Venmo Fee Calculator

Venmo takes 2.99% from a goods and services payment to a personal account.

Venmo fee = payment × percentage + fixed fee
you keep = payment − Venmo fee

On a $100 payment, 2.99% is $2.99. There is no fixed fee, so you keep $97.01 and the fee is 2.99% of the payment.

Venmo lists this fee for a payment that the sender identifies as for goods and services. The calculator opens on it because it is the case most sellers on a personal account run into.

A business profile pays 1.9% + 10¢, which is less than the 2.99% a personal account pays.

On a $100 payment a business profile pays $2.00, against $2.99 for a personal account paid for goods and services. A payment accepted with Tap to Pay costs 2.29% + 9¢, which is $2.38. A charity profile pays the same as a business profile.

A personal payment from a friend costs you nothing, and a sender who funds it with a credit card pays 3% to Venmo.

Venmo's fee page lists no fee for you when a Venmo user sends you a personal payment. The 2.99% applies only when the sender identifies the payment as for goods and services. The sender is charged 3.00% when the payment is funded by a credit card, and nothing when it is funded by a balance, a debit card or a bank account.

An Instant Transfer costs 1.75%, with a $0.25 minimum and a $25 maximum.

Moving money from your Venmo balance to your bank or debit card with the Instant Transfer option costs 1.75%, with a $0.25 minimum and a $25 maximum. The minimum applies to transfers under about $14.29, and the maximum to transfers over about $1,429. A standard transfer costs nothing and, Venmo says, usually arrives in 1 to 3 business days at a linked bank account.

The calculator takes the Instant Transfer fee on the money you keep, because that is the amount you move.

To receive an exact amount, add the fixed fee and divide by what the percentage leaves.

amount to charge = (amount you want + fixed fee) ÷ (1 − percentage)

To keep $100 from a goods and services payment, charge $100 ÷ (1 − 2.99%), which is $103.08. Venmo's fee on $103.08 is $3.08, and $100 is left. Adding 2.99% to $100 is not enough, because the percentage is taken from the larger amount. For a business profile, charge ($100 + $0.10) ÷ (1 − 1.9%), which is $102.04.

On a $100 payment, a Venmo business profile costs $2.00, less than Stripe's $3.20 and PayPal Checkout's $3.98.

Stripe's standard US price is 2.9% + 30¢ per successful payment on a domestic card, which is $3.20 on $100. Venmo's 2.99% for a personal account costs less than that on any payment under about $333.33, and more above it. PayPal's fee page lists 2.99% for goods and services, the same percentage as Venmo's, and 3.49% + 49¢ for a payment made with Venmo through PayPal Checkout, which is $3.98 on $100.

Sources: Venmo, Fees with your Venmo Account; PayPal, Merchant Fees (United States); Stripe, stripe.com/pricing. Venmo's fee page · the copy archived on 27 October 2026 · PayPal's fee page · Stripe's pricing page

To work out the same fee on PayPal or Stripe, use the PayPal fee calculator or the Stripe fee calculator. The Cash App fee calculator does the same for Cash App.

If you sell subscriptions on Stripe, 1Capture collects the first payment in the last 2 hours of a trial and retries it up to 10 times if it fails, as the payment capture page explains.