The friendliest way to do business

A business profile is a way to accept payments for your business on Venmo. It’s linked to your existing Venmo account so you don’t need to open a second account, but is a completely different profile—so you can keep business and personal transactions separate.

No, your business profile is attached to your original Venmo account, so there’s no need to open a new account. In fact, you’ll be able to easily switch to and from your new business profile with a few simple taps.

Follow these easy steps:

(1) Go to your Venmo app and tap on your profile picture in the top left corner

(2) A window will drop down showing both your original Venmo account and business profile

(3) Tap on the preferred icon to access

There are no fees to create a business profile, and no monthly fee. Plus, when you first sign up for a business profile, there is a 30-day period without seller transaction fees*. After the 30-days, Venmo will begin to charge the business profile for each payment they receive at a rate of 1.9% + $0.10 of the payment. That means that if the business profile is sent a $100 payment, $2 of the payment would be charged as a seller transaction fee and the owner of the profile would receive $98. Make sure you’re familiar with the standard Venmo fees that will apply to you and your customers here: https://venmo.com/resources/our-fees/. Venmo users who make a payment to a business profile using a credit card will be exempt from the standard 3% Venmo fee on payments funded by credit cards.

*Cancel anytime. Fees subject to change.  Other fees may apply.

We’ve built business profiles for individual sellers, sole proprietors, and registered businesses. People with side gigs, small businesses, and everything in between have signed up for a business profile: artists, photographers, professional services, health and beauty shops, and much more. We’re making business profiles available for all sellers who have an existing Venmo account. To create a profile: (1) Go to the Venmo app’s main menu (☰)

(2) Tap on the “Business Profile” option

(3) Follow the steps from there to apply for and sign up for your profile

(4) For more tips, review the content on this webpage or go to: https://help.venmo.com/hc/en-us/articles/360043677373-Business-Profiles-FAQ

Your business profile comes with its own unique QR code for your business to enable safe, fast, and touch-free payments. When a customer scans your QR code, they’ll be taken directly to your profile to complete a payment. Customers can scan your code via your app, if you print out your QR code, or at your point of sale with a QR kit. The QR kit comes with your QR code on lanyards, stickers, and/or a tabletop display to meet your every business need. You can order a professional looking QR kit at: https://us.venmo-qrc.com/

No; right now, you can only view and access your business profile from your mobile device. We encourage you to use your business profile on your phone—that way you can access it on the go.

For security reasons, only the individual who creates the business profile connected to their existing Venmo account can log in and access the profile.

You can update your business profile in a few easy steps: (1) access your business profile (2) go to the Venmo app’s main menu on the right (☰) (3) tap “Settings” (4) tap “Edit Business Profile” to edit your photos, business username, and more.

Currently a business profile cannot be used as a non-profit. We hope that we can offer this feature in the near future.

We follow Venmo’s P2P limits outlined here: https://help.venmo.com/hc/en-us/articles/221010968-Payment-Limits.