Accepting Venmo/online payment for one-person business in 2021?
Post date: 2021-01-15 09:31:27
Views: 197
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:
Waiting until January to make this move could trim up to $2,000 off your taxable income—about 90% of filers could benefit
S&P 500 rises to start a holiday-shortened week, led by tech: Live updates
CBS postpones '60 Minutes' report on El Salvador's CECOT prison
Neuroscience researcher: The dopamine-boosting morning routine I use to start my day in a good mood
The NBA is pursuing ownership groups for a potential basketball league in Europe
Motive, an Alphabet-backed fleet management software company, files for IPO
Hanwha's Philly Shipyard can build nuclear submarine for U.S. Navy, executive says
S&P 500 closes at another fresh record in holiday-shortened session: Live updates
Arkansas ticket scoops $1.8 billion in Christmas Powerball jackpot
Epstein files: DOJ restores image showing Trump after backlash