Venmo for Small Business

Key Points:

Who would have thought that Venmo, the app we use to split the bill with our friends, can actually be a handy tool for business transactions? Small businesses can now take advantage of this convenient payment option and make their customers’ lives easier. By creating a business profile on Venmo, businesses can accept payments from customers through the app, giving them a quick and hassle-free experience. However, keep in mind that there is a 1.9% fee for each transaction made with a business profile. In addition, businesses can also use Venmo to streamline their own financial transactions by making payments to suppliers or contractors. Venmo is not just for splitting pizzas anymore!

Original article:https://smallbiztrends.com/2024/01/venmo-for-business.html