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

Post date: 2021-01-15 09:31:27
Views: 328
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:
Michael and Susan Dell to donate $750 million to UT Austin to fund new medical campus
Apple's elevation of silicon head Johny Srouji signals sprint to build in-house chips for all devices
How Warsh can give Trump rate cuts, keep Fed independent, and make the market happy
New Apple CEO John Ternus doubted himself when he started: 'I wasn't sure I belonged'
Bike horn for warning oblivious pedestrians
Is it okay to leave the toilet seat up in a shared office space?
The Way Home: The Way Home, season 4 (all episodes)
Movie: Roommates
Big Mistakes: Big Mistakes
Tim Cook turned Apple into a $4 trillion juggernaut by not trying to be Steve Jobs