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PayPal · Launched 2009
PayPal's US consumer wallet, now accepted at merchant checkout as well as for peer-to-peer.
Taken from the provider's own published pricing. Source: PayPal/Venmo published commercial transaction rate.Official site ↗
Online · percentage component
Rates are step functions: each level holds until it is replaced.
Online pricing across every country where this method is available, with the cost on a $100.00 payment for comparison.
| Market | Listed fee | Cost on 100 | Effective | Since | Basis |
|---|---|---|---|---|---|
| United States | 3.49% + $0.49 | $3.98 | 3.98% | 2 Jun 2024 | Published rate |
Every recorded change, newest first, with the movement from the rate it replaced.
In United States, on the online channel: 3.49% + $0.49, in force since 2 Jun 2024 (published rate). Fees differ by market and channel, and the table above lists each one.
It is priced in 1 market here: United States. A market missing from the list has not been recorded yet, which does not mean Venmo is unavailable there.
It is recorded as instant. Actual timing can depend on cut-off times and on the receiving account.
Yes. It has a chargeback process, so a buyer can dispute a payment through their provider. For a business, that protection comes with dispute fees.
Yes. It is a payment method businesses accept, and the fees shown are what a merchant pays to be paid through it.
