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

Post date: 2021-01-15 09:31:27
Views: 412
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:
Americans are paying record prices for steak. Here's why demand isn't cracking
OpenAI proposes 5% stake to Trump administration to ease Washington pressure: Report
Adjusting clamping pressure on Schuco barrel hinge
Rivian raises 2026 delivery outlook while Lucid misses Wall Street expectations for second quarter
Led by Buc-ee’s and new rival Dolly Parton, America’s gas station chains are in a mega-sizing era
Stargate SG-1: Proving Ground Rewatch
These are the top stock picks from UBS analysts heading into the third quarter
Movie: Iron Lung
Star City: Plow Deep
My bra keeps touching me. It's too hot for this.