Venmo Fee Calculator
Short answer: Venmo charges a 2.99% seller fee when a payment to your personal account is marked as goods and services, 1.9% + $0.10 for payments to a business profile, and 2.29% + $0.09 for Tap to Pay. Personal payments between friends are free to receive.
How much to charge so you receive a set amount
Venmo fees at a glance
| Fee | Amount |
|---|---|
| Personal account, payment marked as goods & services | 2.99% |
| Business profile | 1.9% + $0.10 |
| Business profile, Tap to Pay | 2.29% + $0.09 |
Worked examples
Example: $100 goods & services payment to a personal account
| Fee | Amount |
|---|---|
| Personal account, payment marked as goods & services (2.99%) | $2.99 |
| Total fees | $2.99 |
| You receive (before your shipping/item costs) | $97.01 |
Example: $100 payment to a business profile
| Fee | Amount |
|---|---|
| Business profile (1.9% + $0.10) | $2.00 |
| Total fees | $2.00 |
| You receive (before your shipping/item costs) | $98.00 |
FAQ
What is the Venmo fee for goods and services?
2.99% of the payment when the sender marks it as goods and services and you receive it in a personal account. A $100 payment costs $2.99.
What does a Venmo business profile cost?
1.9% + $0.10 per payment received ($2.00 on $100), or 2.29% + $0.09 for Tap to Pay.
Does this include instant transfer fees?
No. Moving money to your bank instantly has its own fee; standard transfers are free according to Venmo's fee page.
Disclaimer: This calculator gives estimates based on Venmo's published US fee schedule as of November 5, 2026. Your actual fees can differ (promotions, account status, category placement, rounding, future changes). We are not affiliated with Venmo. Always confirm on the official Venmo source before making decisions.