Other Ways to Accept Payment?

[Lil_Diddle]

I’ve always been old-fashioned and accepted checks and cash. However, I’m finding a need to accept cards. I currently have a parent that doesn’t have the money in her account right now and wants to use a cc. I suggested PayPal, which I’ve never used for payments. She mentioned venmo. I would love to hear suggestions on what you use, and I want something that gives me instant access to transfer to my bank account and something that does not charge me fees

[Msdunny]

Venmo charges a small fee, but may be worth it if it helps. It isn't much. I also accept ApplyPay payments, and my parents that use it love it. Applepay also doesn't charge a fee.

[Flowerchild]

We do an app that's called cash pay or something like that

[Leigh]

I have accepted Venmo. I only paid a fee if I chose an instant transfer. If I did a regular transfer, my money would show up the next day, rather than same day. Either way, the fee was nominal, and I got paid. I prefer Venmo over cash or check, personally, because it is another way to keep a record, and I can transfer with one click, rather than praying that my mobile deposit photos are good enough. Last time I did mobile deposit, it was rejected because they said the parent didn't write my name legibly (you could tell that it was my name).

[Blackcat31]

I use Zelle

It’s instant and has no fees

I’ve had zero issues using it

[jenboo]

I love venmo. No fees if you link your bank account vs debit card.

I tried zelle once but couldn't figure it out ::

[sharlan]

I use Zelle.

[storybookending]

I switched all families to Venmo (one family doesn’t have smart phones) this past Fall and it has been great. All of my parents love it. There is no fee if you do the standard transfer.

[Lil_Diddle]

Thank you for the input. So far I’m seeing a few drawbacks to Venmo and PayPal. I’ll check into Zelle

[CityGarden]

Thank you for the input. So far I’m seeing a few drawbacks to Venmo and PayPal. I’ll check into Zelle

I have switched all my families except one to Zelle and I love it because I get the funds instantly and I don't need to be concerned with holidays or weekend payments.

Downsides to Zelle some credit unions / smaller banks do not participate (my understanding is this is not an issue with Venmo) and I do not believe you can charge credit cards ---- just debit card or bank transfers.

I was in a financial position years ago when I needed to pay my dd's tutor via credit card and asked in Paypal was okay - she said yes as long as I took on all fees. I felt it was gracious of her and she did not feel obligated to change for all families..... just sharing so you can take from it whatever is helpful.

[Scout]

Zelle is great. Funds immediately available. My families just use my phone number to send it.

[Meeko]

Love, love, love Venmo. One dad paid me while sitting on the beach in Bali while gone for a month.....no fees, I get instant notification that a parents has paid and I have always got my money the next day.

[Lil_Diddle]

Curious, those that use Venmo, do you have it set up as a business account or just a personal account accepting money “between friends”

[storybookending]

Curious, those that use Venmo, do you have it set up as a business account or just a personal account accepting money “between friends”

I just have it as a personal account

[Blackcat31]

A friend used Venmo to have her parents pay her.

One of them got upset about something and flagged her Venmo account and Venmo reviewed her account.
Recognized she was accepting money for services and closed her account.

She said she was out some money (I don't know the details) and Venmo said she couldn't get refunded as she signed the user agreement when signing up stating she was not collecting funds for the sale of goods or services.

I went online to read reviews of Venmo after hearing that and read enough negative reviews to scare me off.

I signed on with Zelle instead.

I do not know of anyone else that has had issues with Venmo but I didn't want to risk it either way.