Venmo Pros and Cons

Venmo for Business made it easy to get paid from clients as an alternative payment source and was easy to transfer the funds to the bank account. Review collected by and hosted on G2.com.

It is not really a dislike, but we do not have many clients that request to pay with their Venmo account to date. Maybe this will change in the future as it catches on more. Review collected by and hosted on G2.com.

The automation functionalities that come with receiving payments and handling tax documents make it a no brainer! Review collected by and hosted on G2.com.

The downside of using Venmo for Business is being at the mercy of your QR code, wifi/internet and a properly functioning mobile device Review collected by and hosted on G2.com.

They don't ask questions about 0.3% THC as it pertains to selling edibles and cartridges. Review collected by and hosted on G2.com.

Not that many website tools for creation and management of website, built in. Review collected by and hosted on G2.com.

The mobile access. All sales and product data is in my hands. Review collected by and hosted on G2.com.

Not all customers understand the ease and security features of Venmo. Review collected by and hosted on G2.com.

the app itself easy to use

easy access

Number of features Review collected by and hosted on G2.com.

I must say I don't have any complaints at this time Review collected by and hosted on G2.com.

Accepting payments from people that do not have cash on hand Review collected by and hosted on G2.com.

maybe the way it needs to be easier to find people Review collected by and hosted on G2.com.

convenient to use between peer to peer users Review collected by and hosted on G2.com.

sometimes due to the internet connection doesn't always proceed to completion Review collected by and hosted on G2.com.

I like its ease of use and seamless integration with personal transactions. It's convenient for small businesses. Review collected by and hosted on G2.com.

The fees can add up, and customer support can be slow. Review collected by and hosted on G2.com.

It's easy to transfer and track payments. Review collected by and hosted on G2.com.

Hard to know if you are sending money to the correct vendor if not named correctly. Review collected by and hosted on G2.com.

It has a QR code that customers can scan and pay. It makes transactions much faster and hassle-free for the business and the customer. It also charges low transaction fees in comparision to other payment processors. Review collected by and hosted on G2.com.

The only drawback for me is that the funds don't get transferred to the bank account directly; they would have to be manually sent from the app to the bank account. The standard transfers are free, but instant transfers into the bank account charge a fee. Review collected by and hosted on G2.com.