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Finance Calc Kit
Personal finance

Venmo Fees Calculator

Calculate Venmo transaction fees instantly. Free online Venmo fee calculator for merchants and personal payments.

Payment details

$
Quick amounts:

You receive

$98.00

Total Venmo fees: $2.00 (2.0% effective rate)

Total fees

$2.00

1.9% + $0.10 fixed

Amount to ask for

$102.04

Gross amount needed to net your target after fees

Fee breakdown

Transaction amount$100.00
Percentage fee (1.9%)$1.90
Fixed fee$0.10

Payment composition

Gross$100.00
  • You receive$98.0098.0%
  • Venmo fees$2.002.0%
Venmo fee rates reflect published merchant and personal payment schedules effective September 1, 2026. Merchant payments are charged 1.9% plus $0.10 per received payment; personal bank transfers are free; credit card payments incur a 3% sender fee. Confirm current rates on Venmo before quoting prices.
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How Venmo fees work for merchants and personal payments

Venmo charges different fees depending on whether you receive a business payment, send money from a linked bank account, or fund a personal payment with a credit card. Merchants pay a percentage plus a fixed per-transaction fee on money received through a Venmo business profile. Personal bank transfers are free, while credit card payments carry a sender-side percentage fee. This calculator uses Venmo published fee schedules effective September 1, 2026.

Compare Venmo against other payment processors with our PayPal fee calculator, Cash App fee calculator, and Stripe fee calculator. When you need to build processing costs into product pricing, the markup calculator shows how fees affect profit margins.

Merchant payment fee formula

Venmo business profiles charge 1.9% of the payment amount plus a $0.10 fixed fee on each transaction received. The net amount you keep is the gross payment minus total fees:

Fee=A×1.9%+$0.10,Net=A−Fee\text{Fee} = A \times 1.9\% + \$0.10,\qquad \text{Net} = A - \text{Fee}

For a $100 merchant payment: percentage fee = $100 × 0.019 = $1.90, fixed fee = $0.10, total fee = $2.00, and you receive $98.00.

Personal payment fees

Standard personal payments funded by a linked bank account or debit card carry no Venmo fee when sending to friends and family. Payments funded by a credit card incur a 3% sender fee:

Card Sender Fee=A×3%,Bank Transfer Fee=$0\text{Card Sender Fee} = A \times 3\%,\qquad \text{Bank Transfer Fee} = \$0

A $200 personal payment sent with a credit card costs $6.00 in fees ($200 × 3%), while the same payment from a bank balance costs nothing. Instant transfers to your bank may incur separate optional fees not modeled here.

Reverse calculation: amount to ask for

If you need to receive a specific net amount after merchant fees, solve for the gross payment your customer should send:

Agross=Atarget+$0.101−1.9%A_{\text{gross}} = \frac{A_{\text{target}} + \$0.10}{1 - 1.9\%}

To net $100 after merchant fees: gross = ($100 + $0.10) ÷ (1 - 0.019) = $102.04. The customer pays $102.04, Venmo deducts $2.04 in fees, and you receive $100.00. For credit card personal payments, replace 1.9% with 3% and drop the fixed fee.

Venmo fee schedule summary

Transaction typePercentage feeFixed fee$100 example net
Merchant payment received1.9%$0.10$98.00
Personal bank transfer0%$0.00$100.00
Personal credit card3%$0.00$97.00

Frequently asked questions

How much does Venmo charge merchants?
Venmo business profiles charge 1.9% of the payment amount plus $0.10 per transaction received. On a $100 payment, total fees are $2.00 and you receive $98.00.
Are personal Venmo transfers free?
Yes. Sending money from a linked bank account or debit card to friends and family is free. Credit card payments incur a 3% sender fee.
Who pays the credit card fee on Venmo?
The sender pays the 3% fee when funding a personal payment with a credit card. The recipient receives the full amount requested.
How do I calculate the amount to charge so I net a target amount?
For merchant payments, divide your target net plus $0.10 by (1 - 0.019). For example, to net $50, charge ($50 + $0.10) ÷ 0.981 = $51.07.
Do Venmo fees differ from PayPal fees?
Yes. PayPal commercial transactions use a different rate schedule (typically 2.99% plus $0.49 for US domestic card payments). Use our PayPal fee calculator for side-by-side comparison.
Are instant transfer fees included?
No. This calculator covers payment receipt and send fees only. Optional instant transfer to your bank may incur a separate 1.75% fee (minimum $0.25, maximum $25) not included here.

Resources and references

The formulas and methods in this calculator were checked against these independent sources.