Accepting Venmo/online payment for one-person business in 2021?
Post date: 2021-01-15 09:31:27
Views: 539
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:
NFL and midterm elections set up prediction markets for a critical fall season
Taxing high earners to help fund Social Security gains bipartisan attention — what it could mean for benefits
Up 3,600%, this freight fund has posted the biggest gains of all on Iran war oil shock
Snowpiercer: Keep Hope Alive Rewatch
Movie: Hope
Any recommendations of what to do in Paris.
Art/Cultural History Trip
LA Clippers owner Steve Ballmer apologizes over team sanctions
Baker Hughes sees no slowdown in energy projects despite higher rates as AI buildouts stoke LNG demand
Sub-$100 smartphones becoming a rarity as AI memory prices soar