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Showing posts from July, 2025

How to Make Digital Payments Peer to Peer

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Digital Payment Systems Paypal - Early Technology that made digital peer to peer payments easy If you don't use Paypal anymore, you can delete your account so no one else can access the financial institutions linked to it. With the invention of smartphones, Venmo, an app made peer to peer payments easier. Owned by PayPal. To setup Venmo, download the app sign up using your phone number or email and follow the prompts Payment Portals link to your bank via ACH or via your bank login info using Plaid. ACH provide your Bank Routing number and Bank Account Number (information on the bottom of your check) Plaid is a third party software that securely links your banking credentials to a Payment app. Is online banking Safe? Most likely, but rest assured your bank will reimburse most any fraud. Sign up for online banking to use services like Zelle, bill pay, having the bank create and send checks for you. Zelle is bank to bank transfer. You must register your cell phone or email address thr...