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Venmo

Brand: Venmo

  • 4.1

  • 4 Ratings

Venmo is a payment service that allows users to send and request money. Venmo can be used to make purchases at participating businesses, both online and in-store. Venmo allows users to split bills and expenses, making it simple to share costs for meals, rent, utilities, and more.

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Venmo Software Overview

What is Venmo?

Venmo is a digital wallet and payment gateway that is revolutionizing financial transactions for a mobile-centric audience. Facilitating seamless payments and money transfers via mobile devices, it not only streamlines individual transactions but also empowers businesses to tap into a new social currency. It enables users to make payments by linking their bank accounts or debit cards directly through the app or by utilizing funds within their accounts.

Consumers can effortlessly send and receive payments from friends and contacts by selecting a contact's name, @username, phone number, or email. Furthermore, all transactions can be stored as a balance for future use or promptly cashed out to a linked bank account. It boasts a swift checkout system, allowing users to purchase event tickets and make payments with just a few taps. The platform's social integration permits users to share their transactions on the feed, complete with comments and emojis to enhance the social aspect of financial interactions.

Why Choose Venmo?

Financial Management

  • Recurring Payments: Streamline your financial planning by setting up recurring payments for rent, subscriptions, or any other regular expense.
  • Instant Money Transfers: Enjoy the convenience of sending and receiving money instantly with linked bank accounts.
  • Transaction Activity Storage: Store all your transaction activity, including receipts, in your digital wallet for easy tracking and reference.

Social and Community Features

  • Venmo Radar: Explore nearby businesses and connect with friends who also use the platform.
  • Group Chats: Foster seamless communication about expenses and money matters with friends through group chats.
  • Disappearing Messages: Add a layer of privacy to your communication by sending disappearing messages with notes or transaction comments.
  • Challenges and Rewards: Engage in enjoyable challenges with friends and earn rewards for successfully completing them.
  • Personalized Payments: Personalize your payments and provide context with notes and emojis.
  • Networking Simplification: Quickly find and add friends to your network.

Cryptocurrency and Donations

  • Cryptocurrency Activities: Engage in limited cryptocurrency activities, including buying, holding, and selling Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.
  • Donations: Contribute to your favorite causes conveniently by making donations directly within the app.

Business and Payment Solutions

  • Business Payments: Enable businesses to accept payments, manage invoices, and track sales seamlessly.
  • Cashback and Rewards: Benefit from limited-time offers by earning cashback or other rewards on eligible purchases.

Security and Privacy

  • Safety Measures: Ensure the safety of your money through PIN protection, encryption, and fraud monitoring.
  • Customizable Privacy Settings: Control who sees your transactions and profile information with customizable privacy settings.

Pricing of Venmo

Venmo details are available on request at techjockey.

Venmo price in the United States may vary based on factors like customization, additional features required, number of users, and the deployment type. Please request a call back for subscription-related details and to avail offers on premium packages.

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Venmo Company Details

Founded Year:  2009

Venmo offers an app that allows users to share and make payments with friends for a variety of services

Director/Founders Andrew Kortina, Iqram Magdon-Ismail
Company Size 1-100 Employees

Venmo Pricing & Plans

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Venmo Features

  • icon_check Manage privacy settings
    Customize privacy preferences to control who can view transactions.
  • icon_check Check out
    Conveniently complete transactions and payments through the checkout process.
  • icon_check ACH Check Transactions
    Experience seamless ACH Check Transactions for swift & secure money transfers.
  • icon_check Debit Card Support
    Enjoy hassle-free payments with robust debit card support, ensuring convenience at your fingertips.
  • icon_check Mobile Payments
    Experience seamless transactions on-the-go & experience effortless transactions anytime, anywhere.
  • icon_check Online Payment
    Settle bills & split expenses, ensuring secure transactions & hassle-free money management for all.
  • icon_check Digital Wallet
    Seamlessly manage your funds with Venmo's Digital Wallet, where convenience meets safety.
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Venmo Specifications

Supported Platforms
Windows Windows iOS iOS Android Android MacOS MacOS
Devices
Desktop Desktop Mobile Mobile
Deployment
Cloud-Based Cloud-Based
Suitable For
All Industries
Business Specific
All Businesses
Business Size
Small Business Startups Medium Business Enterprises SMBs SMEs MSMBs MSMEs
Customer Support
Phone Email Communities
Language
English
Integration
API Integration
Training Resources
Documentation Videos

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Venmo Review

4.1

Out of 5

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Overall Rating

Based on
4 Verified Ratings

Rating Breakdown

  • Features 4.3
  • Value for Money 3.7
  • Ease of Use 4.1
  • Customer Support 4.2

92% Recommend this Product

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Which operating system does Venmo support?

Venmo is compatible with Windows, Android, MacOS, and iOS operating systems.

Is there any Venmo app?

Venmo app is available for android and iOS app users.

What is the deployment type of Venmo?

Venmo supports web-based deployment.

How much does Venmo cost?

Venmo pricing is available on request at techjockey.com.

Who are the potential users of Venmo?

Venmo is suitable for users looking to send and receive money with just a phone number or email address.

Is there any free trial or demo for Venmo?

Venmo free trial is unavailable at techjockey.com.

Is Venmo free?

Venmo offers a free trial. However, the premium plan with advanced features is available at techjockey.com with exciting deals.

How can you download Venmo?

Venmo installation is not required, as it is web-based/ cloud based. Just open the Setup Wizard to get started.

How does Venmo work?

Venmo is a popular payment service that allows you to send and receive money for shared expenses, split bills, and make purchases.

Terms and Condtions

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Users with registered businesses can purchase goods from merchants on the platform to satisfy their business needs. Users are not permitted to utilize any products acquired through the platform for resale, advertising, business, or further distribution.

For each purchase made, users will receive a Tax Invoice (or 'GST invoice') that includes specific details such as:

  • the GSTIN of the user associated with their registered business, and

  • the specified Entity Name for their business.

It should be noted that not all products are eligible for GST Invoice. Only the products displayed by participating sellers with the 'GST-based Invoice Available' callout on the product description page would qualify.

Certain goods and services are not eligible to get a GST Invoice, including items with VAS, i.e., Value Added Services (e.g., Total Mobile Protection/Assured Buyback) and those involving an exchange offer at the time of purchase.

Users must ensure the accuracy of the GSTIN, and business entity name provided for the GST Invoice. Requests for corrections into GST Invoice would not be accommodated by Techjockey.com or any Seller, and any issues arising from user-provided information are the sole responsibility of users.

Techjockey.com is not liable for the GST Invoice or any associated input tax credit. To efficiently claim an input tax credit, users should select the registered place of business address as per the GST authority's data and follow the provisions of the GST Act and rules.

To claim an input tax credit, the delivery and billing addresses must match. Furthermore, input tax credits will not be granted if the delivery address and GSTIN on the invoice are from different states. In case of incorrect GST details provided during the order placement, the order will be canceled automatically.

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