Choose the Venmo transaction type first — the fee is not the same for every payment. Calculate what Venmo deducts, or reverse the calculation to find what to charge so you receive a target amount.
Venmo does not have one universal seller fee. Choose the mode that matches how the money moves.
| Transaction | Published fee | Fee on $1,000 | Recipient keeps |
|---|---|---|---|
| Personal account: goods & services | 2.99% | $29.90 | $970.10 |
| Business Profile | 1.9% + $0.10 | $19.10 | $980.90 |
| Tap to Pay | 2.29% + $0.09 | $22.99 | $977.01 |
| Instant Transfer | 1.75%; $0.25 min / $25 max | $17.50 | $982.50 transferred |
| Credit-card funded personal payment | 3% paid by sender | $30.00 | Depends on payment type |
Last verified 20 August 2026. Source: Venmo official fees. The interactive page also reverse-calculates what to charge to receive a target net amount.
Yes. Venmo publishes different rates by transaction type: personal-account goods and services payments are 2.99%; Business Profile payments are 1.9% + $0.10; and Tap to Pay is 2.29% + $0.09. Personal payments funded by a credit card are 3%. Always check Venmo's official fee page before charging a customer.
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.
It depends on the transaction type. A $1,000 payment to a Business Profile costs $19.10 and leaves $980.90. A personal-account payment identified as goods and services costs $29.90 and leaves $970.10. The calculator shows each official mode separately.
Venmo's published Instant Transfer fee is 1.75% of the transferred amount, with a $0.25 minimum and a $25 maximum. Standard transfer is listed as free. This is separate from any seller fee charged when the payment was received.
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