What is the difference between the transaction charges between Venmo and PayPal?   

Edward Brown
@[email protected] · Posted 08 Jan. 2021

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@Business.Upside · Posted 11 Jan. 2021

There is no extra charge if one uses their debit card for payment. But, if someone purchases something through credit card, it applies a 3 percent extra charge per transaction. Unlike Venmo, PayPal provides no free transaction on debit cards. It has the same rules for debit and credit card. PayPal applies 2.9 percent along with 0.30 per transaction.

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