Venmo - BETA
This payment method is currently available in beta testing program. Please reach out to your Airwallex account manager or [email protected] if you'd like to join the beta.
Gain access to US shoppers through Venmo
Venmo launched as a social app and has evolved into one of the US's most popular e-commerce payment methods. Nearly 90 million consumers use Venmo, and more than two million merchants accept it.
Functionalities and value-added features supported
| Features | Venmo |
|---|---|
| Payment type | E-Wallet |
| Available for businesses registered in | US |
| Activation time for onboarding | Instant - 7 days |
| Shopper regions (typically used by payers from) | US |
| Processing currencies | USD |
| Settlement currencies | USD, or in your default settlement currency if your account does not support USD settlement. |
| Settlement schedule | T+1 business days |
| Minimum transaction amount | 0.01 USD |
| Maximum transaction amount | 999999999999999.99 USD |
| Checkout session timeout | 6 hours |
| Recurring payments | ⛔ |
| Refunds | ✅ within 180 days |
| Partial refunds | ✅ within 180 days |
| Disputes (chargebacks) | ✅ within 180 days |
| Placing a hold (delayed/manual capture) | ⛔ |
| Descriptor (what the payer will see in their transaction history) | Your registered business name |
| Payments for Platforms support | ✅ |
Choose the integration method that best suits your needs
Airwallex has built a range of client-side integration methods that allow you to manage your UI, minimize your implementation effort, and allow you to get to market quickly.
| Online payments via your own website/app | Online payments via ecommerce plugins | Payment links & Invoice Integrations |
|---|---|---|
| ✅ Hosted Payment Page ✅ Drop-in Element ⛔ Embedded Elements ⛔ Mobile SDK ⛔ Native API ⛔ Subscription APIs | ✅ Shopify ✅ WooCommerce ✅ Shopline ⛔ ShopLazza ⛔ Magento | ✅ Payment Links ⛔ Xero Invoice |
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