Venmo Business Fee Calculator
Calculate Venmo business account fees with the simple 1.9% + $0.10 rate for QR code payments. No monthly fees, no setup costs, just transparent transaction fees.
Venmo Business Fee Calculator
Calculate Venmo business account fees with the simple 1.9% + $0.10 rate for QR code payments. No monthly fees, no setup costs, just transparent transaction fees.
Transaction Details
Different payment methods have different fee rates
Standard transfer is FREE but takes 1-3 business days. Instant transfer costs 1.75% but arrives in 30 minutes.
Fee Summary
Venmo Business Fees Calculated
Venmo Business charges a simple 1.9% + $0.10 per transaction fee. Your effective fee rate is 0.00%.
Net Amount (You Receive)
$0.00
After all fees
Total Fees
$0.00
Transaction + transfer fees
Transaction Fee
$0.00
1.9% + $0.10 per transaction
Effective Fee Rate
0.00%
Of total transaction amount
Detailed Breakdown
Understanding Venmo Business Fees
Venmo for Business offers a simple, transparent fee structure that helps small businesses accept payments without the complexity of traditional merchant accounts. The 1.9% + $0.10 rate is competitive with other payment processors and comes with no monthly fees or setup costs.
Venmo Business Fee Structure (2025)
Transaction Fee: 1.9% + $0.10
For every payment you receive through your Venmo Business Profile, you pay 1.9% of the transaction amount plus $0.10. This applies to QR code payments, app-based payments, and business profile transactions.
Example: On a $50 transaction, you pay ($50 × 1.9%) + $0.10 = $1.05 in fees, receiving $48.95.
Instant Transfer: 1.75% (Optional)
Standard bank transfers are FREE but take 1-3 business days. For instant access to your funds (arrives in 30 minutes), Venmo charges 1.75% with a minimum of $0.25 and maximum of $25.00 per transfer.
Most businesses use the free standard transfer and only pay for instant transfers when needed urgently.
No Hidden Fees
Unlike many payment processors, Venmo Business has NO monthly fees, NO setup fees, NO cancellation fees, and NO minimum transaction requirements. You only pay when you get paid.
Who Benefits Most?
- •Small Businesses: Accept payments without expensive merchant accounts
- •Food Trucks & Pop-ups: QR code payments make checkout fast and contactless
- •Freelancers & Consultants: Get paid for services with low fees
- •Local Retailers: Lower fees than Square (2.6% + $0.10) and Stripe (2.7% + $0.05)
- •Event Vendors: Accept payments from customers who already use Venmo
Venmo vs. Competitors
| Processor | In-Person Rate | Monthly Fee |
|---|---|---|
| Venmo Business | 1.9% + $0.10 | $0 |
| Square | 2.6% + $0.10 | $0 |
| Stripe | 2.7% + $0.05 | $0 |
| PayPal | 2.29% + $0.09 | $0 |
* Venmo offers the lowest in-person transaction rate among major payment processors.
Frequently Asked Questions
What are Venmo business fees in 2025?
Venmo business accounts charge 1.9% + $0.10 per transaction for payments made through a business profile. There are no monthly fees, setup fees, or cancellation fees. Standard bank transfers are free (1-3 business days), while instant transfers cost 1.75% (min $0.25, max $25).
How do Venmo business fees work?
When a customer pays your business profile, Venmo deducts 1.9% of the transaction amount plus $0.10 before depositing the funds into your Venmo balance. For example, on a $100 transaction, you pay $2.00 in fees and receive $98.00.
Is Venmo cheaper than Square and Stripe?
Yes, for in-person transactions. Venmo charges 1.9% + $0.10, while Square charges 2.6% + $0.10 and Stripe charges 2.7% + $0.05. On a $50 transaction, you save $0.40 per transaction compared to Square and $0.45 compared to Stripe.
Are there monthly fees for Venmo business accounts?
No. Venmo business profiles have zero monthly fees, setup fees, or cancellation fees. You only pay the 1.9% + $0.10 transaction fee when you receive payments.
How much does instant transfer cost?
Instant transfers cost 1.75% of the transfer amount, with a minimum fee of $0.25 and a maximum of $25.00. For example, transferring $100 costs $1.75, while transferring $2,000 costs the maximum $25.00. Standard transfers to your bank account are free but take 1-3 business days.
Can I accept credit card payments with Venmo business?
Yes. When customers pay with a credit card through Venmo, they pay an additional 3% fee (not you). Most customers pay with their Venmo balance or linked bank account, which has no additional fee.
What is the difference between personal and business Venmo?
Personal Venmo is free for peer-to-peer transfers but cannot be used for business transactions. Business profiles charge 1.9% + $0.10 but provide seller protection, business features like QR codes, business hours, and the ability to legally accept payments for goods and services.
How do I calculate Venmo business fees?
Multiply your transaction amount by 1.9% (0.019), then add $0.10. For multiple transactions, multiply the per-transaction fee by the number of transactions. Use our calculator above for instant results.
Does Venmo report business income to the IRS?
Yes. Venmo reports business transactions over $600 per year to the IRS using Form 1099-K, per federal reporting requirements. Keep accurate records of all business transactions for tax purposes.
How does this calculator save my data?
Your inputs are automatically saved to your browser's local storage. When you return, your previous values are restored. No data is sent to our servers - everything stays private on your device.