![]() ![]() Say, you and your friends go out to eat, and the restaurant doesn’t provide split checks. Let me back up for a moment and explain what Venmo and Cash App traditionally are to those who aren’t familiar: They are both services that provide peer-to-peer electronic money transfers. The original reason I gave this answer was because of the User Agreement and Terms of Service for both Venmo and Cash App – because I’m sure you read through all 25+ pages of both agreements before you checked the box to open your personal account! And because of my personal experience of Cash App freezing my account. My unfortunate answer was, “No, I wouldn’t.” A few years ago, I was asked the following question by a group of bright-eyed and bushy-tailed entrepreneurs: Can my business accept payments through my personal Venmo or Cash App account? ![]()
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