Venmo Fee Calculator
Quickly calculate your Venmo transaction fees and find out exactly how much you’ll receive or pay.
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Understanding Venmo Fees and Selling Costs
Venmo offers a convenient platform for peer-to-peer transactions and business payments. While many services are free, certain transaction types, funding sources, and international transfers incur fees. This guide provides a clear, up-to-date overview of Venmo’s fee structure.
Personal Account Fees
For personal accounts, Venmo maintains a straightforward fee policy:
| Transaction Type | Fee | Details |
|---|---|---|
| Online purchases | $0 | No fee for online purchases. |
| Send money to a Venmo or U.S. PayPal account (balance, debit card, or bank) | $0 | No fee when sending money within the U.S. using free funding sources. |
| Send money to a Venmo or U.S. PayPal account using a credit card | 3.00% | A 3.00% fee applies when using a credit card. |
| Send money to a non-U.S. PayPal account (balance, debit card, or bank) | 5.00% (min $0.99, max $4.99) | International PayPal transfers incur a capped percentage fee. |
| Send money to a non-U.S. PayPal account using a credit card | 5.00% (min $0.99, max $4.99) + 3.00% | Includes both the international transfer fee and credit card fee. |
| Send money using Visa+ (eligible digital wallets) | $0 or 1.75% (min $0.25, max $25) | Free for PayPal digital wallets; fees apply to other eligible wallets. |
| Receive personal payments | $0 | No fee unless the sender marks the payment as goods and services. |
| Receive payments marked as goods and services | 2.99% | Seller transaction fee deducted from the received amount. |
| Instant Transfers | 1.75% (min $0.25, max $25) | Available for eligible bank accounts or debit cards, typically in minutes. |
For more details, visit Venmo’s official fee page: Venmo Fees .
Business and Charity Profile Fees
Businesses and charities using Venmo are subject to specific transaction fees:
- Business Profiles: A fee of 1.9% + $0.10 per transaction applies to payments received of $1.00 or more. For Tap to Pay payments, the fee is 2.29% + $0.09.
- Charity Profiles: A standard fee of 1.9% + $0.10 is charged for each donation received.
These fees are automatically deducted from the payment amount and apply only when payments are sent to business or charity profiles.
How to Avoid Unnecessary Venmo Fees
To minimize costs:
- Use free funding sources: Link a bank account or Venmo balance instead of credit cards.
- Opt for standard transfers: Wait 1 - 3 days to avoid instant transfer fees.
- Mark transactions correctly: Personal payments between friends should not use the "Goods & Services" option.
For official details, refer to Venmo’s fee page . Note that fees may change, so always verify rates before transacting.