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

Post date: 2021-01-15 09:31:27
Views: 454
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:
SpaceX stock falls 7% after AI spending surge rattles investors
Fed's Kashkari says 'now is the time to start slowly moving' rates up
Hollow wall anchor
Movie: The Egg and I
Movie: Jour de Fête
Movie: The Band Wagon
Trump admin refunds $100 billion in 'liberation day' tariffs
Situational Awareness hedge fund meltdown was a warning shot for leveraged markets, BofA CEO says
S&P 500 gives up gain as 4-day rally loses momentum; Dow boosted by Nvidia: Live updates
Manager of DRAM memory chip stock trade blockbuster ETF is back with new AI thematic bet