Quarterly Venmo penetration, online or offline, in the U.S. 2018-2023
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 April 2022 and March 2023 - with three out of 10 respondents saying they used Venmo during this same time for online payments.
Venmo adoption for online payments in the United States was higher in 2023 than it was in early 2020, signaling a growing use among consumers. This is according to two different questions asked throughout multiple surveys from