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Can I use money transfer apps for sorority business?

The short answer is, it’s not advisable. Apps like Venmo, Cash App, PayPal and Zelle, while convenient, pose risk in both the transfer of funds and the mixing of chapter funds and members’ personal accounts.

There are solutions, however, that manage potential risk and still provide the convenience of online transactions. Consider seeking out our partners to discuss alternatives:

For more detailed information about your organization’s potential exposure, take a look at the following article on the subject from our partners at Omega Fi.