Accepting Venmo/online payment for one-person business in 2021?
Post date: 2021-01-15 09:31:27
Views: 348
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:
Trump says Xi agrees Iran must open strait, but no sign China will weigh in
We traded our smartphones for flip phones for 4 days—and learned that ditching modern technology is harder than it sounds
Berkshire's new CEO overhauls portfolio, dumping a slate of stocks
Why J&J thinks its new psoriasis pill could be one of its biggest drugs ever
Cerebras' blockbuster IPO boosts hype for SpaceX and OpenAI, but crowds out smaller players
Can you help me learn to make 3D shapes out of paper?
This used to be possible... Extracting hardcoded subs using SubRip
Top Chef: Hook, Line & Dinner
Why Taiwan became the defining issue in the Trump-Xi talks
Trump went big on tech stocks in first quarter of 2026, new filings show