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

Post date: 2021-01-15 09:31:27
Views: 506
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:
How one Silicon Valley firm is seizing an opportunity from Premier League soccer's gambling ad clampdown
Boeing engineers, technical workers reject contract offer
An overlooked AI winner names a new CFO — plus, Nvidia's key earnings loom
'A delicate dance': JD Vance says economic pressure is the best way to achieve Washington's objectives in Iran
Gold rebounds as bond jitters, debt fears and weaker dollar revive bullion demand
Movie: American Doctor
Movie: Meda or The Not So Bright Side of Things
Special Event: The Riffs of Isle of Rangoon: Technology
Movie: Contact
The Bombing of Pan Am 103: The Bombing of Pan Am 103 (all episodes)