Venmo charges sellers 1.9% + $0.10 on every goods & services payment. Enter an amount to see what you actually keep — and what those fees add up to over a year.
Yes. When money is sent to you as a goods & services payment (or to a Venmo business profile), Venmo takes 1.9% + $0.10 from the amount you receive. Personal friends-and-family payments are free, but you can't ask clients to use those for business without risking your account.
Send clients an invoice with more than one way to pay. If you offer a free rail like PayID, bank transfer, or Zelle alongside Venmo, most clients happily use the free option — and you keep 100%. InvoiceSonic puts all your payment methods on every invoice automatically.
On a $1,000 goods & services payment, Venmo takes $19.10 (1.9% + $0.10), leaving you $980.90. Across $10,000/month that's roughly $2,292 a year in fees.
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