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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Real user data aggregated to summarize the product performance and customer experience.
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87 Likeliness to Recommend
97 Plan to Renew
90 Satisfaction of Cost Relative to Value
1
Since last award
Emotional Footprint Overview
+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?
Pros
- Efficient Service
- Performance Enhancing
- Trustworthy
- Effective Service
How to read the Emotional Footprint
The Net Emotional Footprint measures high-level user sentiment towards particular product offerings. It aggregates emotional response ratings for various dimensions of the vendor-client relationship and product effectiveness, creating a powerful indicator of overall user feeling toward the vendor and product.
While purchasing decisions shouldn't be based on emotion, it's valuable to know what kind of emotional response the vendor you're considering elicits from their users.
Footprint
Negative
Neutral
Positive
Feature Ratings
Credit Card Processing
Mobile Payments
Digital Wallet Integration
Multi Currency
Security
Recurring Payments
Integration With Accounting System
POS Integration
E-Commerce Integration
POS Verification
Reporting Analytics
Vendor Capability Ratings
Ease of Implementation
Ease of Customization
Business Value Created
Usability and Intuitiveness
Availability and Quality of Training
Ease of IT Administration
Breadth of Features
Vendor Support
Ease of Data Integration
Quality of Features
Product Strategy and Rate of Improvement
Venmo for Business Reviews
Akira A.
- Role: Sales Marketing
- Industry: Banking
- Involvement: IT Leader or Manager
Submitted Sep 2021
The best application
Likeliness to Recommend
What differentiates Venmo for Business from other similar products?
Allow clients to pay with Venmo at checkout on your mobile website or app, and you'll reap the social benefits of the Venmo network even after the sale has been completed.
What is your favorite aspect of this product?
I like that I can take payments from people all over the world using Venmo. I can get my money immediately away because it can connect to my bank account. So don't be concerned about me.
What do you dislike most about this product?
The only thing I don't like about Venmo is that others can see who you're paying and what you're paying them for.
What recommendations would you give to someone considering this product?
This is a safe and secure option for your business, it is definitely suggested that you put your plan into action.
Pros
- Helps Innovate
- Enables Productivity
- Trustworthy
- Caring
Please tell us why you think this review should be flagged.
Lingh F.
- Role: Sales Marketing
- Industry: Technology
- Involvement: IT Leader or Manager
Submitted Sep 2021
One of the best mobile-payment systems
Likeliness to Recommend
What differentiates Venmo for Business from other similar products?
Venmo is a payment service that allows users to send direct bank transfers (ACH) or card payments to one another through a cell phone application that is extremely simple to use and accessible thanks to its QR feature.
What is your favorite aspect of this product?
It was extremely simple to set up and use. It's convenient to be able to invoice vendors and pay personal bills no matter where I was or what time it was. People in the film industry do not work regular hours and prefer to be paid only when their work is finished. Venmo, which eliminates the need for a wait, makes this possible. So far, I've had no problems using Venmo to pay vendors. I can always go back and look for transaction records.
What do you dislike most about this product?
The only thing I would change, and this is entirely subjective, is to have more payment subject images available for use in posting transaction details.
What recommendations would you give to someone considering this product?
Venmo is a fantastic tool for contract collection and payment, and I highly recommend it. It's easy to use and offers a variety of payment options.
Pros
- Helps Innovate
- Reliable
- Performance Enhancing
- Enables Productivity
Please tell us why you think this review should be flagged.
yoko c.
- Role: Sales Marketing
- Industry: Telecommunications
- Involvement: IT Leader or Manager
Submitted Sep 2021
the best choice in digital transfers
Likeliness to Recommend
What differentiates Venmo for Business from other similar products?
Transfer money with the help of an app. Venmo is a social media-integrated peer-to-peer money transfer app. Money can be sent or requested via text message using emojis and a news feed similar to Facebook. There's no need to be concerned, as the dollar amounts of transfers are always kept private and you have full control over who sees them. Choose whether or not the public, a select group of friends or your complete confidentiality can see your payments
What is your favorite aspect of this product?
Sending money is a cinch when using Venmo. With their QR option, I can instantly send money and have it go directly into my bank account, which is extremely convenient for me. It's the best option for you at the moment, in my humble opinion.
What do you dislike most about this product?
Check your privacy settings to make sure your payment history isn't automatically shared with the public. Keep in mind when making future updates that payments from outside of the United States will not be accepted.
What recommendations would you give to someone considering this product?
It's been a breeze for me to send and receive money using this method, and it also works with other payment options. This is a great workaround for when I don't have access to Venmo and need to send money to friends and family without depleting my savings. Venmo saved the day for all three of us.
Pros
- Reliable
- Enables Productivity
- Trustworthy
- Inspires Innovation
Please tell us why you think this review should be flagged.
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