Accepting Venmo/online payment for one-person business in 2021?
Post date: 2021-01-15 09:31:27
Views: 255
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:
Trump administration equity stakes pose risks to U.S. companies and markets
Trump condemns racist video showing Obamas as apes after removing it, but says he won't apologize
Nearly a thousand Google workers sign letter urging company to divest from ICE, CBP
First the quarter zip, now a '401(k) mullet' — what Gen Z trends say about the economy
In reversal, Trump backs Nexstar's proposed acquisition of Tegna
Pressure mounts on American Airlines CEO as carrier lags rivals
Elon Musk wants to be a trillionaire — here's how SpaceX may get him there
Washington Post publisher Will Lewis announces departure, following mass layoffs
NFL plans to have discussions with partners outside of core media for live games, media chief says
Japan's Nikkei 225 skyrockets over 5% to hit record highs as Takaichi secures historic mandate