Accepting Venmo/online payment for one-person business in 2021?
Post date: 2021-01-15 09:31:27
Views: 291
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:
Amazon says U.S. Postal Service 'walked away at the eleventh hour' in negotiations
Israel says it has killed Iran’s intelligence minister in third assassination in two days
Iran war poses challenges to high-margin Middle East car market
Dry eyes?
Book: Mistborn: The Final Empire
Top Chef: Puckerbutt
Paradise: Jane
Micron revenue almost triples, tops estimates as demand for memory soars
Oil jumps 4% as Iranian retaliatory strikes on Qatar’s key energy facility stoke supply worries
Vice President Vance to meet with oil industry as White House plans more actions to address fuel prices