Category: Other

ALL of these involve time and of course money. If your startup can’t afford multiple thousands of dollars per month or added processing costs [markup] it is highly unlikely your P2P app can get off the ground. ACH Web payments are an economical, reliable rail for moving money but there are rules around usage. If you did actually get to market is would be hard to compete directly with Venmo. You would need to have a niche with a BIG problem or create a wallet with some kind of unique rewards systems to encourage adoption.