Compare Stripe and Venmo

Comparison

Stripe Logo

Stripe

Millions of businesses of all sizes—from startups to large enterprises—use Stripe’s software and APIs to accept payments, send payouts, and manage their businesses online. Find out more
Venmo Logo

Venmo

Pay. Get paid. Shop. Share. Venmo is a digital wallet that makes money easier for everyone from students to small businesses. More than 60 million people use the Venmo app for fast, safe, social payments. Find out more
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Why you should consider it
  • 135+ currencies and payment methods
  • 250+ Million API requests per day
  • Supported in 35+ countries
  • Venmo has over 40 Million active users
  • Venmo is the most popular payment app among millennials
  • Venmo processed over $40 Billion in payments in 2019
What are the benefits?
  • Great API capability and uptime
  • Easy Setup
  • Instant Transfers
  • Secure Payments
  • Social Network
Things to look out for
  • Chargeback risk
  • Limited dispute resolution
  • Limited support options
  • Payment processing fees
  • Data Security
  • Fees Apply
  • Limited Use
  • Privacy Concerns
Who is it for?
  • Accountants
  • Accounting Firms
  • Branch Managers
  • Cloud Architects
  • Computer Programmers
  • Contact Centre Teams
  • Customer Service Managers
  • DevOps Engineers
  • Finance Managers
  • Health and Fitness Instructors
  • Healthcare Workers
  • Hotel Managers
  • Hotel Receptionists
  • Technology Providers and Consultants
  • Management Consultants
  • Non-Profit Organisations
  • Operations Managers
  • Retail Businesses
  • Sales and Marketing Teams
  • Sales Managers
  • Savvy Individuals
  • Small Business Owners
  • Software Engineers
  • Startup Companies
  • Leisure, Travel & Tourism Industry
  • Travel Agents
  • Web Designers
  • Web Developers
  • Coworkers
  • Family Members
  • Freelancers
  • Friends
  • Roommates
  • Small Business Owners
  • Students
Features

Accountants

Stripe

Millions of businesses of all sizes—from startups to large enterprises—use Stripe’s software and APIs to accept payments, send payouts, and manage their businesses online.

Help & Support

What is Stripe?
Stripe is a technology company that builds economic infrastructure for the internet. Businesses of every size—from new startups to public companies—use our software to accept payments and manage their businesses online.
What countries does Stripe operate in?
Stripe is available in over 40 countries, including the United States, Canada, Australia, and most of Europe. For a full list of supported countries, please visit the Stripe website.
What types of payments can I accept with Stripe?
Stripe supports a wide variety of payment methods, including credit and debit cards, Apple Pay, Google Pay, and various local payment methods. You can also accept payments in multiple currencies with Stripe.
Is Stripe secure?
Yes, Stripe takes security very seriously and uses advanced security measures to protect your data and transactions. Stripe is also certified as a PCI Level 1 Service Provider, which is the highest level of certification available in the payments industry.
What fees does Stripe charge?
Stripe charges a processing fee of 2.9% + 30 cents per successful transaction for businesses in the United States. Fees may vary for businesses in other countries. Stripe also offers custom pricing for businesses with high transaction volumes.
Does Stripe offer support?
Yes, Stripe offers 24/7 support via email and chat. They also have an extensive online help center with articles, guides, and tutorials to help you get started with Stripe.
Can I use Stripe with my existing website or platform?
Yes, Stripe offers a variety of integration options, including plugins for popular website builders like WordPress and Shopify, as well as APIs for custom integrations. Stripe also has a mobile app for managing your payments on the go.
How long does it take to set up Stripe?
Setting up Stripe is quick and easy. You can create an account and start accepting payments in just a few minutes. However, depending on your business and the level of customization you require, it may take longer to fully integrate Stripe into your website or platform.

Venmo

Venmo: A Secure and Convenient Way to Send and Receive Money

Venmo is a secure and convenient way to send and receive money.

It is a mobile payment service owned by PayPal that allows users to transfer money to friends and family, pay for goods and services, and split bills.

Venmo is free to use and is available on both iOS and Android devices.

Who Should Use Venmo?

Venmo is ideal for anyone who needs to send or receive money quickly and securely.

It is especially useful for college students, freelancers, and small business owners who need to transfer money to friends, family, or clients.

Help & Support

How do I send money with Venmo?
You can send money with Venmo by entering the recipient's name, phone number, or email address. You can also send money to a group of people at once.
How do I receive money with Venmo?
You can receive money with Venmo by entering the sender's name, phone number, or email address. You can also request money from someone else.
Is Venmo secure?
Yes, Venmo is secure. All payments are encrypted and protected with bank-level security. Venmo also offers fraud protection and account monitoring.
What is Venmo?
Venmo is a digital wallet that lets you make and share payments with friends. You can easily split the bill, cab fare, or much more.
How do I sign up for Venmo?
You can sign up for Venmo using your email address or Facebook account. You'll need to provide your name, date of birth, and the last four digits of your Social Security number.
How do I add money to my Venmo account?
You can add money to your Venmo account using your bank account, debit card, or credit card. You can also transfer money from your Venmo balance to your bank account.

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