I use Venmo, PayPal, Zelle, or Cash App as my business bank account. Can I receive my grant through those apps?

No, you must have a bank account from a traditional banking institution. The PROMISE Act grant dollars are not NDC’s money. They are State funds, and therefore, taxpayer dollars. To mitigate fraud, only bank accounts from traditional banking institutions will be accepted.  

If you run your business through one of those apps, we highly recommend you open a business bank account at a local bank branch or credit union. Thank you for understanding.