Venmo Pros and Cons

I like that it's easy to use and makes transactions simple. It cuts out a lot of unnecessary steps and makes getting paid simple. Review collected by and hosted on G2.com.

I think that it gets confusing with Venmo Personal. And you switch back and forth and it makes it confusing as to if your on your business or personal Venmo. There needs to be a better business layout for the business side. And they

Need

To excep more prepaid cards. Review collected by and hosted on G2.com.

Send and receive money quickly. After receiving money, you can transfer it to your bank for free or for a fee if needed sooner. It's comparable to PayPal but may be easier for some to use. Review collected by and hosted on G2.com.

I'm not sure I like to have to note what the money was sent for or received for. I think there is an option to turn that off though, Review collected by and hosted on G2.com.

I like the security. It is nice to have a 3rd party responsible for keeping accounts secure. Venmo is a trusted name and it makes people feel more comfortable. Review collected by and hosted on G2.com.

I dislike that communication and customer service can feel very unpersonal. The responses when trying to get assistance are very generic. Review collected by and hosted on G2.com.

Venmo is user friendly and free. It connects people who need to share money. Review collected by and hosted on G2.com.

Owned by PayPal, a company I dislike. Also, the transactions are by default public - do you really want everyone seeing to whom you send money? Review collected by and hosted on G2.com.

Venmo is really easy to use and secure for my clients. The fees are low or non-existent for transactions and my clients are comfortable with it. Review collected by and hosted on G2.com.

Some of my clients don't have it or haven't heard of it and transactions don't go through to your bank account right away unless you pay additional. Review collected by and hosted on G2.com.

I just like Venmo, it's indeed easy to access between the two parties. It's a dependable way to put money in the hands of people, a good way to submit payments; all you have to do is unlock your application, set the number, and send. The thing I like the most are the very regular deals and cash incentives. I would want to have the ability to withdraw or deposit money directly through mine financial institution, my cell phone and the website. Review collected by and hosted on G2.com.

The one thing I just don't like how the older versions share underwriting that I consider should really be deactivated by law. But overall, it was really good program and I didn't have big problems. Review collected by and hosted on G2.com.

I loved the ease and accessibility it allowed for my clients to purchase and send money without much hassle. Review collected by and hosted on G2.com.

I strongly dislike the random and excessive holds, the unreliability of the platform, and overall lack of transparency when issues did arise. Review collected by and hosted on G2.com.

Easy to get paid, especially for small business owners Review collected by and hosted on G2.com.

The thing I don't like is that Venmo takes a percentage of my sales for using their application Review collected by and hosted on G2.com.

Makes it easy for business payments on the go which is a good to have feature. Review collected by and hosted on G2.com.

I think there can be more options for making the payments secure as others can see our transactions. Review collected by and hosted on G2.com.