FlyerTalk Forums - View Single Post - Alternative Venmo/Paypal MS Idea - Thoughts?
Old Nov 12, 2018, 3:16 pm
  #6  
legendsguy
 
Join Date: Feb 2009
Posts: 14
As a business owner that uses Square for cc processing. When I really need to meet a ms, I will have the business swipe my personal card for the amount I need. In the books, it is recorded as a loan from the owner. The next day I write a check back to myself to pay back the loan. It works but you have the fees to consider. Verified by my CPA that I could legitimately do this type of transaction.
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