Accepting Venmo/online payment for one-person business in 2021?
Post date: 2021-01-15 09:31:27
Views: 560
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:
The warning signs your debt may be a problem, according to a credit counselor — and what to do first
Meta's Muse agent is attacking one of the economy's most profitable weak spots
Senate tees up college sports bill aimed at regulating NIL deals
Snowpiercer: The Original Sinners Rewatch
Help me refine my sleep setup so I can ideally get some
Help Identifying 80s Dino Book
Stock futures are little changed after higher yields lead to losing session: Live updates
Supreme Court Justice Alito will not participate in big climate change case next week
Anthropic's IPO prospectus shows sweeping AI vision, surging costs: Reuters
Luckin Coffee, flush with investor cash, weighs entry into Middle East markets