Venmo is introducing Business Profiles on a limited trial basis to help sole proprietors and small businesses to accept payments for their businesses. Per a press release from Venmo, "Piloting to a limited number of users today, Business Profiles allows sole proprietors, casual sellers, and users with a side hustle to create an additional Venmo profile to accept payments … [Read more...] about Venmo pilots Business Profiles and Payments for Small Businesses
PayPal
PayPal, Intuit and Square Capital can now offer loans to small businesses through the Paycheck Protection Program
PayPal, Intuit and Square Capital are some of the non-bank institutions that are now also approved to participate in the SBA's Paycheck Protection Plan, which is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll. SBA will forgive loans if all employees are kept on the payroll for eight weeks and the money is used for … [Read more...] about PayPal, Intuit and Square Capital can now offer loans to small businesses through the Paycheck Protection Program