Cash App or Zibo or Something Else..

[Chinmay J.]

I usually give my tenants two options.. Either deposit a check in the bank closest to you, or remit the payment via Venmo.  Most of the tenants choose latter.  

Venmo had been working out great so far, but last month they sent email saying that they will be adding 1.9% fee to any transaction that is labeled as "goods and services". It seems they want to start charging customers who use their platform for business, and only want to keep it free between friends and families. 

I was thinking of moving my tenants to CASH APP or Zibo ! What are your experiences with either.. 

I have limited experience with CASH APP. One tenant pays through cash app, but her portion is only $400. Rest of it is paid by the county under Sec 8. I did some research and it doesn't show that CASH APP has any restrictions as far as cap amount is concerned. (Zelle for e.g caps you at $500 per day)

Has anyone here used Zibo? How was your experience.