United States · Payment fees · Venmo
Venmo business profile fee calculator.
A Venmo business profile keeps 1.9% plus 10 cents of every payment it receives. Enter a sale to see the fee, what reaches your balance, what an instant transfer out costs, and the price to charge so you net a set amount.
A $100.00 payment to a business profile costs $2.00 in fees, so $98.00 reaches your Venmo balance (2.00% effective). Moving that out by Instant Transfer costs another $1.72. To net a full $100.00 you would charge $102.04.
Your numbers
Your result
How this is calculated
- Fee on a payment. Venmo's fees page lists 1.9% plus $0.10 for payments received by a business profile, and 2.29% plus $0.09 for Tap to Pay. The fee is the percentage of the payment plus the fixed amount, rounded to the cent.
- What reaches you. Payment minus fee. The effective rate is the fee divided by the payment, which is higher on small payments because the 10 cents is a larger share.
- Instant Transfer. Moving money to a debit card or bank the same day is charged 1.75% of the amount moved, with a $0.25 minimum and a $25 maximum on the fees page. This tool applies that to the amount left after the payment fee. A standard transfer is listed at $0.00 and takes 1 to 3 business days to a linked bank account.
- Price to net a target. To receive a target T you charge (T + fixed fee) / (1 - rate), rounded up to the next cent so the net never lands a cent short.
Worked example: a $100.00 payment
| Line | Business profile | Tap to Pay |
|---|---|---|
| Customer pays | $100.00 | $100.00 |
| Percentage fee | $1.90 | $2.29 |
| Fixed fee | $0.10 | $0.09 |
| Total fee | $2.00 | $2.38 |
| Reaches your balance | $98.00 | $97.62 |
| Instant Transfer fee on that balance | $1.72 | $1.71 |
| In your bank the same day | $96.28 | $95.91 |
The two columns differ by only $0.38 on this payment. The gap grows with the payment size because the percentage is 0.39 points higher for Tap to Pay while the fixed fee is 1 cent lower.
What this does not cover
- Fees on a personal profile. The Venmo page lists 3.00% for sending by credit card from a personal account, with the note that the credit card cost is accurate as of June 27, 2024.
- Other business-side charges that may exist for a given account, such as checkout integrations or disputes, which this tool does not look up.
- Income tax on what you earn. Receiving a Form 1099-K or not does not change whether income is reportable; the IRS page below says you must report income either way.
- Any promotional or negotiated rate on your own account. Type a different rate into the PayPal or Square calculators if yours differs.
Method and assumptions
Every figure is the published rate multiplied by the amount you type. The Venmo fees page shows no general last-updated date for the schedule, so the date on this page is the day it was opened. Rounding is to the cent at each fee. Nothing here is a forecast of what you will sell.
Results vary with your actual account, payment mix and transfer choices. This page uses the numbers you enter and Venmo's published rates; it does not predict what you will earn or owe.
Sources
- Venmo: Fees (business profile, Tap to Pay, Instant Transfer), retrieved October 26, 2026
- IRS: Understanding your Form 1099-K (page last reviewed June 28, 2026), retrieved October 26, 2026
Cite this page: TNAADO Tools, "Venmo business profile fee calculator," tools.tnaado.ca/us/venmo-business-profile-fee-calculator/, figures retrieved October 2026.
Common mix-ups
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Often assumedIf my Venmo business payments stay under the 1099-K reporting level, I do not have to report that income.
What the source saysThe IRS says that whether or not you receive a Form 1099-K, you must still report any income on your tax return. The 1099-K level of more than $20,000 across more than 200 transactions only decides whether the app sends you the form. [1]
Checked against these sources on .
Frequently asked questions
How much does Venmo charge a business profile?
The Venmo fees page lists 1.9% plus $0.10 for each payment a business profile receives. A $50.00 payment costs $1.05, so you receive $48.95.
Is the Instant Transfer fee on top of the payment fee?
Yes. The payment fee comes off when the money arrives. Instant Transfer is a separate charge for moving the balance out: 1.75% with a $0.25 minimum and a $25 maximum on the fees page. Standard transfer is listed at $0.00.
How much should I charge to receive exactly $100?
At 1.9% + $0.10 you charge (100 + 0.10) / 0.981, which is $102.04 after rounding up. The calculator above works this out for any target and for the Tap to Pay rate.
Is Tap to Pay cheaper than a normal business payment?
The listed rates are 2.29% + $0.09 for Tap to Pay and 1.9% + $0.10 for a regular business profile payment, so Tap to Pay costs more on every payment size at those rates. The tool shows both side by side in its worked example.
Do I report Venmo business income if I get no Form 1099-K?
Yes. The IRS page says that whether or not you receive a Form 1099-K you must still report any income on your tax return. It also says payment apps report payments above $20,000 across more than 200 transactions, and you can still receive a form below that.
Estimate only
This is an educational estimate built from the numbers you enter and the published figures listed under Sources. Fee schedules change, so check the live page before you rely on a rate. It is not tax, legal or accounting advice. Venmo can change its fees at any time.