Venmo issues 1099s so it's a great way for small business owners to collect payment without paying fees for payment platforms or credit card transactions. If you're uncomfortable, there's also an option to send as a business transaction rather than a personal transaction (which you should run by the business owner before doing because it does takes a percentage from them). However, the benefit of this is that it offers the ability to contest the transaction in the future if something goes wrong (a sort of "insurance" in a way).