|Re: Online platform and electronic payments||<– Date –> <– Thread –>|
|From: Mariana Almeida (missmgrrlyahoo.com)|
|Date: Mon, 30 Apr 2018 13:58:56 -0700 (PDT)|
My colleague worked on Zelle, which is built in service that many banks have started to offer. In fact, if you have an account with a major bank you probably already have it. It's free. Cash Faces a New Challenger in Zelle, a Mobile Banking Service | | | | | | | | | | | Cash Faces a New Challenger in Zelle, a Mobile Banking Service Stacy Cowley Taking on rivals like Venmo and Apple Pay, more than 30 major banks have created a network that allows users to ... | | | Mariana On Thursday, April 26, 2018, 2:58:34 AM PDT, Crystal Farmer <crystalbyrdfarmer [at] gmail.com> wrote: Hi Jim, I would not recommend using a personal PayPal account to collect payments. They charge a fee for transferring money and withdrawing it to a bank account. If people are making small payments it will eat away at your budget. There are apps like Cash and Venmo that are electronic but will take fees out too. I think if you want an electronic system you need a Paypal business account, which you can get if you have an EIN for the cohousing group. Less fees and the money transfers faster. The other option is to check with your bank. Most of the big ones have a money transfer system that may be included with your business checking account. Crystal Farmer Charlotte Cohousing _________________________________________________________________ Cohousing-L mailing list -- Unsubscribe, archives and other info at: http://l.cohousing.org/info
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