Venmo adoption for online payments in the United States was higher in 2024 than it was in early 2020, signaling a growing use among consumers. This is according to two different questions asked throughout multiple surveys from Statista's Consumer Insights. The numbers shown here refer to the share of respondents who indicated they used Venmo in the last 12 months, either for POS transactions with a mobile device in stores and restaurants or for online shopping. None of the respondents from the United States indicated they had used Venmo in a POS setting between July 3, 2023, to June 17, 2024 - with three out of 10 respondents saying they used Venmo during this same time for online payments.
Venmo usage either for online payments or at POS in the United States from 2018 to 2nd quarter of 2024
Characteristic
Stores, restaurants or other POS
Online
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Internet users; respondents who used online payment methods or mobile payment methods in the past 12 months
Method of interview
Online survey
Supplementary notes
The questions were phrased by the source as follows: "Which online payment services have you used in the past 12 months? (multi-pick)" and "Which of these services have you used in the past 12 months to pay in stores, restaurants or other points of sale with your smartphone? (multi-pick)".
Some countries in Statista's Global Consumer Survey are part of an extended questionnaire. More information on the methodology can be found here.
For countries/territories receiving the extended questionnaire the Global Consumer Survey utilizes a rolling survey system with four survey waves
per year: The most recent data set contains the interviews of the last 12
months. This ensures trend stability and a higher number of interviews
available for analysis, allowing you to adequately analyze smaller target
groups, media and brands.
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Statista. (July 27, 2024). Venmo usage either for online payments or at POS in the United States from 2018 to 2nd quarter of 2024 [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1389547/venmo-adoption-in-usa/
Statista. "Venmo usage either for online payments or at POS in the United States from 2018 to 2nd quarter of 2024." Chart. July 27, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1389547/venmo-adoption-in-usa/
Statista. (2024). Venmo usage either for online payments or at POS in the United States from 2018 to 2nd quarter of 2024. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1389547/venmo-adoption-in-usa/
Statista. "Venmo Usage Either for Online Payments or at Pos in The United States from 2018 to 2nd Quarter of 2024." Statista, Statista Inc., 27 Jul 2024, https://www.statista.com/statistics/1389547/venmo-adoption-in-usa/
Statista, Venmo usage either for online payments or at POS in the United States from 2018 to 2nd quarter of 2024 Statista, https://www.statista.com/statistics/1389547/venmo-adoption-in-usa/ (last visited August 24, 2024)
Venmo usage either for online payments or at POS in the United States from 2018 to 2nd quarter of 2024 [Graph], Statista, July 27, 2024. [Online]. Available: https://www.statista.com/statistics/1389547/venmo-adoption-in-usa/