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Tech watch: Venmo

For many of us, Venmo has become the “go to” app for personal payments — we’ve downloaded it to our phones and pay the handyman or babysitter with a click. Venmo business can be just as useful for churches or non-profits. For instance, I established an account with the food pantry where I volunteer; Venmo produced a QR code that is easy to insert in other materials, such as a church bulletin or signage outside the sanctuary.

We even used Venmo with a lemonade stand effort; people are less likely to carry cash these days, so even a jogger with only their phone in-hand could donate via Venmo. This could be equally useful for church fundraisers, particularly events with a table outside the church or in fellowship hall (think bake sales or the youth group’s spaghetti dinner!).

Non-profits are charged a 1.9% transaction fee, so this is something to consider. However, Venmo will easily transfer the funds to your organization’s bank account, saving your staff the time of counting coins in the cash box and making a trip to the bank, which may justify the trade-off.

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