Let’s calculate how much fee to pay on Venmo via easy-to-use Venmo Fee Calculator.

Disclaimer: Venmo charger a fee for Business accounts.

For Personal accounts, Venmo does not charge for sending money from a linked bank account, debit card, or your Venmo account. There is a 3% fee for sending money using a linked credit card.

I thought Venmo was Fee-Free?

Venmo charges a fee for Business Profiles.

Personal debit card transactions are fee-free on Venmo.

For payments sent to your business profile from another Venmo account, the seller transaction fee is a standard rate of 1.9%+$0.10 of the payment.

Venmo Contactless Fee

For contactless payments, Seller transaction fee is 2.29%+$0.10 of the payment.

Contactless payments are accepted with Tap to Pay on iPhone or Tap to Pay on Android.

How to Use Venmo Fee Calculator?

Effortlessly calculate Venmo fees with these easy steps:

1. Input Amount: Type in the amount for your transaction in the ‘Amount’ field.
2. Choose Fee Rate: Select the appropriate fee rate from the dropdown menu – options include “Seller Transaction Fee”, “Instant Transfer”, and “Cryptocurrency Transactions”.
3. Get Results: The calculator instantly displays the fee and explains how it affects the transaction, showing both the amount the receiver gets and what to send for them to receive a specific amount.

What If I Use Debit Card?

For Personal accounts (not Business accounts), Venmo does not charge for sending money from a linked bank account, debit card, or your Venmo account. There is a 3% fee for sending money using a linked credit card.

FAQ