Venmo for Business vs. 2Checkout from Verifone

Venmo for Business

2Checkout from Verifone

Overview
Product	Rating	Most Used By	Product Summary	Starting Price
Venmo for Business	Score 8.8 out of 10	N/A	Venmo for Business supports touch-free transactions and provides customers a secure and simple way of paying. Businesses can accept payments virtually through the app, and in-person with a unique business QR code. Business's can turn the QR code into an eye-catching point-of-sale with a free QR Kit, in order to give customers an easy, touch-free checkout. There is no set-up fee and no monthly fees, with transaction fees of 1.9% + $0.10.	N/A
2Checkout from Verifone	Score 8.5 out of 10	N/A	The 2Checkout Monetization Platform, now from Verifone (acquired September 2020) is designed to address the complexity of online commerce, subscription billing, and global payments for software, SaaS and online services companies. The vendor says that their solution is backed by: a proven cloud platform, unmatched expertise and a depth of digital commerce services. The vendor’s value proposition is that their solution simplifies the complexities that online merchants face when expanding and…	N/A

Pricing

Venmo for Business

2Checkout from Verifone

Editions & Modules

No answers on this topic

Offerings

Pricing Offerings
Venmo for Business	2Checkout from Verifone
Free Trial
No	No
Free/Freemium Version
No	No
Premium Consulting/Integration Services
No	No

Entry-level Setup Fee

No setup fee

Additional Details

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2SELL - 3.5% + 0.30 EUR per successful sale 2SUBSCRIBE - 4.5% + 0.40 EUR per successful sale 2MONETIZE - 6.0% + 0.50 EUR per successful sale

More Pricing Information

Community Pulse
	Venmo for Business	2Checkout from Verifone
Top Pros	No answers on this topic	Pro Payment processing Pro Paypal payments Pro Support desk
Top Cons	No answers on this topic	Minus Not supported Minus B testing Minus User account

Best Alternatives
	Venmo for Business	2Checkout from Verifone
Small Businesses	Apple Pay Score 9.1 out of 10	WooCommerce Subscriptions Score 7.6 out of 10
Medium-sized Companies	Apple Pay Score 9.1 out of 10	Sage Intacct Score 8.7 out of 10
Enterprises	Adyen Score 8.8 out of 10	Salesforce CPQ Score 7.7 out of 10
All Alternatives	View all alternatives	View all alternatives

User Ratings
	Venmo for Business	2Checkout from Verifone
Likelihood to Recommend	10.0 (1 ratings)	8.2 (7 ratings)
Usability	- (0 ratings)	1.0 (1 ratings)

User Testimonials
	Venmo for Business	2Checkout from Verifone
Likelihood to Recommend	PayPal I had a customer who wanted me to do his wife's birthday party. I sent him the estimate and he gave me a deposit from his Venmo account. When the party was done, he forgot to pay for a week. I reminded him with an invoice and he sent a deposit. It wasn't immediately deposited, but it [arrived the next day]. CharRon E. Smith Owner Read full review	Verifone 2Checkout Monetization Platform is well suited for emerging SaaS businesses because along with payment processing, they offer you exposure to Affiliates and make electronic code delivery easy. The dashboard is cumbersome and reporting graphs/options are not easy to comprehend so it might become trouble when the business grows and you want to show it to venture capitalists or any investor/buyer. Incentivized Rohit Langde Marketing Manager Read full review
Pros	PayPal QR codes for quick payment A secure account for customers Venmo integrates with QuickBooks CharRon E. Smith Owner Read full review	Verifone Easiest to get approved. No unnecessary hassles. Simples onboarding process. Minimum costs for extras or most of the needed things come in base prices. Available in Pakistan. Incentivized AU Arslan Ulhaq CEO (Chief Executive Officer) Read full review
Cons	PayPal Take out transaction fee. They are not PayPal More understanding with bitcoin Invoicing would be a good feature CharRon E. Smith Owner Read full review	Verifone In the 2Checkout dashboard, searching for transactions is a bit awkward I wish there were more reports available for me in the 2Checkout dashboard VW Vincent Wansink Founder Read full review
Usability	PayPal No answers on this topic	Verifone It is surreal. Everything feels like they don't really want you to use them. I had to beg them to approve my account because of stupid approval questions. Example: give ONE url where payments will come from. (my payments will come from a page inside my webapp which means absolutely nothing to users who don't have a user in my webapp. I also have many URLs where the users can pay from) Then their API is super complicated to use. I couldn't believe how complicated it is. It is not well explained in the documentation and you have to guess until you understand the underlying logic. I wouldn't use it if I Stripe was available in my country. Incentivized Martín Massera Founder Read full review
Alternatives Considered	PayPal PayPal has more work items for businesses. It has invoicing, time tracking, and marketing strategies. I could [use] PayPal to run my business like I do with QuickBooks. Affiliates with other business is crazy. Plus, they also carry debit and credit cards for business and personal purposes. Venmo is the little brother [of PayPal]. CharRon E. Smith Owner Read full review	Verifone I used to sell my software on Avangate and PayPal at the same time. Costs were very similar but I decided to abandon PayPal because it sometimes required human interventions. I also checked DigitalRiver, but it wasn't easy to setup and I never completed all requirements. Incentivized Rodolfo M. Raya Chief Technical Officer Read full review
Return on Investment	PayPal Give customers reassurance Secure money account More marketing strategies CharRon E. Smith Owner Read full review	Verifone Avangate gives a quality service as a payment gateway Their pricing plan is helpful for business growth Avangate provides the trust to the customer to buy products from the store as a leading payment gateway Incentivized Shehan Marasinghe CEO Read full review
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