Not affiliated with, endorsed by or sponsored by Venmo or PayPal. The name is a trademark of its owner and appears here only to identify whose published fee schedule we use.
Venmo fees in 2026
Paying friends from a Venmo balance, bank account or debit card is free; the fees fall on sellers, on instant transfers and on payments funded by a credit card.[1]
| Transaction | Fee |
|---|---|
| Business profile payment | 1.9% + $0.10 |
| Personal profile, goods and services | 2.99% |
| Tap to Pay (business profile) | 2.29% + $0.09 |
| Instant transfer to bank or card | 1.75% (min $0.25, max $25) |
| Standard transfer (1–3 business days) | Free |
| Sending money with a credit card | 3% (paid by the sender) |
| Venmo Debit Card abroad | 2.5% foreign transaction fee (from Nov 4, 2026) |
Venmo fees on common amounts
| Amount | Business profile | Personal G&S | Tap to Pay | Instant transfer |
|---|---|---|---|---|
| $20 | $0.48 | $0.60 | $0.55 | $0.35 |
| $60 | $1.24 | $1.79 | $1.46 | $1.05 |
| $200 | $3.90 | $5.98 | $4.67 | $3.50 |
| $1,000 | $19.10 | $29.90 | $22.99 | $17.50 |
The instant transfer cap means large transfers top out at $25: anything above about $1,429 pays the maximum.
Business profile vs goods and services on a personal profile
A business profile pays 1.9% + $0.10 per payment received; a personal profile that marks a payment as goods and services pays 2.99%. The two cost the same at about $9.17 (1.09% of $9.17 is the $0.10 fixed fee); below that the personal rate is cheaper, above it the business rate is, and the gap grows with the payment: on $1,000 it is $10.80.
Venmo at online checkout
When a store accepts "Pay with Venmo" at its checkout, the merchant pays PayPal's checkout rate of 3.49% + $0.49, not the Venmo business rate.[2] The PayPal fee calculator covers that case. For in-person and card payments compare the Square and Cash App fee calculators, or the credit card processing fee calculator for a full merchant account.
Venmo fee changes
- Venmo Debit Card foreign transaction fee of 2.5% starts.
- Goods-and-services payments to personal profiles move from 1.9% + $0.10 to 2.99% (date range from archived copies of Venmo's fee page).
Frequently asked questions
How much does Venmo charge to receive money?
Nothing for personal payments from friends. Sellers pay 1.9% + $0.10 on a business profile or 2.99% for goods-and-services payments on a personal profile.
What is the Venmo instant transfer fee?
1.75% of the amount, with a $0.25 minimum and a $25 maximum. Standard transfers that take one to three business days are free.
Does Venmo charge a fee for goods and services?
Yes, the seller pays 2.99% of the payment when it is marked as goods and services on a personal profile.
Is it free to send money on Venmo?
Yes from a Venmo balance, bank account or debit card. Sending with a credit card costs 3%.