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

Post date: 2021-01-15 09:31:27
Views: 386
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:
Financials have the market's deepest bench of near-breakouts
Chairman Warsh drastically alters Fed rate statement. Here's what's changed
'Passive' investors who dodged bitcoin are now forced to own SpaceX, which is three times more volatile
Mr. Queen: Full season
A Man on the Inside: Group Project
Star City: Dark Forest
Interview with the Vampire: The Vampire Lestat: Toledo
Treasury 2-year yield post-Fed spike 'exaggerated' or is there room for more? Strategists weigh in
India’s largest stock exchange files for IPO as mega-listings gather pace
Why Wall Street banks and foreign borrowers are rushing to tap China’s cheap money