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

Post date: 2021-01-15 09:31:27
Views: 470
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:
Private companies added just 44,000 workers in July, below expectations, ADP reports
Oil prices fall on negotiations to manage ship traffic in Strait of Hormuz
Chipmaker Broadcom is breaking out. How Tony Zhang is trading it
Gift for a 7 year old in Europe
Silo: Memory Show Only
Hello, how long can I edit my profile
How Disney parks are bucking a travel slowdown
Disney tops earnings estimates as parks and streaming offer a boost
SpaceX's earnings are not helping its stock, but Nvidia is getting a boost
Ted Lasso: Home