Accepting Venmo/online payment for one-person business in 2021?
Post date: 2021-01-15 09:31:27
Views: 566
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:
Higher rates will create winners and losers in bonds, says UBS. Where the bank sees opportunity
Khanna to introduce AI safety bill with ban on 'recursive' technology until safeguards exist
Meta's Muse agent is attacking one of the economy's most profitable weak spots
Movie: Mayday
OpenAI abandons plan to release upcoming model as safety concerns escalate
lofi hip-hop games to relax/study to
How do you hang up your heaviest skirts?
San Diego Restaurants, Events, Fun Suggestions
How to prevent a mid-flight kitty poo-splosion?
A relief rally could be coming soon for these stocks getting hurt by higher rates, says Katie Stockton