Accepting Venmo/online payment for one-person business in 2021?

Post date: 2021-01-15 09:31:27
Views: 332
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:
Worried about rising gas prices? These 5 credit cards save on transit, rideshare and more
Marvell stands to gain from boosted Amazon-Anthropic partnership
Alaska Air pulls forecast as Iran-linked fuel surge hits margins
How to donate medicine?
Is it okay to leave the toilet seat up in a shared office space?
Trump extends ceasefire in Iran, citing 'seriously fractured' Iranian government
Movie: The Blue Caftan
Judge dismisses Kash Patel's defamation lawsuit over claim he frequented 'nightclubs'
Apple incoming CEO John Ternus faces a defining challenge: Fixing the company's AI strategy
Trump says 'I'll remember' companies that don’t seek tariff refunds