Accepting Venmo/online payment for one-person business in 2021?
Post date: 2021-01-15 09:31:27
Views: 513
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:
Tesla recalls 3 million vehicles in China over doorhandle safety, driver monitoring
Pentagon fires U.S. military newspaper leadership
As GOP warns data centers put Ohio Senate seat at risk, Husted defends energy policy
Kalshi traders think the bitcoin rally could end the year near current levels
Energy sector is in focus because of Iran, AI and California. Here are hedge funds' top plays
Big week coming up with PCE, Nvidia earnings and then Jackson Hole. Here's what to expect
Most Americans aren't anti-vaccine. They're uncertain — and that's a growing public health challenge
Star Trek: Strange New Worlds: Level-Five Transporter Accident
Book: The Lives Of The Muses: Nine Women & the Artists They Inspired
Movie: The Swindle