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

Post date: 2021-01-15 09:31:27
Views: 299
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:
Disney embarks on new chapter as Josh D'Amaro takes over as CEO
Dad is dying - how do I cope right now?
Looking for great books, essays and podcasts about fundraising?
Book: Mistborn: The Final Empire
Scarpetta: Full first Season
Paradise: Jane
Micron revenue almost triples, tops estimates as demand for memory soars
Fed holds interest rates steady — here’s what that means for consumers
Trump waives Jones Act shipping rules for 60 days to steady oil market
How China is getting everyone on OpenClaw, from gearheads to grandmas