venmo vs zelle

Zelle vs Venmo – Speed, Security & Fee

In the world of digital payments, Zelle and venmo offer convenient and smooth ways to send and receive money. Both apps meet the modern need for seamless and quick transactions. What makes both apps similar is they only available in the U.S. However, some features of these apps set them apart. 

In this blog, Let’s talk about all the differences between Zelle vs Venmo in detail and also discuss which one is best for your small business along with their fees. 

Overview and Background: Zelle vs Venmo

Have a look at the brief overview and background of both apps. 


Venmo is a peer-to-peer mobile payment app which is founded in 2009 and later in 2013 owned by PayPal. This app is known because of its smooth and secure transaction and user-friendly interface. This app is only used in the U.S. and allows its user to link their credit card or bank account to share the payments with their friends or family. 


Zelle is a digital payment app which is founded in 2017. This app is developed and owned by “Early Warning Services” and works with 7 major U.S. banks. Like Venmo, Zelle is only available in the U.S. Moreover, Zelle plays an important role in the P2P payments space and provides users with a convenient way to send and receive money. 

Venmo FeaturesZelle
2009 Launched1998
Easy to Understand InterfaceEasy to Understand
App Store Google Play StoreAvailabilityApp Store Google Play Store
App Store: 453.5 MBGoogle Play Store: 82 MBDownload SizeApp Store: 80 MBGoogle Play Store: 76 MB
Within 1-3 business daysTransaction SpeedQuick Transaction
Two-Factor AuthenticationAuthentication and SecurityUse authentication and security features to secure payment.
For Instant require a 1.75% FeeWithin 1-3 business days require no fee.Payments or Fee StructureDoes not require any fee
NoReverse Payment No
Only in the U.S.Offer Services Only in the U.S.

User Interface

Here I am going to discuss the user interface of these 2 apps and tell you about the difference. 


The interface of the venmo app is too simple and easy to understand. Venmo also allows its users to control the visibility of their transaction activity. Venmo app allows its users to share the payment with their friends and family. On the home screen, you can see the 3 options that help you to navigate all about your transactions. 


Zelle app holds a user interface that is designed with a seamless and simple integration. This easy-to-understand user-friendly interface allows individuals to do transactions easily. Zelle app interface shows all the transactions history section that facilitates users to know all about their transactions. 

Transactions Speed

Now, let’s discuss the transaction speed of Zelle vs Venmo. 


The transaction speed of venmo is a little bit slow as compared to Zelle. When you want to send transactions via venmo, for instance, you have to pay a 1.75% fee and for 1-3 business days transactions there is no fee. Moreover, transferring funds from the app to a linked bank account might take some additional steps that make the process slightly longer. 


Zelle does transactions within minutes and knows because of its speedy transaction processing. When a person uses a Zelle app to transfer the amount, this platform takes advantage of the participating bank infrastructure for direct transfer between accounts. This app is one of the most efficient and quick peer-to-peer transfer payment apps without delays. 

Authentication and Security

For the app privacy, authentication, and security are the most things. Let’s discuss both the app’s authentication and security. 


For authentication and security purposes, venmo is considered one of the safest and most secure mobile payment apps both because it uses Two-Factor Authentication. And to get access to your account, you have to add a PIN. This will place a strong impression on protecting users’ financial information. 


The Zelle app also uses authentication and security features that make this app secure and safe. This platform employs the latest and advanced encryption protocols ensuring that the transactions are safe and secure. 

Payments or Fee Structure

Below, we are going to discuss the payments or fee structure of Zelle vs Venmo. 


Venmo requires an account balance transfer or bank transfer fees on Instant Transfer and Standart Transfer which is about 1.75%. Moreover, there is no fee for 1-3 business days transaction. Venmo holds funds in your account and helps you maintain all the transactions efficiently. However, the debit card of the venmo app is also available.

Payment TypeRate
Payment sent to your business account1.9% + $0.10 on every seller transaction
For Contactless Paymnet 2.29% + $0.10 on every seller transaction


If I talk about Zelle, you can transfer your account balance or bank amount without any fees because it transfers the amount free of cost. This app does not hold any type of funds in your account. On the other hand, there is no debit card is available for it and the card transaction fee is also not available. 

Which one is more secure: Zelle vs Venmo?

During my observation, I saw a lot of opinions from different people. Some said that Zelle is more secure than venmo. On the other hand, some talk about how venmo is more secure because you have to first enter a PIN code to open your account. That’s why venmo is considered to be more secure because it also monitors transactions to monitor fraud and also offers more features than Zelle. 

Which one is better for small businesses Venmo or Zelle?

In that case, Zelle is considered better for small businesses, because it is free, fast, and most convenient to transfer money. On the other hand, venmo needs some additional fees to transfer the instant amount and credit card payment. That’s why people think that Zelle is best for small businesses. 

Wind Up

Lastly, I will recommend that choosing the right app depends on your preferences and needs. Whether you have an option for the efficiency of Zelle or venmo, both apps contribute to the growing development of digital financial convenience. Read the above blog to know all about Zelle vs Venmo and make a better decision for yourself. 


Q. Which is safer to use Zelle or Venmo?

Both apps seem to appear more secure and safe. However, some think that venmo is more secure because it offers a PIN Code to get access to the app. Moreover, both of them use data encryption that helps to protect the unauthorized transactions. 

Q. What is the downside of using Zelle?

The downside of Zelle might include some of the issues regarding 
Limited Chargeback Protection
Fraud Risks
Banking Dependency
Bank Outage Transfer

Q. Will Venmo refund money if scammed?

Once you send money to a Strange person there is no way to get back your money. However, if you send the money accidentally to the person you know, then, you have to request them to send back your money. 

Q. What are the cons of Venmo?

Below, we are going to discuss some of the cons of venmo:
This app is only available in the U.S.
You can’t use it internationally. 
Transactions are public by default. 

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