So, in honor of these changes-and Funraise's shiny donation forms, which make accepting and tracking Venmo payments a breeze-we're exploring the Venmo landscape for nonprofits. And it's only in 2022 that parent company PayPal introduced benefits tailored for nonprofit fundraising efforts. It's only in the past few years, however, that it's gained a substantial foothold in the digital wallet market. Venmo has been around since 2009, so it's hardly new. (And we've carefully coded our own emoji messages for brunches, dog sitting, and takeout!) “I'll Venmo you” has entered our common parlance, and most of us have wasted at least a few minutes scrolling through Venmo feeds, interpreting what various emojis mean in terms of reimbursements. Now, Venmo, a mobile payment service app, has joined the conversation-and it's in a class of its own.

This can create a minor headache for nonprofits as fundraising teams juggle various integrations, check for the latest updates, and track the ever-changing fee structures.

There are a lot of payment processors out there these days, and everyone seems to have their favorite.

Download paypal owns venmo