Accepting Venmo/online payment for one-person business in 2021?
Post date: 2021-01-15 09:31:27
Views: 179
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:
AI to impact 89% of jobs next year, CNBC survey of HR leaders finds
Amid market volatility, should retail investors buy the dips or take their profits and run?
Google and Disney reach deal to restore ESPN, ABC to YouTube TV
Trump tariffs are helping drive U.S. beef prices to new highs
Woman pleads guilty to lying about astronaut wife accessing bank account from Space Station
AI puts the squeeze on new grads — and the colleges that promised to make them employable
Trump buys at least $82 million in bonds since late August, financial disclosures show
Trump cuts tariffs on goods like coffee, bananas and beef in bid to slash consumer prices
These are the most oversold stocks in the market that could be primed for a comeback
Berkshire Hathaway's surprising new tech stake