The market share of Venmo in the United States was significantly higher than most other countries in the world. This according to estimates based on website tracking and the technologies used within them, focusing solely on Payment Acceptance and Payment Processing. Note that the percentages, especially, are estimates due to categorization. Nevertheless, it provides an insight in the high use of Venmo in the United States but also the importance of the mobile payment brand in, for example, Latin America. According to estimates, nearly four percent of merchants in Venezuela with at least one Payment Acceptance or Payment Processor technology up until February 2024 had Venmo on their website.
