No, Venmo isn’t free for nonprofit organizations, they offer a flat-rate fee of 1.9% plus $0.10 per transaction.
We are biased, but Zeffy’s online donation platform for nonprofits is 100% free and lets your nonprofit issue automated tax-compliant donation receipts, accept recurring donations, and more.
You need a PayPal business account to create a nonprofit or charity profile on Venmo. After creating your business account with PayPal, you can confirm your charity status and gain the ability to create a Venmo charity profile. Venmo charity profiles are available for charitable organizations (and 501c3s).
Venmo nonprofit and charity profiles are available for organizations (and 501c3s) that have confirmed their charity status with Venmo’s parent company, PayPal.