Users can personalize their payments with notes and emoji so that “settling up feels like catching up,” according to the company. Venmo is a digital payment platform that allows you to send and receive money quickly and securely. PayPal has over 300 million users and is available in more than 190 countries, supporting 25 currencies Single transaction: Up to $60,000, but may be limited to $10,000 (This amount varies by currency.).No limit for verified accounts in a given time frame.Person-to-person: $60,000 weekly for verified accounts.Combined weekly spending limit of $7,000, for verified accounts, including Venmo debit card and merchant payments.Sending money internationally: 5% with a minimum fee of $0.99 and maximum of $4.99, plus any applicable fees for sending with a debit or credit card.Sending money via debit or credit card: 2.90% plus a fixed fee based on the currency being used.Sending money from a linked bank account or PayPal balance: No fee.There are also a few other fees for some transactions, such as cashing a check or receiving payments to a business profile.Sending money from a linked bank account, debit card or Venmo account balance: No fee.
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