Venmo
What is Venmo?
Venmo is a finance app for paying friends, receiving money, and splitting payment requests among several Venmo friends. The listing also describes a Venmo debit card (Mastercard), a Venmo credit card (Visa, issued by Synchrony Bank), buying and selling cryptocurrency in the app, teen accounts, and business profiles under the same account. Money can be moved to a bank account with Instant Transfer or received early through Direct Deposit.
Pricing. Venmo is free, with no in-app purchases on the App Store.
Good for
- Splitting rent or shared costs with friends
- Giving a teen a debit card and a limited Venmo account
- Running a side gig or small business under one Venmo account
Screenshots
Why this app is in A tier
Venmo scores 87 out of 100: rating 97, rating count 100, App Store search rank 52, update recency 100. The four parts are averaged with no weights, and A tier follows from that score within this list. The full explanation, as data.
Description
Venmo is the fast, safe, social way to pay and get paid. Join over 90+ million people who use the Venmo app today SEND AND RECEIVE MONEY Pay and get paid for anything from your share of rent to a gift. Add a note to each payment to share and connect with friends SPLIT A REQUEST AMONG MULTIPLE VENMO FRIENDS You can now send a payment request to multiple Venmo friends at once and customize the amount each person owes GET REWARDED WITH THE VENMO CREDIT CARD Earn up to 3% cash back on your eligible top spend category1 - we’ll do the math. Split card purchases with Venmo friends, and shop everywhere Visa® credit cards are accepted - online, in-store, worldwide2 BUY CRYPTO WITH AS LITTLE AS $1 Buy, hold, and sell cryptocurrency right on the Venmo app. New to crypto? Learn more with in-app resources. Crypto is volatile, so it can rise and fall in value quickly. Be sure to take it at a pace you're comfortable with3 SHOP WITH THE VENMO DEBIT CARD Spend your money in Venmo everywhere Mastercard® is accepted around the globe - and earn cashback from some of your favorite spots. Terms apply: venmo.me/rewards4 VENMO TEEN ACCOUNTS A debit card of their very own and a Venmo account to sen
Compare in Payment Processing
| Measure | |||
|---|---|---|---|
| Tier | A | A | A |
| Score | 87 / 100 | 88 / 100 | 86 / 100 |
| Rating | 4.8 ★ | 4.5 ★ | 4.7 ★ |
| Ratings | 15.5M | 5.3K | 11.5K |
| Latest ratings · 180d | 1.9 ★ · 20 reviews | — | 4.8 ★ · 20 reviews |
| Last update | 1d ago | 22d ago | 1d ago |
| Price | Free | Free download | Free download |
Alternatives
See all 39 ›Where else it ranks
Questions about Venmo
Do teen accounts have fees?
The listing says teen accounts have no minimum balance and no monthly fee. The Venmo Teen Debit Card is for users aged 13 to 17 with parent or legal guardian sign up, and terms apply.
Can I buy crypto in the Venmo app?
You can buy, hold, and sell cryptocurrency in the app starting with as little as $1. It is only available in the US and limited in certain states, and crypto can lose significant value.
Who can apply for the Venmo credit card?
Applicants must be at least 18, live in the US or its territories, and have a Venmo account in good standing open for at least 30 days. Applications are subject to credit approval, and the card is issued by Synchrony Bank.
Is Venmo free?
Yes. Venmo is free on the App Store, with no in-app purchases.
What is Venmo good for?
Venmo is built for splitting rent or shared costs with friends, giving a teen a debit card and a limited venmo account, running a side gig or small business under one venmo account. It sits in the payment processing list on AppTierList.
Is Venmo worth it?
Venmo is A tier, ranked #10 of 40 payment processing apps with a score of 87 out of 100, from a 4.8 App Store rating across 15,473,060 ratings. It is in the list's top tiers; 9 apps rank above it.
How does Venmo compare to Payoneer?
Venmo is A tier at 87; Payoneer is A tier at 88. Payoneer ranks higher. Venmo is free, with no in-app purchases, Payoneer is free to download.
How often is Venmo updated?
Venmo was updated 1 days ago, which counts in its favour.
All the facts
- List
- Payment Processing
- Tier
- A (Excellent)
- Score
- 87 / 100
- Rank in list
- #10 of 40
- Ranking certainty
- settled
- Price
- Free
- App Store rating
- 4.8 out of 5
- Number of ratings
- 15,473,060
- Recent reviews
- 1.9 from 20 in the last 180 days
- Current version
- (1 days ago)
- App Store data read
- App Store category
- Finance
- Good for
- Splitting rent or shared costs with friends, Giving a teen a debit card and a limited Venmo account, Running a side gig or small business under one Venmo account
- Requires
- iOS 17.0 or later
- Size
- 693 MB
- Age rating
- 12+
- Languages
- 1
- Developer pages
- Website · Support · Privacy policy
- Maker
- unclaimed
- As data
- JSON · why it ranks here
Ranking refreshed · how it is computed