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

Post date: 2021-01-15 09:31:27
Views: 592
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:
Americans grow more pessimistic about their finances, New York Fed finds — expert warns of ‘tough choices’ ahead
Trump doesn't think Russia plague incident is bioweapon, plans Putin call Wednesday
Brazil is having its Argentina moment. How to play it
Trump trade chief Greer reports higher cash holdings as law firm pay topped $650K
Lululemon poaches Athleta CEO as new chief product officer
Can native speakers immediately grasp Joyce's tricks?
Ted Lasso: Being Alive
Line of Fire: A Bigger Picture
Snowpiercer: Dominant Traits Rewatch
Trump says he is not keen on a deal with Iran as U.S. reportedly prepares for 'massive bombing'