What Companies Accept Venmo Payments?

Venmo, a mobile payment service, initially gained popularity for peer-to-peer transactions. It has since expanded to encompass business transactions, allowing companies to accept payments from customers and broadening its scope. Venmo now serves as a payment option for over two million merchants, both online and in physical stores.

Online and In-App Merchant Payments

Many companies integrate Venmo into their e-commerce websites and mobile applications. During checkout, users can select Venmo, linking to their account within the app to authorize payment. This provides a seamless experience for users accustomed to the Venmo ecosystem.

A diverse range of online businesses and apps offer Venmo as a payment option. These include fashion retailers such as Abercrombie & Fitch, Forever 21, Hollister, and Lululemon. Food delivery services like Grubhub, DoorDash, and Uber Eats also accept Venmo, as do ride-sharing apps like Uber. Other examples include Boxed, Hulu, and Urban Outfitters. The ubiquity of PayPal, Venmo’s parent company, further facilitates its acceptance in many online checkout processes that support PayPal.

In-Person Payments

Venmo can also be used for transactions at physical business locations, offering a contactless payment method. Merchants provide unique QR codes, displayed or printed, which customers scan using their Venmo app to initiate payment. After scanning, the user confirms the amount and completes the transaction from their Venmo balance or linked funding source.

This method simplifies the checkout process, removing the need for physical cash or cards. Retail stores such as CVS and Walgreens are examples of businesses that accept Venmo via QR codes for in-person payments. While Venmo facilitates these transactions, it typically does not provide physical card readers or full point-of-sale equipment for businesses.

Expanding Payment Options with Venmo Cards

Beyond direct merchant integrations, Venmo offers physical cards that significantly expand where users can spend funds associated with their Venmo account. The Venmo Debit Card, issued by Bancorp Bank, operates on the Mastercard network and allows users to spend their Venmo balance anywhere Mastercard is accepted. This means the card can be used at millions of businesses globally, effectively allowing Venmo users to pay any company that accepts Mastercard. The Venmo Debit Card also offers features like cashback rewards at participating merchants and no monthly fees.

Similarly, the Venmo Credit Card, issued by Synchrony Bank, functions on the Visa network. This card enables users to make purchases anywhere Visa credit cards are accepted, including online and in stores worldwide. The Venmo Credit Card provides cash-back rewards, typically earning 3% on the top spending category, 2% on the next, and 1% on all other eligible purchases, with rewards automatically added to the user’s Venmo account. Both the debit and credit cards allow users to leverage their Venmo funds for general spending, broadening the utility of their Venmo account beyond direct app-to-business payments.