Venmo fee calculator
When someone pays you for goods or services through Venmo, the fee is 1.75% — $1.75 on a $100 payment, leaving you $98.25. It is the lightest take of the major platforms because there is no flat fee riding on top. Personal payments between friends are a different case — see the notes below.
Rates checked Oct 2026 — always confirm on the provider's official fee page. Fees are rounded to the nearest cent, the way the platforms round them.
How the Venmo fee works
Venmo splits its world in two. Payments tagged as being for goods and services — and any payment to a business profile — carry a 1.75% seller fee, and in exchange the buyer gets purchase protection. Personal payments between friends funded by a bank account or balance are fee-free, but they are not meant for sales, and using them for business removes the buyer's protection.
With no flat component, Venmo's percentage is the whole story at every size: 1.75% hurts the same on $10 as on $1,000, which makes it unusually kind to small sellers compared with card processors whose flat fees punish small tickets.
Venmo rates at a glance
| Component | Percent | Flat fee |
|---|---|---|
| Goods & services fee | 1.75% | — |
Instant transfers to a bank or debit card carry a separate percentage fee, and card-funded personal payments are charged to the sender. This calculator covers the goods-and-services seller fee. Rates checked Oct 2026 — always confirm on Venmo's official fees page.
What Venmo takes from $10, $100 and $1,000
| You charge | Venmo fee | You receive | Effective rate |
|---|---|---|---|
| $10.00 | $0.18 | $9.82 | 1.80% |
| $100.00 | $1.75 | $98.25 | 1.75% |
| $1,000.00 | $17.50 | $982.50 | 1.75% |
Flat fees are why small payments lose the largest share: on a $10 charge the fixed part alone can outweigh the percentage. If your typical ticket is small, the effective-rate column — not the headline rate — is the number to plan around.
Frequently asked questions
How much does Venmo take from $100?
For a goods-and-services payment, 1.75% of $100 is $1.75, so you receive $98.25. No flat fee is added.
Is there a fee for personal Venmo payments?
Payments between friends from a linked bank account or Venmo balance are free. If a friend pays with a credit card, the sender pays a fee instead. Neither case applies to selling — sales should use the goods-and-services route.
What should I charge to receive $100 after Venmo's fee?
$100 ÷ 0.9825 gives $101.78. Venmo keeps $1.78 and exactly $100.00 reaches you. Reverse mode above handles any target.
Why does Venmo charge for goods and services at all?
The fee funds purchase protection: if an eligible item never arrives or is not as described, the buyer can be refunded. That protection is the main reason to accept the 1.75% instead of asking for a personal payment.