Accepting Venmo/online payment for one-person business in 2021?
Post date: 2021-01-15 09:31:27
Views: 288
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:
Fed still expects to cut rates once this year despite spiking oil prices
Alternatives to Outlook, Gmail and AOL for a web-based Email Provider?
Help me understand tax on a brokerage account
Services that will pick up and ship item?
Movie: Within the Pines
Trump warns to 'blow up' South Pars gas field in Iran if strikes against Qatar energy continue
Bank of Japan keeps rates steady as expected, warns Iran war may push up inflation
Asia markets track Wall Street losses as Iran war fuels energy worries; BOJ rate decision on deck
How China is getting everyone on OpenClaw, from gearheads to grandmas
These income-generating plays can yield up to 6% as the Fed holds rate steady