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What is Venmo?

Make use of your Venmo account to send money to friends and family by utilizing your existing balance or by swiftly linking a bank account or debit card. You also have the ability to send money and shop at various partnered stores. Treasure the special moments with those you care about; whether it's sharing the cost for a meal, giving a thoughtful birthday gift, or simply checking in, you can easily transfer funds from Venmo to your bank account whenever necessary. To ensure your account's security, we implement encryption methods to protect your information and actively monitor for any suspicious activities. Payments to friends and family can be made using their phone number or email address, and individuals who do not yet have a Venmo account can easily create one to receive funds. You can effortlessly locate and connect with friends by synchronizing your Facebook or phone contacts. When sending money using your Venmo balance, linked bank account, debit card, or prepaid card, there are no associated fees; however, transactions made with a credit card incur a typical fee of 3%. Furthermore, receiving funds and making purchases via other integrated applications is always free, highlighting Venmo's convenience for managing your financial transactions. Overall, Venmo provides a seamless way to handle money transfer needs while ensuring the safety and ease of use for all involved.

What is BHIM?

The Bharat Interface for Money (BHIM) is a payment application developed by the National Payments Corporation of India (NPCI) designed to facilitate quick, easy, and efficient transactions through the Unified Payments Interface (UPI). This app allows users to transfer money directly between bank accounts within the UPI framework by entering a UPI ID or by scanning a QR code. Additionally, users can request payments using UPI IDs, which adds to the app's versatility. Key functionalities include the ability to send and receive money, scan QR codes for payments, view transaction histories, manage user profiles, and link multiple bank accounts. BHIM is accessible around the clock, providing a secure platform for managing financial transactions. It also features UPI AUTOPAY for automating regular payments and can perform transactions without an internet connection, significantly boosting user convenience. This application marks a significant step forward in India's digital payment ecosystem, fostering greater financial inclusion for a diverse population and enabling users to engage in a cashless economy with ease.

Media

Media

Integrations Supported

ArbiterSports
Auction.io
Bitcoin
Bonterra DonorDrive
Braintree
CARDZ3N
Equipment Tracker Pro
GearDex
Givebutter
InForge
North One
Protonn
Roster
Schedly
SynkBooks
Taiki
Tendy
Venmo Credit Card
Virtuous

Integrations Supported

Unified Payments Interface (UPI)

API Availability

Has API

API Availability

Pricing Information

Free
Standard service is free. 1% fee amount deducted in instant transfer.
Free Version

Pricing Information

Free
Free Version

Supported Platforms

Android
iPhone
iPad

Supported Platforms

SaaS
Android
iPhone

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub
On-Site Training

Company Facts

Organization Name

PayPal

Date Founded

1998

Company Location

United States

Company Website

venmo.com

Company Facts

Organization Name

BHIM

Company Location

India

Company Website

www.bhimupi.org.in/

Categories and Features

Digital Wallets

Not specified

Mobile Payment

ACH Support
Contactless / NFC
Credit Card Support
Debit Card Support
P2P Payments
eCommerce Payments

Payment Processing

ACH Check Transactions
Debit Card Support
Mobile Payments
Online Payments
Receipt Printing

Categories and Features

Mobile Payment

Not specified

Popular Alternatives

Popular Alternatives

Unified Payments Interface (UPI) Reviews & Ratings

Unified Payments Interface (UPI)

National Payments Corporation of India (NPCI)