What this tool tells you
Venmo fees depend on how a payment is received or money is transferred. The current general fee schedule lists 1.9% + $0.10 for business-profile payments, 2.99% for personal Goods & Services, 2.29% + $0.09 for Tap to Pay, and 1.75% for Instant Transfer (minimum $0.25, maximum $25). Eligible personal payments between friends are generally free.
How the math works
Choose one transaction type and enter its amount. Receipt fees and Instant Transfer are separate; the calculator does not stack them. Personal payments must not be used to disguise commercial sales.
Frequently asked questions
Why does Venmo's help content conflict?
The consolidated fee schedule and device FAQs support $0.09 for Tap to Pay, while a separate business-profile help article has shown a different fixed amount. Verify the fee displayed for your account and device.
Is Instant Transfer a seller fee?
No. It is a separate optional withdrawal charge. The current schedule lists 1.75%, subject to a $0.25 minimum and $25 maximum.
Official sources
- Venmo: Our Fees
Current consolidated fee schedule.
- Venmo: Business Profile Transaction Fees
Separate help content may conflict on a fixed fee.
- Venmo: Tap to Pay on iPhone FAQ
Device-specific Tap to Pay information.
- Venmo: Tap to Pay on Android FAQ
Device-specific Tap to Pay information.
Educational planning information only—not tax, legal, accounting, or financial advice. Fees and tax rules can change; verify current terms with the provider or official authority.