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...
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...