3 ms·
Housekeepers and babysitters like to be paid in cash. Sometimes it's more than we have on hand, so we write a check. I've pleaded with my housekeeper to accept
by scurvy 7y ago
Housekeepers and babysitters like to be paid in cash. Sometimes it's more than we have on hand, so we write a check.
I've pleaded with my housekeeper to accept CashApp or Venmo, but he refuses. He wants a check. He's, perhaps rightfully, distrusting of new payment tech.
Babysitters are 50/50 on Venmo.
- Gunax 7y agoIsn't venmo just ACH underneath?
- scurvy 7y agoOnly when you take it out of their ecosystem. Otherwise you can send the balance to other Venmo users. There's also a debit card linked to the balance, like Square's Cash App and card. So you can spend the balance that way, too (assuming the merchant takes cards).
- astura 7y agoI was always under the impression that it was against the TOS to use Venmo for business transactions. Looks like I was right unless there's some sort of separate business account https://help.venmo.com/hc/en-us/articles/217532097-Can-I-use-Venmo-to-buy-or-sell-merchandise-goods-or-services- https://help.venmo.com/hc/en-us/articles/217532097-Can-I-use... >Venmo may NOT otherwise be used to receive business, commercial or merchant transactions, meaning you CANNOT use Venmo to accept payment from (or send payment to) another user for a good or service.
- scurvy 7y agoThen about 99% of the transactions on their platform are in violation of their own ToS. If someone pays for a joint meal, then you venmo your half, you're paying for a good or service. I'm guessing they have that in there to try and get around some KYC or due diligence requirements? Or is this another Paypal-style tactic so they can shutdown people's accounts for ToS violations and confiscate their monies? Yes, that's probably it.