Accepting Venmo/online payment for one-person business in 2021?
Post date: 2021-01-15 09:31:27
Views: 460
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:
More than half of Americans come up as much as $250 short each month — here's how to find that money
Warren presses Lutnick over UAE access to sensitive U.S. tech after Trump crypto investment
Movie: Mermaid
A couple of fire season questions (AQI & predicting fire growth)
Pneumonia, Asthma, Prednisone, oh my...
Another "identify this title from my youth" question
Movie: The Band Wagon
Ken Griffin's Citadel posts best month in years after scooping up Situational Awareness stocks
Movie: The Temptation of St. Tony
Tales from the Crypt: The Man Who Was Death