Payment Depot vs Venmo

Payment Depot is a cheap merchant account provider for high-volume businesses. How does it compare to Venmo? Read our comparison chart below.

	Payment Depot	Venmo

	Visit Site	Visit Site
	SPECIAL OFFER Save Over $400 Per Month on Average - Learn More Read Payment Depot Review	SPECIAL OFFER Try Venmo business profiles for 30 days - Learn More
	Benefits and Features
Monthly Fee	Start at $79/month (Process up to $250,000/yr) Custom quote (Process more than $250,000/yr)	$0
Good For	Businesses processing $20,000 or more per month	Small mobile businesses and freelancers who want to take Venmo payments
Equipment	POS (EMV, Magstripe, NFC, Contactless, Smart Terminals), Mobile Payment Processing, Online Payment Processing	None needed
Customer Service	Phone, Email, Ticket Center, Social Media Platforms (Facebook, Twitter, LinkedIn)	Phone, email, and messaging through the app
Fraud Prevention Tools
Invoice Management	Integration needed
Pricing Model	Subscription	Flat-Rate
Recurring Billing	Integration needed
Swipe Rate	Interchange rate + $0.08	1.9% + $0.10
Online Rate	Interchange rate + $0.18	2.9% + $0.30
Keyed-in Transaction Fee	Interchange + 18¢	N/A
Deposit Time	Next day deposits	Instant access to the funds in your Venmo account for in-person payments.
Chargeback Fee		N/A
	CreditDonkey® Reviews

Price
Equipment
Contract
Customer Service
Ecommerce
High Volume Business
Low Volume Business
Pros & Cons	Pros: Affordable membership pricing Cancel anytime Cons: Not ideal for small businesses Equipment return fee
Bottom Line	Cheap merchant account provider for high-volume businesses... Read full review
	Visit Site	Visit Site
	Save Over $400 Per Month on Average First Month Free Save 40% or More	Try Venmo business profiles for 30 days
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Save Over $400 Per Month on Average

Learn More

📞 1-866-676-0771

No hidden fees
No surprises
No cancellation fees

First Month Free

📞 1-866-676-0771

Wholesale Rates
Membership Fee Model
No Cancellation Fees

Save 40% or More

📞 1-866-676-0771

Wholesale Rates
Membership Fee Model
No Cancellation Fees

Still need help deciding which merchant services is better? Read the in-depth reviews below. You may also be interested in comparing Payment Depot or Square.