Accepting Venmo/online payment for one-person business in 2021?
Post date: 2021-01-15 09:31:27
Views: 594
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:
Consumer stocks have been hammered. Here are some opportunities among the casualties
Levi Strauss hikes profit guidance after tariff refunds, but its sales outlook is less optimistic
Inside India newsletter: Food crisis, economic shock ahead as India braces for El Niño
Stargate SG-1: Abyss Rewatch
Movie: Resident Evil: Afterlife
Line of Fire: A Bigger Picture
Lanterns: Dirt and Stars
Snowpiercer: Bell the Cat Rewatch
Trump says he is not keen on a deal with Iran as U.S. reportedly prepares for 'massive bombing'
Elon Musk blames Indian 'oligarchs' for stalling Starlink launch