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Venmo for Business Logo
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Venmo

Venmo for Business

Composite Score
7.9 /10
CX Score
8.1 /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.

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

87 Likeliness to Recommend

97 Plan to Renew

90 Satisfaction of Cost Relative to Value

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Since last award


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Emotional Footprint Overview

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

+91 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
5% Neutral
95% Positive

Pros

  • Efficient Service
  • Performance Enhancing
  • Trustworthy
  • Effective Service

Feature Ratings

Average 87

Credit Card Processing

90

Mobile Payments

89

Digital Wallet Integration

88

Security

88

Multi Currency

88

Integration With Accounting System

87

Recurring Payments

87

POS Integration

87

E-Commerce Integration

86

POS Verification

84

Reporting Analytics

83

Vendor Capability Ratings

Average 83

Ease of Implementation

88

Ease of Customization

87

Business Value Created

87

Usability and Intuitiveness

84

Availability and Quality of Training

83

Ease of IT Administration

83

Breadth of Features

82

Quality of Features

81

Product Strategy and Rate of Improvement

80

Vendor Support

80

Ease of Data Integration

79

Venmo for Business Reviews

Feastre L.

  • Role: Sales Marketing
  • Industry: Other
  • Involvement: Business Leader or Manager
Validated Review
Verified Reviewer

Submitted Oct 2022

Venmo your investment in the best hands

Likeliness to Recommend

10 /10

What differentiates Venmo for Business from other similar products?

Remote banking complicates a bit the ability to move money the way businesses want, but Venmo allows users access to consent a cash and card management account in a single account. Venmo claims users can affluence less on the monotonous work and more on the big picture with integrated tools and integrations to proceed cost tracking, earn points on every card purchase, with live support.

What is your favorite aspect of this product?

We use Venmo as our primary credit card merchant. More specifically, we use Venmo to track our spending and collect rewards. We are also using the rewards they are offering. It's easy to rush transactions and offers good possessions to spend. It doesn't deteriorate as much on the money side, but the affable user interface with technology is appreciated in representation with a conventional bank.

What do you dislike most about this product?

It can be somewhat overloaded to bequeath money between the credit card and the bank, another plus point offers more help in identifying areas of overspending, not to leave behind help in making an accompaniment of spending on commensurate accounts.

What recommendations would you give to someone considering this product?

I would recommend it to technology companies to opt for an interface and a test that highly improve those of existing banks. It is also good to have a large line of credit in representation with what is traditionally offered.

Pros

  • Reliable
  • Trustworthy
  • Inspires Innovation
  • Caring

Katiria R.

  • Role: Operations
  • Industry: Retail
  • Involvement: IT Leader or Manager
Validated Review
Verified Reviewer

Submitted Feb 2022

I love Venmo!

Likeliness to Recommend

10 /10

What differentiates Venmo for Business from other similar products?

I've used venmo for the business and in my personal life, as well as other payment platforms but this one has been my favorite for years now. Extremely easy to use, everyone has it and very fast.

What is your favorite aspect of this product?

Connecting the bank account information makes it easy to transfer balances. Now you can just scan a QR code that is provided to you by the app so people scan easily find your through the camera. If you plan on doing repetitive payments, you can add people as friends and repeat it.

What do you dislike most about this product?

There isn't anything I dislike at the moment. It has all the features I need and want.

What recommendations would you give to someone considering this product?

If you don't have it already, you should get in the game and catch up!

Pros

  • Continually Improving Product
  • Trustworthy
  • Friendly Negotiation
  • Appreciates Incumbent Status

Hegar M.

  • Role: Sales Marketing
  • Industry: Other
  • Involvement: Business Leader or Manager
Validated Review
Verified Reviewer

Submitted Jan 2022

The support is the best i have ever come across

Likeliness to Recommend

10 /10

What differentiates Venmo for Business from other similar products?

venmo Billing is straightforward to implement and removes the headache of the periodic billing process. Implements wonderfully in the "venmo Experience," providing excellent and well thought out APIs and 24/7 incredibly dedicated support with passion for what they do. The support is the best i have ever come across, and they treat you like you are a massive customer of them, regardless of your size, making you feel appreciated.

What is your favorite aspect of this product?

Super easy to set up, tons of integrations. Intuitive interface that every accountant can get acquainted in minutes. From manual invoice generation to integration with advanced billing everything works fine.The fact that I dont have to take a screenshot for a refund receipt, I can just hit their little send refund tab and enter the email makes sending a receipt a breeze.

What do you dislike most about this product?

Honestly, it has been working seamlessly compared to other services like it, and I have yet to come across an issue while using the program that would cause me to dislike it.

What recommendations would you give to someone considering this product?

Learn as much as you can about the product before using it.It's so easy to use, understand, troubleshoot, and set up

Pros

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

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