Accepting Venmo/online payment for one-person business in 2021?
Post date: 2021-01-15 09:31:27
Views: 458
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:
Situational Awareness hedge fund meltdown was a warning shot for leveraged markets, BofA CEO says
Lucid stock plunges as EV maker begins 'operational reset,' delays midsize vehicle
Movie: The Egg and I
Google chief scientist Jeff Dean leaving in AI reshuffle after 27 years at company
Gift for a 7 year old in Europe
Ken Griffin's Citadel posts best month in years after scooping up Situational Awareness stocks
Follow-up - anti-depressants and (male) sex, difficulty climaxing
SpaceX stock falls 7% after AI spending surge rattles investors
Hollow wall anchor
Disney weighs free, ad-supported streaming, says it has sold out Super Bowl ad spots