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

Post date: 2021-01-15 09:31:27
Views: 385
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:
Chairman Warsh abstains from giving rate forecast as several members signal a hike in 2026
Game Changer: Night Shift
Widow's Bay: We Hope You Enjoyed Your Time
Star City: Dark Forest
Interview with the Vampire: The Vampire Lestat: Toledo
What would happen if the POTUS started shooting people in the streets?
People with high sleep needs?
China to return as major oil buyer in August, JPMorgan says, naming its top stock picks
Jeffrey Gundlach says Fed's Warsh is not going to be the 'easy money' chairman many hoped for
Google Gemini co-lead Noam Shazeer leaves for OpenAI