Venmo announced that they will start charging businesses and sellers who use their platform 1.90% + 10 cents per transaction starting in August. This is not surprising as PayPal stated that they were raising their rates, and PayPal is the parent company of Venmo. There are additional fees if the business/seller wants to receive their funds faster, and there are not the same kind of protections for both parties as with a credit card transaction. This is another example of the payment landscape rapidly changing.