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Check this article for more information about card fees for payments on Venmo. If you want to see if your card carries a fee, you can do so in the Venmo app: You’ll see information about potential fees listed under the card.
There's a 1.9% + $0.10 transaction fee when you receive a payment sent to your business profile (except for Tap to Pay payments). We assess a 2.29% + $0.09 fee when you receive a payment sent to your business profile through Tap to Pay. There’s a fee to add cash to your Venmo balance using your Venmo Debit Card at participating stores.
To send money to others, Venmo charges a fee of 3% of the transaction amount when using a credit card. It’s free if you use your: Venmo balance; Debit card; Bank account; If you want to send money using Visa+, you can for free if the recipient is a PayPal digital wallet.
If you choose an Instant Transfer, Venmo charges one percent (with a minimum fee of 25 cents and a maximum of $10). Standard bank withdrawals, which take 1-3 business days, are always free.
Venmo is a free payment platform for sending and receiving money. Send funds for free with a linked bank account or debit card, or pay a 3% fee for credit cards. Transfer funds instantly for a 1.75% fee, with a maximum of $25. Businesses pay a 1.9% + $0.10 fee for goods and services. Does Venmo charge a fee?
Venmo charges a standard fee of 1.9% plus 0.10 USD on every seller transaction and this fee is non-refundable. Keep in mind that Venmo users paying a business using a credit card are not charged the usual 3% on that particular payment⁴.
Users who receive payments tagged as purchases will incur a fee. This fee amount is automatically removed from the total amount received. Learn more about fees on Venmo. Venmo’s Purchase Protection Program is designed to help both buyers and sellers manage their next steps when things don’t work out with an eligible purchase.
Opening a Venmo account is free, and there are no monthly fees. A simple Venmo transaction from a user’s bank account, Venmo debit card, or Venmo cash balance is free of charge. If a credit...
Instant transfers with Venmo allow you to send money to any eligible U.S. bank account or Visa/Mastercard debit card, typically within 30 minutes. A 1.75% fee (with a minimum fee of $0.25 and a maximum fee of $25) is deducted from the transfer amount for each transfer. Feel free to take a quick look at our fees page for more information.
There’s a 1.5% fee (with a minimum fee of 25 cents and a maximum fee of $15). An instant transfer can be done 24 hours a day, 365 days a year. What Are the Dollar Limits for Venmo?