For the record, not everyone is a scammer.  There are way more legitimate businesses out there than those that are out here scamming people.  So imagine how shocked I was when that was the overall sentiment in a recent group discussion.

I get it, sometimes we don’t know what we don’t know.  In this case, the original poster had expressed concerns because their new client didn’t want to pay by credit card…they wanted to pay by wire transfer.  And as a result, the client needed the poster’s bank information *gasp*

Not only are there legit reasons to ask for and accept wire transfers and ACHs as a form of payment but there are also legit ways to get it done WITHOUT giving up your bank account number.

In this episode, the first of the “inspired by” topics, I’m giving up the goods and telling you exactly how to do that.

I’m giving you a list of my top 3 alternatives to credit card payments (plus a bonus one) and I issue a very strong warning about what NOT to do/use for money transfers.

Mentioned in today’s episode:

  • 4 Alternatives to Wire Transfers
  • Why you shouldn’t use personal money transfer systems like the Friends & Family option in Paypal or Zelle or Venmo or CashApp when conducting business

Additional resources:

Remember, this is an open discussion.  If you have a question that you’d like me to answer on an upcoming episode, send an email to podcast@thecommoncents.com.

If you’re hanging out on social media, you can find me on Facebook, Instagram or Twitter…as @thecommoncents.

Episode 010 - Getting Paid: Ways To Transfer Money

SUBSCRIBE TO THE 2 CENTS DIGEST

SUBSCRIBE TO THE 2 CENTS DIGEST

Never miss a thing...sign up to get a weekly roundup of the the latest money and profit management news plus a note from Joyce.

You have Successfully Subscribed!

SUBSCRIBE TO THE 2 CENTS DIGEST

SUBSCRIBE TO THE 2 CENTS DIGEST

Never miss a thing...sign up to get a weekly roundup of the the latest money and profit management news plus a note from Joyce.

You have Successfully Subscribed!

get instant access to the
Money Matters Checklist

get instant access to the

Money Matters Checklist

Grab my step-by-step checklist that covers it all: what to do, when to do it (and why you need to do it)…

You have Successfully Subscribed!

join the
Kill The Vanity Metrics
Challenge

join the

Kill The Vanity Metrics

Challenge

the 3 day challenge that helps you focus on the impactful activities to grow your business and be more profitable

You have Successfully Subscribed!

Pin It on Pinterest

Shares
Share This