Qitero Qitero

Venmo

Country: United States (US)  |  Payment Rail: e_wallet

DigitalWallet Market Adoption: 70%

Venmo is PayPal's major social digital wallet in the US with over 90M users, enabling mobile e-commerce checkout and automated subscription auto-debit.

🔄 User Payment Flow

  1. Customer selects Venmo at merchant checkout on mobile or desktop
  2. Checkout opens Venmo app or presents Venmo QR code scan
  3. Customer selects payment method (Venmo balance, linked card, or bank account)
  4. Venmo clears funds and returns instant payment confirmation to merchant

⚙️ Characteristics & Settlement

Instant PaymentYES
Supports QRYES
Supports RecurringYES
Supports RefundYES

🛠️ Merchant Integration Steps

  • Merchant API calls acquiring gateway (Braintree / PayPal) for Venmo session
  • PSP issues payment token and Venmo app payload
  • PSP receives Venmo clearing webhook notification and confirms order status