Free Venmo Business Fee Calculator 2026
Enter a transaction amount to calculate Venmo's business and personal fees. See your net payout and compare to PayPal and Square.
Transaction Details
You Receive
$48.95
Processing Fee
$1.05
Fee Rate
2.1%
Venmo Business Fees
| Business Transaction Fee | $0.95 |
| Business Transaction (Flat) | $0.10 |
| Total | $1.05 |
Business profile transactions: 1.9% + $0.10.Updated 2026-04-03
Venmo Business at a Glance
| Availability | US only |
| Monthly Fee | $0 |
| Payout Speed | 1–3 business days (instant for 1.75%) |
| Chargeback Fee | N/A |
| Currencies | USD only |
| Buyer Protection | Yes — Purchase Protection on eligible payments |
| Contract | None |
Venmo Fee Structure
Venmo is a mobile payment service owned by PayPal. While personal payments funded by a bank account or Venmo balance are free, business transactions and certain transfer methods carry fees. If you accept payments through a Venmo business profile, you pay a seller transaction fee on every payment you receive.
| Transaction Type | Fee |
|---|---|
| Business profile — goods & services | 1.9% + $0.10 |
| Personal — bank, debit, or balance | Free |
| Personal — credit card | 3% |
| Instant transfer to bank | 1.75% (min $0.25, max $25) |
| Standard transfer to bank | Free (1–3 business days) |
| Venmo Debit Card — in-store | Free |
For a $100 business transaction, Venmo charges $2.00, leaving you with $98.00. This is notably cheaper than PayPal's 2.99% + $0.49 for the same type of transaction. If you use instant transfer to move the funds to your bank, add another $1.75, bringing your total cost to $3.75. Standard transfers are free but take 1 to 3 business days.
Venmo vs PayPal vs Square
Venmo's business rate of 1.9% + $0.10 is significantly cheaper than PayPal's 2.99% + $0.49 for goods and services — a difference of $1.48 on a $100 payment. Square charges 2.6% + $0.10 for in-person and 2.9% + $0.30 for online payments. While Venmo offers the lowest rate, it lacks invoicing, point-of-sale hardware, and many business features that Square and PayPal provide. Venmo works best for small businesses, freelancers, and service providers who primarily deal with mobile-savvy customers.
Frequently Asked Questions
How much does Venmo charge for business?
Venmo charges 1.9% + $0.10 for payments received through a business profile. This fee is automatically deducted from each payment before it reaches your balance. There are no monthly fees or setup costs for a Venmo business profile.
Is Venmo cheaper than PayPal?
Yes, significantly. Venmo's business rate is 1.9% + $0.10 compared to PayPal's 2.99% + $0.49. On a $100 transaction, you save $1.48 with Venmo. However, PayPal offers more robust business tools like invoicing, recurring payments, and international support.
Can I use Venmo for my business?
Yes. Venmo offers business profiles that allow you to accept payments for goods and services. You get a dedicated business page, transaction history for tax reporting, and the ability to accept payments from any Venmo user. It works well for small businesses, freelancers, and side hustles.