Venmo keeps $19.10 of a $1,000 business payment.

At common amounts

Fee and effective rate.

What costs less on a $1,000 payment

1. Melio, bank transfer request: $0.00 instead of $19.10, so you keep $19.10 more per $1,000 payment, $916.80 a year at 4 a month.
2. Zelle for business (through your bank): $0.00 instead of $19.10, so you keep $19.10 more per $1,000 payment, $916.80 a year at 4 a month.
3. Wise Business, USD account ($31 once): $0.00 instead of $19.10, so you keep $19.10 more per $1,000 payment, $916.80 a year at 4 a month.
4. Payoneer receiving account, then withdraw: $1.50 instead of $19.10, so you keep $17.60 more per $1,000 payment, $844.80 a year at 4 a month.

Ranked by fee only. Each route is set up in your own account; PaidRouter never holds your money.

Sources