros

It is quick and simple to use. Finally, but certainly not least, it has a large user base, which means that many of your connections may already be using it. Venmo's success may be attributed in large part to its simplicity of use. There is very little of a learning curve. You may download it and begin sending and receiving money within minutes of installing it. Using Venmo to divide costs is also a breeze since it provides an on-screen calculator when you transfer or request money from someone. You may also send or request the same amount from several people at the same time if you're sharing a bill with a group of people.

Cons

Once you've made a payment via Venmo, there is no way to reverse it. The money is sent promptly to the intended recipient. If you need a payment to be refunded, Venmo advises that you contact the receiver and request the money back. Other than that, you may request that Venmo's customer service reverse the payment on your behalf; however, they can only do so if the receiver accepts, if their account is in good shape, and if they still have the cash in the bank.

Alternatives Considered

Payoneer

Reasons for Choosing Venmo

Venmo had more features and a better mobile user interface.

Switched From

Cash App

Reasons for Switching to Venmo

Personal transactions can be made using Venmo, instantly.
Elena
Overall rating
  • Industry: Nonprofit Organization Management
  • Company size: 11–50 Employees
  • Used Daily for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Fast. Safe. Confident - guaranteed.

Reviewed on 25/09/2020

Being a non-profit organization, Border Town Betties Pinup Social Club was - just like many other...

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.

Alternatives Considered

PayPal

Reasons for Switching to Venmo

It appeared more innovative, less complicated and easier to operate. And guess what - so it was. I'm happy with my choice.
Daniel
Overall rating
  • Industry: Primary/Secondary Education
  • Company size: 11–50 Employees
  • Used Weekly for 2+ years
  • Review Source

Overall rating

  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

The Best Peer to Peer Money Transferring App!

Reviewed on 10/03/2020

Venmo makes small money transactions much faster and easier than with any app before. I've used it...

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.

Desiree
Overall rating
  • Industry: Individual & Family Services
  • Company size: Self Employed
  • Used Daily for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Venmo for the win!

Reviewed on 21/10/2022

Highly highly recommend

Highly highly recommend

Pros

I use this app every single day. Every day after work, I Venmo request my customers. I love the reminder notification. Sometimes people forget to pay and the reminder is a gentle and non confrontational way to ask for payments again. I love the transfer to my bank account. It's free if you wait a couple days or instant transfer with a small fee. I also have a free Venmo card that's attached to my account. All black, very nice looking and was free with my account. I'll get email offers for discounts if I pay with Venmo at certain places. I also have gotten a referral bonus a couple times which is nice. App is super easy to use, nothing complicated. I prefer Venmo over Cash app and other competitors.

Cons

Sometimes my balance doesn't update right away. Even if I just opened the app, it'll have my old balance still on. It's an easy fix, I just have to refresh the page. It's not a major con at all, just something small.

CLARK
Overall rating
  • Industry: Primary/Secondary Education
  • Company size: 1,001–5,000 Employees
  • Used Weekly for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Likelihood to recommend 9.0 /10

Easy Money Transfer

Reviewed on 19/10/2019

Venmo has been a great tool for my family to easily send money to each other, especially in a day...

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.

Jessica
Overall rating
  • Industry: Consumer Services
  • Company size: 2–10 Employees
  • Used Weekly for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Make purchases, receive money and much more, effortlessly!

Reviewed on 14/10/2021

Overall I enjoy the ease of use with this app, it has made it easier for me to get money from my...

Overall I enjoy the ease of use with this app, it has made it easier for me to get money from my husband in a pinch, or send to my kids, or making payments to vendors while I’m out at flea markets, I have also used venmo for payments when I was doing deliveries and it has worked very well for me. I have more trust and faith in this program over other services similar to this one.

Pros

I love how quickly this app sends and receives money, I appreciate the privacy and security, I have never once had an issue with any discrepancies. Never had a payment not go through.

Cons

The only two issues I do have with this software is that I don’t wish to see all the past payments I’ve made to other people, and if someone is using my phone to make a payment I don’t want the past payments visible.
Also I wish for venmo to accept more prepaid cards.

Gina
Overall rating
  • Industry: Executive Office
  • Company size: 2–10 Employees
  • Used Weekly for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Venmo is For the new aged business person.

Reviewed on 22/01/2022

Overall my experience like I said has been good with venmo I like it that it's versatile it's...

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

Paige
Overall rating
  • Industry: Health, Wellness & Fitness
  • Company size: 501–1,000 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 0.0 /10

Do Not Use Venmo!

Reviewed on 17/06/2022

Pros

You can pay people quickly. There are no other pros.

Cons

I purchased concert tickers from a Venmo user after they had offered them on Facebook. I investigated the person before purchasing and felt like they were legitimate. Turns out, they were a scammer so I spent over $400 using the balance I had on my Venmo and did not receive the tickets. I IMMEDIATELY called Venmo to try to get my money back. The first Customer Service representative that I talked to said that the best they could do was submit a ticket to an Account Specialist and that they would get back to me in the next 24 hours. The rep. also told me that if the scammers move that money into their personal bank account that it would be out of their hands and they would not be able to give me a refund. I asked if they could expedite my ticket since I only had a day or 2 before it will go into their bank account. He said they can't do that. I said "You can't even call and just ask if that's a possibility?" He said no.

24 hours pass by and I hadn't heard anything so I called Customer Service again and the second representative I talked to said that I was given false information and it's going to take 6-7 days for them to investigate the situation. I asked her if there is anyway to expedite my ticket, especially since I was told it would be taken care of already. She said no. I ask again, "Can you call them and just ask since this is time sensitive and by tomorrow you guys won't be able to help me at all?" She says no.

I will never use Venmo again.

kawal
Overall rating
  • Industry: Education Management
  • Company size: 5,001–10,000 Employees
  • Used Daily for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Venmo user genuine review for the product

Reviewed on 25/07/2020

Venmo solves many business problems such as sending money becomes very easy using this product....

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.

Quinlan
Overall rating
  • Industry: Education Management
  • Company size: Self Employed
  • Used Weekly for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Venmo review

Reviewed on 29/01/2021

Overall I absolutely love Venmo. The app is super easy to use and I love using the app for everyday...

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.

Ankush
Overall rating
  • Industry: Computer Software
  • Company size: 1,001–5,000 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 9.0 /10

Venmo Review

Reviewed on 25/09/2019

I think it's fun and feels safe to use Venmo for your everyday transactions. Also, I love the ios...

I think it's fun and feels safe to use Venmo for your everyday transactions. Also, I love the ios version as you can integrate it with Siri and ask Siri to do transaction for you which is a great feature I think. I'm excited to use the feature of group transactions which they are going to launch soon I think.

Pros

Its effortless to do transactions on Venmo and it's the best option I can think of considering the fact there are so many alternatives. The free version almost offers most of the features you need for everyday transactions. It's well integrated with other apps like Splitwise which is a great feature as you can clear Splitwise balances using Venmo and I use that every day almost. Transactions using Venmo are really instant and safe.

Cons

I wish they had less fees if you do transactions using your Credit card. Also default settings shares your transactions public which I think default should be disabled. I'm looking forward to use globally like with any bank account and any mobile number not just US which I don't think is supported at the moment.

Amira
Overall rating
  • Industry: Education Management
  • Company size: 201–500 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

The Importance of Having Venmo

Reviewed on 28/09/2021

My Overall experience with Venmo is amazing. As a user of this software, Venmo has been so helpful...

My Overall experience with Venmo is amazing. As a user of this software, Venmo has been so helpful in transferring money quickly and safely; especially during the pandemic. Whereas other similar apps are difficult to use, Venmo offers a lot of unique, useful, and easy-to-use features that cannot be found anywhere. It is one of the best digital wallets that I have used so far. However, like many apps, it has some disadvantages that need improvement. Its flaws are insignificant when compared to the advantages it offers. People can use it freely and judge.

Pros

• It offers easy and quick transfers; especially when it comes to paying for gas or food.
• It is easy to use, especially for beginners.
• Very high customer service, and quick responses within a short time.
• Users have to provide profile pictures, which makes transfers more credible and trustworthy.
• High privacy. It is controlled by the user only.

Cons

• If someone is in desperate need of money and wants an Immediate transfer, Venmo will require an extra fee.
• A low spending limit, which is around 3000$. If a user asked for a higher spending limit, it will be around 6000$ that is still low for many people.
• It is not available outside the United States. When someone travels outside The States and needs to transfer money, he will not be allowed to use Venmo.
• The privacy default settings allow people to see the user’s transactions unless the user changes them.