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

Post date: 2021-01-15 09:31:27
Views: 452
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:
Investors may want to focus on front end of yield curve — as Street anticipates next Fed meetings
Iran's overlapping power centers make ending the war more complicated
From a Fed decision to Big Tech earnings: What drove last week's volatile market
Spain installs floating barrier in North African enclave following border rush by tens of thousands
Managing anxiety post-surgery when you can't take a deep breath?
Research on fighting "phone addiction" or whatever you want to call it
Book: Purgatorio: Canto 27
Star Trek: Strange New Worlds: The Griffin Incident
Book: The Headache by Tom Zeller Jr
Movie: Spider-Man: Brand New Day