Accepting Venmo/online payment for one-person business in 2021?
Post date: 2021-01-15 09:31:27
Views: 492
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:
Yields had a big week. Why these moves may be reminiscent of 1987
As GOP warns data centers put Ohio Senate seat at risk, Husted defends energy policy
Energy sector is in focus because of Iran, AI and California. Here are hedge funds' top plays
International student enrollment falls amid tighter U.S. visa policies, reports show
Book: Purgatorio: Canto 30
Star Trek: Strange New Worlds: Level-Five Transporter Accident
Special Event: The Riffs of Isle of Rangoon: Technology
Movie: The Swindle
Movie: Contact
The Bombing of Pan Am 103: The Bombing of Pan Am 103 (all episodes)