🆚 Shop Pay vs. Venmo

Compare technologies based on real-world usage data *

📈 Shop Pay is much more popular than Venmo.
🌍 Shop Pay is more popular in all countries.

Shop Pay

Venmo

Type

Payment service

About

Shop Pay is a Shopify-exclusive accelerated checkout and payment method that lets customers save their billing, shipping, and payment information to complete orders quickly on Shopify stores and in the Shop app.

It securely stores and encrypts user details, supports one-tap checkout across web and social channels, offers buy-now-pay-later options with flexible installments, real-time order tracking, optional pickup or local delivery choices, and works with multiple payment methods including cards, Apple Pay, iDEAL, and USDC.

Venmo is a social payments platform owned by PayPal that lets users send, receive, and request money from friends, split bills, pay businesses online, and manage a balance in its mobile app.

It supports peer-to-peer transfers, a social transaction feed, QR code payments, mobile wallet tap-to-pay, and a Mastercard-branded Venmo Debit Card with cash-back rewards.

Headquarters

Ottawa, Ontario, Canada

San Jose, California, United States

Website

shop.app/shop-pay #1,116

venmo.com #7,207

Pricing

Free version ✔️Via Shopify Payments

Shop Pay Installments5.9% + $0.30/transaction

Sending moneyFrom Venmo, debit cards, bank accountsFree ✔️
From credit cards3%

Receiving moneyPersonal profilesFrom VenmoFree ✔️
For goods and services2.99%
Charity profiles1.9% + $0.10
Business profiles1.9% + $0.10
Tap to Pay2.29% + $0.09

Venmo MastercardIssuance feeFree ✔️
ATM withdrawalsMoneyPass networkFree ✔️
Non-MoneyPass$2.50

Cryptocurrency purchase or sale fee$1.00 - $74.992.2%
$75.00 - $200.002%
$200.01 - $1,0001.8%
>$1,0001.5%