When people send money to your personal profile and tell Venmo they're paying for a good or service, Venmo Purchase Protection may be available. You'll see a notification, and pay a small seller's transaction fee of 1.9% + $0.10.
Venmo Purchase Protection can help prevent losses due to fraud, saving you valuable time and money. Plus, it helps the people who buy from you feel more comfortable about the transaction.
Create a Venmo business profile, and graduate from porch pick-ups to an official point of sale. You’ll get Purchase Protection as an included benefit on eligible transactions, which can help prevent fraud claims from hurting your bottom line. Plus, added features like getting a spotlight in the Venmo feed can attract new customers, so you can grow your business.