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

Post date: 2021-01-15 09:31:27
Views: 565
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:
Tuesday's big stock stories: What’s likely to move the market in the next trading session
Meta's splashy new business AI hire offers yet another reason to bank on Zuckerberg
Meta hires MongoDB CEO CJ Desai to lead enterprise unit. MongoDB shares crater
Movie: Wrong Turn
Snowpiercer: A Beacon for Us All Rewatch
How to prevent a mid-flight kitty poo-splosion?
Trump announces plan for $15 billion steel plant, would be largest in U.S. history
Stock futures are little changed after higher yields lead to losing session: Live updates
Supreme Court Justice Alito will not participate in big climate change case next week
Boeing 737 Max 10 certification delayed by software issue, FAA says