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

Post date: 2021-01-15 09:31:27
Views: 643
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:
Recent AI agent experiments reveal a risky future of machine 'teamwork' inside corporations
Cathie Wood 'always feels better when the market is worried' — here's why
Trump offers UFC chief Dana White press secretary job
In pictures: France protests draw 146,000 as clashes erupt for fourth straight weekend
Anthropic IPO meets AI backlash after midterms show stinging rebuke of data centers
Teach me more about drugs (lots of drugs)
Book: Inventing The Renaissance
Cupertino: Celeste
The Gilded Age: Ring the Bells
Nvidia investigates CEO Jensen Huang's relationship with alleged Chinese spy