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How does Venmo make money?

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How does Venmo make money?

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We don’t currently make money on friend-to-friend payments. In addition to friend-to-friend payments, Venmo is working with a number of businesses (cafes, taco trucks, etc.) who accept Venmo as payment. We charge these businesses a small percentage of the payment. If you have a business and are interested in joining Venmo, learn more about the trial program!

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