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Venmo for Business vs Balance vs CardConnect Comparison

Last updated:

Venmo for Business

4.6(8,825 reviews)

Starting at Contact for pricing

  • Large Enterprises
  • Medium Business

Venmo for Business is a powerful next-generation solution that provides merchants with the ability to process credit and debit cards, as well assist with customer service, sales, marketing, and informational data. Based…

Balance

4.5(20,705 reviews)

Starting at Contact for pricing

  • Large Enterprises
  • Medium Business

Balance is the only payment processing software you need. Designed for merchants who value simplicity and flexibility, Balance is easy to use, has self-service features, and is packed with features that drive increased r…

CardConnect

1.8(66 reviews)

Starting at Contact for pricing

  • Individuals
  • Large Enterprises

CardConnect is a cloud based payment processing system that has been designed for business of all sizes and in any industry. CardConnect can be used to accept payments, manage inventory, fulfill orders, produce reports a…

Venmo for Business leads on user satisfaction with a 4.6-star rating across 8,825 reviews.

Venmo for Business vs Balance vs CardConnect — at a glance

FeatureVenmo for BusinessBalanceCardConnect
Rating4.6 / 54.5 / 51.8 / 5
Reviews8,82520,70566
Starting priceContact for pricingContact for pricingContact for pricing
Free trial No No No
Free version No No No
Best forLarge Enterprises, Medium Business, Small BusinessLarge Enterprises, Medium Business, Small BusinessIndividuals, Large Enterprises, Medium Business
CategoryPayment Processing SoftwarePayment Processing SoftwarePayment Processing Software
PlatformsSaaS/Web/Cloud, Mobile - Android, Mobile - iOSSaaS/Web/CloudSaaS/Web/Cloud, Mobile - Android, Mobile - iOS
APIAvailableAvailableAvailable
Support modes24/7 (Live rep), Business Hours, OnlineOnline24/7 (Live rep), Business Hours, Online
CertificationsSOC 2, GDPRSOC 2, GDPRSOC 2
Data residencyGlobalGlobalUS

Key differences between Venmo for Business and Balance

  • User satisfaction: Venmo for Business scores higher with a 4.6-star average.
  • Deployment: Venmo for Business supports SaaS/Web/Cloud, Mobile - Android, Mobile - iOS; Balance supports SaaS/Web/Cloud.

Compare Venmo for Business vs Balance vs CardConnect — and walk away knowing which one fits.

01

Which tool fits your team best

02

Which is actually cheaper for your team size

03

Where each product wins, per real buyers

Most Payment Processing Software tools look identical on paper. This comparison cuts to the differences that matter — pricing structure, team fit, and what real buyers found after signing up.

Venmo for Business - Payment Processing Software
Talk to an expert
Talk to an expert
Balance - Payment Processing Software
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Talk to an expert
CardConnect - Payment Processing Software
Talk to an expert
Talk to an expert

Biggest differences

Start here before you go deeper into features.

Venmo for Business

Best for scalable payment processing integrated with sales and marketing tools.

Choose if
  • You are a small to medium retail or e-commerce business needing flexible payment solutions.
  • Your team requires combined support for payments, customer service, and marketing workflows.
  • You have technical resources to leverage extensive APIs for custom integrations.
Consider alternatives if
  • You need transparent, fixed pricing upfront without negotiation.
  • You prefer out-of-the-box templates and simpler setup for very small businesses.

Balance

Best for

Large Enterprises, Medium Business, Small Business

CardConnect

Best for

Individuals, Large Enterprises, Medium Business

Venmo for Business typically suits Large Enterprises and Medium Business. Balance tends to fit Large Enterprises and Medium Business better. The right choice depends on your team size, workflow, and whether a free trial matters.

Description

Venmo for Business is a powerful next-generation solution that provides merchants with the ability to process credit and debit cards, as well assist with customer service, sales, marketing, ... Read More about Venmo for Business

Balance is the only payment processing software you need. Designed for merchants who value simplicity and flexibility, Balance is easy to use, has self-service features, and is packed with ... Read More about Balance

CardConnect is a cloud based payment processing system that has been designed for business of all sizes and in any industry. CardConnect can be used to accept payments, manage inventory, ... Read More about CardConnect

Free Trial Availability

  • No free trial
  • No free trial
  • No free trial

User Ratings

Based on verified Spotsaas reviews

1.8

(66)

Best Company Size

Small BusinessMedium Business
Small BusinessMedium Business
Get pricing help
Get pricing help
Get pricing help

Software Demo

Demo

No software demo available

Venmo for Business has not given any software demo yet

If you're the owner of this profile, add your demo.Contact us

Need a second opinion?

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Compare Venmo for Business, Balance and CardConnect on pricing

Review starting price, plan structure, and free-trial access side by side so you can see which option fits your budget and buying process.

Pricing Option

        Pricing Plans

        • Not Available
        • Not Available
        • Not Available

        Other Details

        Organization Types supported

        • Individuals
        • Freelancers
        • Large Enterprises
        • Medium Business
        • Small Business
        • Individuals
        • Freelancers
        • Large Enterprises
        • Medium Business
        • Small Business
        • Individuals
        • Freelancers
        • Large Enterprises
        • Medium Business
        • Small Business

        Platforms Supported

        • Browser Based (Cloud)
        • Mobile - Android
        • Mobile - iOS
        • Installed - Windows
        • Installed - Mac
        • Browser Based (Cloud)
        • Browser Based (Cloud)
        • Mobile - Android
        • Mobile - iOS
        • Installed - Windows
        • Installed - Mac
        • Browser Based (Cloud)
        • Browser Based (Cloud)
        • Mobile - Android
        • Mobile - iOS
        • Installed - Windows
        • Installed - Mac
        • Browser Based (Cloud)

        Modes of support

        • 24/7 (Live rep)
        • Business Hours
        • Online
        • 24/7 (Live rep)
        • Business Hours
        • Online
        • 24/7 (Live rep)
        • Business Hours
        • Online

        API Support

        • Available
        • Available
        • Available
        Get help choosing
        Get help choosing
        Get help choosing

        Security & Compliance

        Certifications, data handling, and security controls for IT and compliance evaluators.

        SOC 2

        ✓ Yes
        ✓ Yes
        ✓ Yes

        HIPAA

        ✗ No
        ✗ No
        ✗ No

        GDPR

        ✓ Yes
        ✓ Yes

        Single Sign-On (SSO)

        ✓ Yes

        Multi-Factor Auth (MFA)

        ✓ Yes
        ✓ Yes

        Data Encryption

        ✓ Yes
        ✓ Yes

        Audit Logs

        ✓ Yes
        ✓ Yes

        Data Residency

        🌐 Global
        🌐 Global
        🇺🇸 US

        Venmo for Business vs Balance User Reviews & Rating Comparison

        User Ratings

        Rating Distribution

        156

        44

        4

        0

        4

        1

        0

        0

        0

        0

        3

        8

        2

        1

        15

        Spotsaas Editor’s POV generated by AI

        Buyer sentiment

        Overall positive sentiment with high ratings reflecting satisfaction with platform robustness and multifunctionality.

        What buyers like

        • Platform scalability
        • API integration capabilities
        • Multi-functional business support

        Common complaints

        • Lack of transparent pricing
        • Complexity for smaller teams

        Buyer sentiment

        Users generally appreciate Balance for its ease of use and flexibility, though some express concerns about pricing transparency and customization limits.

        What buyers like

        • Ease of use
        • Flexibility
        • Revenue-driving features

        Common complaints

        • Pricing opacity
        • Limited customization

        Buyer sentiment

        Buyer sentiment is cautious across 29 reviews, with several recurring concerns in feedback.

        What buyers like

        • Comprehensive feature set
        • Cloud-based solution
        • User-friendly interface

        Common complaints

        • Limited customer support options
        • Can be complex for small businesses
        • Integration challenges with some platforms

        Pros and Cons

        • Robust platform with scalable SaaS architecture

        • Extensive API library simplifying integration

        • Multi-functional capabilities including payments, sales, marketing, and customer service

        • Pricing is quotation-based and not publicly disclosed

        • Limited publicly available detailed use case examples

        • User-friendly interface with self-service features

        • Flexibility in payment processing options

        • Features that help increase revenue and manage costs

        • Pricing is quotation-based and not publicly available

        • Limited information on advanced customization capabilities

        • Feature-rich platform that supports various business needs.

        • Affordable pricing makes it accessible for small businesses.

        • Cloud-based system allows for easy access and management.

        • May require training for full utilization of features.

        • Integration with existing systems can be challenging.

        Positive Reviews

        No reviews available for the product

        No reviews available for the product

        No reviews available for the product

        Negative Reviews

        No reviews available for the product

        No reviews available for the product

        No reviews available for the product

        List of Customers

        Customers

        Poshmark

        Poshmark

        Abercrombie

        Abercrombie

        delivery.com

        delivery.com

        No Customers information available.

        No Customers information available.

        Media and Screenshots

        Screenshots

        No screenshots available.

        No screenshots available.

        CCG Postman

        2 Screenshots

        Videos

        No videos available.

        video-0

        1 Videos

        video-0

        1 Videos

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        Disclaimer: This research has been collated from a variety of authoritative sources. We welcome your feedback at [email protected].

        Frequently asked questions

        Which is better, Venmo for Business or Balance?
        Venmo for Business edges out the other on user ratings (4.6 vs 4.5). That said, the best pick depends on your use case — use the comparison tables above to evaluate each dimension.
        Do Venmo for Business and Balance offer a free trial?
        Neither Venmo for Business nor Balance currently lists a free trial.
        What is the starting price of Venmo for Business vs Balance?
        Venmo for Business starts at Contact for pricing. Balance starts at Contact for pricing.
        What are the top alternatives to Venmo for Business?
        Top alternatives to Venmo for Business include WePay, Square Payments, PayPal Here, Braintree Direct, Payfirma.
        What are the top alternatives to Balance?
        Top alternatives to Balance include BluePay, WePay, Square Payments, Braintree Direct, Paymentwall.

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