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Venmo to increase fee on instant transfers beginning Aug. 2

Venmo is increasing fees on instant transfers starting Aug. 2. The payment app is boosting its fee from 1% to 1.5%, a rate on par with other payment apps like Cash App.

News 12 Staff

Jun 29, 2021, 2:01 PM

Updated 1,030 days ago

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Venmo is increasing fees on instant transfers starting Aug. 2. The payment app is boosting its fee from 1% to 1.5%, a rate on par with other payment apps like Cash App.


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