Venmo Personal vs Business Account Fees

Personal Venmo accounts have no fee to send/receive from friends. Business profiles charge a 1.9% + $0.10 fee on every transaction received.

What is the Venmo Instant Transfer fee?

Instant transfers to a bank account cost 1.75% of the transfer amount, with a minimum of $0.25 and a maximum of $25.

Yes. Venmo sends a 1099-K for business accounts that receive over $600 in a calendar year.

Yes. A Venmo Business Profile lets customers pay you via the app. The 1.9% + $0.10 fee is lower than most credit card processors.

Calculate Venmo business transaction fees (1.9% + $0.10) and instant transfer costs. Free online calculator.

Mode

Sale Price ($)

Enter a sale price to see the fee breakdown.

Calculate what you keep from every Venmo business payment. See the 1.9% + $0.10 transaction fee and optional instant transfer cost.

Transaction fee

1.9% + $0.10 applied to every business payment received.

Instant Transfer

1.75% fee (min $0.25, max $25) to cash out same-day.

Fee rates verified and updated May 2026. Rates may change — verify directly with the platform before transacting.

Based on default settings. Use the calculator above for your exact figures.