Venmo fees on $20
Venmo fees
$0.48
You receive
$19.52
To receive $20, charge
$20.49
On a $20 payment, Venmo charges business seller fee of $0.38, fixed fee of $0.10 for a total of $0.48, an effective rate of 2.4%. Change the options below to see other scenarios.
$
$
You receive
$19.52
Total fees $0.48Effective rate 2.4%
Fee breakdown
- Business seller fee−$0.38
- Fixed fee−$0.10
Frequently asked questions
How much does Venmo take from $20?
Venmo takes $0.48 from a $20 payment with default settings in the US, leaving you $19.52.
How much should I charge to receive $20 after Venmo fees?
Charge $20.49. Venmo's seller fees on that amount are $0.49, so you receive $20.
What percentage does Venmo take from $20?
2.4%. Because some fees are fixed per transaction, the percentage is higher on small amounts and lower on large ones.
Venmo fees on other amounts
Other platforms' fees on $20
Good to know
- Personal payments between friends from a Venmo balance, bank or debit card are free.
- Sending money with a credit card costs the sender 3%.
Rates checked against the official pricing page on September 26, 2026. Fees change often, so confirm on the official page before relying on them.
Sources: Venmo business profiles