Accepting Venmo/online payment for one-person business in 2021?

Post date: 2021-01-15 09:31:27
Views: 350
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:
Wall Street and Main Street face off next week with Nvidia, consumer earnings. Here's what's ahead 
Trump says China and Taiwan should 'both cool it'
Cerebras' blockbuster IPO boosts hype for SpaceX and OpenAI, but crowds out smaller players
Are there any good free VPNs?
Special Event: Live Stream: Semifinal 2 (2026 Eurovision Song Contest)
The Bear: Gary
Bon Appetit, Your Majesty: Full season
Kevin Warsh comes into the Fed facing a big 'family fight' over cutting interest rates
Why Taiwan became the defining issue in the Trump-Xi talks
Creator content made the main stage at TV's 'upfront' pitches — and not just for YouTube