Accepting Venmo/online payment for one-person business in 2021?
Post date: 2021-01-15 09:31:27
Views: 545
I recently started doing work as a virtual personal assistant. So far I've been receiving payments via Venmo, but I'm worried that my account will get flagged, payments frozen, etc. I would of course like to avoid paying the 3% Paypal merchant fee. What are my options?

I have 6-10 clients who pay me on a weekly or biweekly basis. The total amount I'm receiving is around several thousand dollars a month.

I'm in the US, so bank transfers aren't super common. Everyone seems to hate personal checks.

Does anyone have experience using Venmo for business purposes? What are the other options out there?
Number of Comments
Please click Here to read the full story.
 
Other Top and Latest Questions:
OpenAI proposes development of global AI standards to guide alignment, RSI
Movie: Resident Evil: Apocalypse
Secondhand clothes-shopping and environmental impact
phone games that get you into flow state
What should I do now if I may loose my hearing in 15 years?
Where to buy Mahjong set (details inside)
How to teach an adult to parallel park?
Trump discloses more than 1,100 July trades, including up to $25 million each in sales of Microsoft, Amazon
Sullivan: Wall Street admits it doesn't know where oil is headed. There's one stock they do agree on
DraftKings CEO doesn’t know why his stock loves bad prediction market news. Wall Street says it’s rational