How to Send and Receive Payments with Grasshopper Bank (Step-by-Step Tutorial)

Get started with Grasshopper to manage your business payments online, earn cash back and interest, and simplify how you send and receive money here: https://startupwise.com/grasshopper/ In this video, I go over how to send and receive payments with Grasshopper Bank so you can see exactly how it works for freelancers, small business owners, and entrepreneurs. I walk through how to set up payments, link your account to platforms like Stripe or PayPal, and use Grasshopper’s invoicing and ACH transfer tools to keep your business cash flow running smoothly without the usual banking headaches. Our favorite business must-haves: 💳 Best business credit cards: https://startupwise.com/creditcards 🏦 Novo (best business bank): https://startupwise.com/novo 🖥️ Best AI website builder ($3/month using code STARTUPWISE): https://startupwise.com/hostinger/ ⚙️ Northwest (best $39 LLC formation service): https://startupwise.com/northwestLLC 💰 Payroll with Gusto (get 2 months free!): https://startupwise.com/gusto 👨💼 Best overseas staffing agency (save 80% on payroll): https://paired.so/startupwise Be sure to watch this video until the end because I’ll explain the key things to know about making payments with Grasshopper Bank. You’ll learn how free incoming ACH transfers work, what fees to expect on wires, how to use the invoicing system to get paid faster, and how to send recurring payments to contractors or vendors. I’ll also cover how to connect your Grasshopper account with accounting software so you can track payments automatically. Grasshopper makes it simple to handle business payments online, whether you’re getting paid by clients, sending money to contractors, or managing recurring bills. The biggest pros are the free incoming payments, built-in invoicing, and clean dashboard, while the main drawbacks are no cash deposits, no paper checks, and limited customer support hours. If your business is digital-first and you want a low-maintenance way to manage payments, Grasshopper is a strong option to consider. If you found this video helpful, be sure to check out our other videos on: Grasshopper Bank Review for Entrepreneurs: Is It Worth It?: https://youtu.be/fHtMYkwWgE8 Top 10 Business Account Platforms for Startups: https://youtu.be/qB_yvLoGXYg Request New Videos Here: https://forms.gle/k9TtfauggkEpAWNQA More tutorials on our website: https://www.startupwise.com Thanks for watching! I hope you have a wonderful day! – Ashley #Grasshopper #Tutorial #BusinessBanking Timeline: 0:00 - Intro 0:30 - Overview 1:28 - Key Features That Support Payments 2:57 - How to Receive Payments Through Grasshopper 3:53 - How to Send Payments with Grasshopper 4:31 - Sending Bill Payment with Grasshopper Bank 4:50 - Getting Started with Grasshopper Bank 5:50 - Grasshopper Bank Dashboard 7:00 - Grasshopper Bank Cons 8:24 - Conclusion Disclaimer: Some of the links above may be affiliate links, meaning I may receive a small commission if you click on them. The commission is paid by the retailers at no cost to you, and this helps to support our channel and keep our videos free. Thank you! All info from our videos is compiled from online sources and our own experience, and we encourage you to do your due diligence. We appreciate your viewership! In addition, we are not financial advisors. StartupWise does not provide tax, legal, or accounting advice. The ideas presented in this video are for entertainment purposes only. Please do your due diligence before making any financial decisions.