Zelle, Venmo, & More: A Small Business Guide to Secure P2P Payments
The convenience of P2P platforms (Zelle, Venmo, Cash App, PayPal) is attracting small businesses for both formal and informal client invoice payments and contractor reimbursements, offering swift and affordable transactions. However, for larger invoices, businesses often prioritize the superior fraud protection and audit trails offered by ACH and credit card payments. The Mechanics of P2P…