Accepting Venmo/online payment for one-person business in 2021?
Post date: 2021-01-15 09:31:27
Views: 489
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:
Ken Griffin says Citadel unwound more than 80% of risk tied to Situational Awareness portfolio
Trump to allow import of 300,000 metric tons of ground beef without tariff
Bitcoin surges 22% for the week as investor optimism floods back
Why some of America's biggest brands are losing ground in China
Movie: American Doctor
Book: Why I Love Horror: Essays on Horror Literature
Movie: Meda or The Not So Bright Side of Things
Movie: Camp
Movie: Handsome Guys
U.S., Canada fail to reach a tariff deal, deepen trade war