Digital payment apps like Venmo have become a staple for person-to-person transactions, and now businesses are joining in. Venmo’s Business Profile feature allows companies – from sole proprietors and clubs to LLCs and corporations – to accept customer payments through Venmo under a dedicated business account. In this comprehensive guide,...
How to Accept Business Payments with Peer-to-Peer Apps
Accepting payments is a critical part of any business, and today there are more options than ever. Peer-to-peer (P2P) payment apps – originally designed for friends splitting dinner bills – are now being used by businesses to collect money from customers. This guide explores how to accept business payments with...
10 Tips for Using Peer Payments Safely in Your Business
Using peer payments safely is essential for any modern business that wants to offer convenient payment options without compromising security or compliance. Peer-to-peer (P2P) payment apps like PayPal, Venmo, Cash App, Zelle, Apple Cash, and others are increasingly popular for quick transactions. They let customers pay businesses or freelancers instantly...
What Are P2P Payments and How Can Businesses Use Them?
Peer-to-peer (P2P) payments are electronic money transfers made directly from one person to another through a third-party application. These services—like Venmo, PayPal, Zelle, and Cash App—allow users to send money with a few taps on a phone or clicks on a computer, offering a convenient alternative to cash, checks, or...
Are P2P Payment Apps Safe for Business Transactions?
Imagine a customer at your small business counter asking, “Do you accept Venmo or Cash App?” In the U.S. today, that scenario is increasingly common. Peer-to-peer (P2P) payment apps like Venmo, Zelle, Cash App, and PayPal have exploded in popularity for personal use – and many business owners are tempted...