When you're just starting out—or even after years behind the chair—it's easy to fall into habits that seem convenient in the moment. One of the biggest ones? Using Venmo for payments.

We get it: it’s quick, familiar, and free (or so it seems). But what many beauty professionals don’t realize is that Venmo isn’t made for business—and relying on it could actually be costing you money, credibility, and clients.

1. Venmo Can Shut Down Your Account Without Warning

Venmo’s terms of service clearly state that personal accounts are not to be used for business transactions. Even if you have a business profile, it still doesn’t offer the protections and features real businesses need.

If Venmo flags your account for receiving payments related to services (especially with keywords like “nails,” “lashes,” or “appointment”), they can freeze your funds or permanently close your account. That means no access to your money—and no recourse.

We’ve heard from beauty pros who’ve lost hundreds or even thousands of dollars because their Venmo accounts were shut down unexpectedly.

2. Venmo Now Reports to the IRS

Starting in 2024, third-party payment apps like Venmo are required to report any business transactions over $600 a year to the IRS. That means if you’re accepting client payments through Venmo, those earnings will be tracked and reported—whether you’re prepared for it or not.

You’ll be issued a 1099-K form and expected to report it on your taxes. But without clear records, automated reports, or income summaries, you could find yourself under-reporting (or overpaying) without even knowing it.

3. There’s No Way to Protect Your Time or Your Boundaries

With Venmo, you can’t:

• Collect deposits or enforce no-show fees

• Set cancellation policies

• Secure a client’s card before the appointment

You’re left chasing payments, dealing with flaky clients, and constantly being “on call” to reply to messages or confirm bookings.

With BBY Payments, your client enters their card info upfront when they book. You can automatically:

• Charge deposits

• Enforce cancellation and no-show policies

• Collect the full payment if needed

It’s secure, hands-off, and gives you control over your schedule and income.

Conclusion: Run Your Business Like a Business

Venmo might seem easy, but it’s not designed to support or protect your business. If you’re serious about growing, protecting your income, and delivering a professional experience, BBY Payments is the smarter way to go.

From collecting payments to managing clients, BBY was built to support independent beauty professionals every step of the way.