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Using Venmo For Business: Fees, Features, & How To Get Started

We explain how you can use Venmo in your business, from showing you how to set up your business profile to discussing Venmo payment processing fees and transaction limits.

    Chris Motola
  • 7 comments
  • Updated on:
Advertiser Disclosure: Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity.
Chris Motola

Chris Motola

Expert Analyst & Reviewer at Merchant Maverick
An expert in personal and business loans and financial health, Chris Motola has been writing about small business finance and payments for over 5 years. He has been cited in various industry publications, including Forbes Advisor, GoBankingRates, and Medium. Chris is a graduate of the University of Central Florida.
Chris Motola
View Chris Motola's professional experience on LinkedIn.

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7 Comments

Responses are not provided or commissioned by the vendor or bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the vendor or bank advertiser. It is not the vendor or bank advertiser's responsibility to ensure all posts and/or questions are answered.

    Orson

    When my inventory runs out, can I prevent or block any further Venmo business account payments?

      This comment refers to an earlier version of this post and may be outdated.

      Jessica Dinsmore

      Hi Orson,

      At this time, Venmo For Business doesn’t offer an inventory management capability or support recurring billing, so you might want to contact customer support at Venmo for a more definitive answer. It’s possible that additional features are in development. Good luck!

        This comment refers to an earlier version of this post and may be outdated.

        Michael Plattsmier

        Can the business account holder pay for expenses incurred, back to the account holder’s bank?

        Please advise.

          This comment refers to an earlier version of this post and may be outdated.

          Jessica Dinsmore

          Hi Michael,

          We’d need a little more info to answer your question, so your best bet is probably to contact Venmo’s customer support for a definitive answer. Good luck!

            This comment refers to an earlier version of this post and may be outdated.

            Sara R

            I’m a musician and a Voiceover Actor. Can’t find a category for my business. I’ve tried all the obvious ones: “Music”, “Entertainment”, “Acting”, “Performance” – nothing.

            Ridiculous imo.

              This comment refers to an earlier version of this post and may be outdated.

              Indu

              Hi Melissa,
              I have questions on fund processing for non-profits. Would you be able to either correspond via email or take a call. I am looking at implementing a solution for non-profits and would like some information on how to do this.

                This comment refers to an earlier version of this post and may be outdated.

                Jessica Dinsmore

                Hi Indu,

                You can send a question directly to [email protected] and we will do our best to help you out. We do not currently offer private consulting services, however.

                  This comment refers to an earlier version of this post and may be outdated.

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